Funding you earn now, next payment 22:00 UTC−0.0117%/8h= −12.8% APRnext payment −$0.15 per $10,000 · paid last 24h −0.004%
Price spread now: Extended against Phoenix−0.654%48s7-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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.654% cheaper against Phoenix than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XLM | 0.2182 | 0.0221 | pay 0.0028% / 1h | 34m 26s | $5K | $41K | 5x |
| Short | Extended XLM-USD | 0.2168 | 0.0104 | get 0.0013% / 1h | 34m 26s | $194K | $1.6M | 10x |
Phoenix XLM
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$24.63
- Price spread: −0.654% → 0.000%
- −$65.37
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$102
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago | 3.20 bp | 5.7 bp −$6 | 15.7 bp −$157 | doesn't fit | 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 | 0.2174 | −0.378% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0012% | 1h | 0.2169 | −0.600% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2170 | −0.557% | $590K | $801K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2165 | −0.759% | $56.4M | $150.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | −0.830% | $43.9M | $43.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2163 | −0.862% | $13.1M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2169 | −0.591% | $4.0M | $6.0M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2164 | −0.820% | $26.0M | $26.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2169 | −0.596% | $14.6M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2164 | −0.820% | $25.9M | $19.0M | 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 | 0.2169 | −0.587% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2176 | −0.259% | $299K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2180 | −0.072% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2177 | −0.212% | $603K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2185 | +0.142% | $175K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2174 | −0.362% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2172 | −0.463% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2172 | −0.431% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2174 | −0.367% | $201K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2173 | −0.426% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2168 | −0.654% | $194K | $1.6M | 10x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2175 | −0.335% | $2.4M | $6.0M | 75x | as long as short |
| Phoenix XLMlong | +0.0221% | 1h | 0.2182 | long leg | $5K | $41K | 5x | |
| Backpack XLM_USDC_PERP | +0.0289% | 1h | 0.2172 | −0.431% | $104K | $259K | 20x | as long as short |
| Hyperliquid XLM | +0.0303% | 1h | 0.2165 | −0.752% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2173 | −0.410% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2182 | −0.018% | $233K | $1.6M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2045 | −6.274% | $6K | $238K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0503% | 1h | 0.2173 | −0.393% | $2.7M | $2.7M | 50x | as long as short |
| Lighter XLM | +0.0512% | 1h | 0.2173 | −0.385% | $421K | $812K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0670% | 1h | 0.2176 | −0.280% | $540K | $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
BloFin XLM-USDT
Backpack XLM_USDC_PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL