Funding you earn now, next payment 22:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h −0.025%
Price spread now: GRVT against Phoenix−0.231%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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.231% cheaper against Phoenix than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XLM | 0.2175 | 0.0221 | pay 0.0028% / 1h | 33m 06s | $5K | $41K | 5x |
| Short | GRVT XLM_USDT_Perp | 0.2170 | 0.0100 | get 0.0100% / 8h | 1h 33m | $601K | $617K | 10x |
Phoenix XLM
GRVT XLM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$25.47
- Price spread: −0.231% → 0.000%
- −$23.06
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$64.53
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; GRVT: live order book, 50 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 GRVT live order book, 50 min ago | 1.63 bp | 9.4 bp −$9 | 29.2 bp −$292 | 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 | 0.2166 | −0.408% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0011% | 1h | 0.2168 | −0.303% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2165 | −0.424% | $589K | $801K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2164 | −0.483% | $56.3M | $150.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | −0.506% | $43.9M | $43.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2163 | −0.547% | $13.1M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2166 | −0.400% | $4.1M | $6.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2166 | −0.400% | $26.1M | $26.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2166 | −0.400% | $14.6M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2165 | −0.432% | $25.8M | $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 | 0.2165 | −0.432% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2176 | +0.071% | $299K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2174 | −0.054% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perpshort | +0.0100% | 8h | 0.2170 | −0.231% | $601K | $617K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2174 | −0.014% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2166 | −0.400% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2164 | −0.478% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2166 | −0.400% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2168 | −0.326% | $200K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2167 | −0.368% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2163 | −0.543% | $194K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | −0.340% | $2.4M | $6.0M | 75x | as long as short |
| Phoenix XLMlong | +0.0221% | 1h | 0.2175 | long leg | $5K | $41K | 5x | |
| Backpack XLM_USDC_PERP | +0.0254% | 1h | 0.2166 | −0.418% | $102K | $261K | 20x | as long as short |
| Hyperliquid XLM | +0.0300% | 1h | 0.2167 | −0.331% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2166 | −0.405% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2168 | −0.303% | $233K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2041 | −6.148% | $5K | $238K | 12x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0489% | 1h | 0.2167 | −0.331% | $538K | $176K | 25x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0504% | 1h | 0.2167 | −0.375% | $2.6M | $2.7M | 50x | as long as short |
| Lighter XLM | +0.0520% | 1h | 0.2170 | −0.216% | $420K | $812K | 5x | as long as short |
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Backpack XLM_USDC_PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Deribit XLM_USDC-PERPETUAL
Kraken Futures PF_XLMUSD
Lighter XLM