XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.006%

Price spread now: GMX against Phoenix−0.267%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. GMX is 0.267% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.267% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 40 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix XLM	0.2127	0.0225	pay 0.0028% / 1h	0m 34s	$5K	$46K	5x
Short	GMX XLM/USD [WBTC.b-USDC]	0.2121	L +0.0517% / S −0.0247%	get 0.0031% / 1h	0m 34s	$39K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee GMXbpOrdersPrice spread, now −0.267%Rate

Funding earned: $4.64
Price spread: −0.267% → 0.000%: −$26.66
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$41.02
Costs to cover: 0.190%
Break-even: 68.8 days

Slippage unknown: Phoenix: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—

Phoenix and GMX: 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	0.2121	−0.255%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	−0.089%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2125	−0.099%	$373K	$969K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2123	−0.165%	$564K	$624K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2123	−0.193%	$54.4M	$158.7M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2121	−0.277%	$42.9M	$46.3M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2121	−0.287%	$12.5M	$43.2M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2122	−0.244%	$4.1M	$7.1M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2122	−0.235%	$25.3M	$27.9M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2122	−0.221%	$13.9M	$9.5M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2121	−0.259%	$25.6M	$22.2M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2122	−0.221%	—	$6.7M	—	as long as short
Variational Omni XLM	+0.0100%	8h	0.2121	−0.271%	$253K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2122	−0.226%	$12K	$307K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2125	−0.091%	$595K	$618K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2122	−0.244%	$170K	$265K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2123	−0.183%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2121	−0.287%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2122	−0.221%	$578	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2121	−0.292%	$195K	$250K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2123	−0.188%	$8.9M	$9.0M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2122	−0.227%	$190K	$1.8M	10x	as long as short
Hyperliquid XLM	+0.0179%	1h	0.2124	−0.160%	$12.2M	$6.4M	5x	as long as short
Kraken Futures PF_XLMUSD	+0.0186%	1h	0.2123	−0.205%	$2.6M	$2.7M	50x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2123	−0.174%	$2.3M	$5.5M	75x	as long as short
Phoenix XLMlong	+0.0225%	1h	0.2127	long leg	$5K	$46K	5x
dYdX XLM-USD	+0.0362%	1h	0.2121	−0.294%	$23K	$2K	10x	as long as short
Backpack XLM_USDC_PERP	+0.0362%	1h	0.2123	−0.183%	$127K	$294K	20x	as long as short
Coinbase International XLM-PERP-INTX	+0.0464%	1h	0.2124	−0.113%	$239K	$1.6M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]short	L +0.0517% / S −0.0247%	1h	0.2121	−0.267%	$39K	—	100x
Deribit XLM_USDC-PERPETUAL	+0.0975%	1h	0.2124	−0.127%	$527K	$162K	25x	as long as short