Funding you earn now, next payment 01:00 UTC+0.0529%/8h= +57.9% APRnext payment +$0.66 per $10,000 · paid last 24h +0.147%
Price spread now: Deribit against SoDEX+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Deribit is 0.074% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XLM-USD | 0.2162 | 0.0100 | pay 0.0013% / 1h | 31m 26s | $2K | $6K | 5x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2164 | 0.0629 | get 0.0079% / 1h | 31m 26s | $537K | $151K | 25x |
SoDEX XLM-USD
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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
- $111.09
- Price spread: +0.074% → 0.000%
- $7.4
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $103.49
- Costs to cover
- 0.150%
- Break-even
- 0.5 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 42 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 42 min ago | 2.56 bp | 6.1 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.231% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2164 | +0.072% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0035% | 1h | 0.2163 | +0.026% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2167 | +0.217% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2165 | +0.139% | $55.9M | $151.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | +0.079% | $44.1M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2164 | +0.111% | $13.2M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2164 | +0.083% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2165 | +0.139% | $25.0M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2165 | +0.130% | $14.4M | $10.2M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2165 | +0.116% | $25.8M | $19.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2164 | +0.097% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2164 | +0.102% | $89K | $269K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | +0.193% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2164 | +0.113% | $12K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2164 | +0.074% | $610K | $619K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +0.204% | $174K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2164 | +0.093% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2160 | −0.093% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USDlong | +0.0100% | 1h | 0.2162 | long leg | $2K | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2160 | −0.106% | $199K | $256K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2163 | +0.032% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2164 | +0.101% | $194K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0133% | 8h | 0.2166 | +0.204% | $581K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2162 | +0.022% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2165 | +0.120% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2163 | +0.042% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2163 | +0.046% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2167 | +0.250% | $229K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0525% | 1h | 0.2167 | +0.222% | $12.5M | $6.3M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0629% | 1h | 0.2164 | +0.074% | $537K | $151K | 25x |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Hyperliquid XLM