Funding you earn now, next payment 22:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.031%
Price spread now: BloFin against Phoenix−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XLM | 0.2162 | 0.0221 | pay 0.0028% / 1h | 28m 08s | $5K | $41K | 5x |
| Short | BloFin XLM-USDT | 0.2161 | 0.0220 | get 0.0220% / 8h | 1h 28m | $2.4M | $6.0M | 75x |
Phoenix XLM
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.27
- Price spread: −0.014% → 0.000%
- −$1.39
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.66
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 6 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 0.23 bp | 9.2 bp −$9 | 12.9 bp −$129 | 25.3 bp −$2,534 | doesn't fit |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XLM on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2162 | 0.000% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0013% | 1h | 0.2164 | +0.093% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2162 | +0.004% | $586K | $804K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2159 | −0.106% | $56.1M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2159 | −0.125% | $43.9M | $43.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2158 | −0.162% | $13.0M | $42.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2161 | −0.042% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2160 | −0.051% | $26.1M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2160 | −0.069% | $14.5M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2158 | −0.157% | $25.8M | $19.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2159 | −0.116% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2160 | −0.063% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2169 | +0.320% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2158 | −0.180% | $598K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +0.190% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2162 | +0.019% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2148 | −0.629% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2160 | −0.051% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2161 | −0.042% | $199K | $273K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2161 | −0.032% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2161 | −0.032% | $193K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0193% | 1h | 0.2160 | −0.065% | $102K | $261K | 20x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2161 | −0.014% | $2.4M | $6.0M | 75x | |
| Phoenix XLMlong | +0.0221% | 1h | 0.2162 | long leg | $5K | $41K | 5x | |
| Hyperliquid XLM | +0.0305% | 1h | 0.2162 | 0.000% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2161 | −0.025% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2164 | +0.097% | $233K | $1.5M | 50x | as long as short |
| Lighter XLM | +0.0464% | 1h | 0.2164 | +0.125% | $418K | $812K | 5x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2033 | −5.949% | $5K | $238K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0506% | 1h | 0.2161 | −0.022% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0537% | 1h | 0.2163 | +0.065% | $537K | $176K | 25x | as long as short |
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Lighter XLM
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL