Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.181%
Price spread now: Injective against SoDEX+1.456%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. Injective is 1.456% dearer against SoDEX than usual: you sell high and buy low (spread +1.456% now, against zero (this spread has no 7-day history yet)): +$146 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XLM-USD | 0.2094 | 0.0100 | pay 0.0013% / 1h | 48m 30s | $571 | $6K | 5x |
| Short | Injective XLM/USDC PERP | 0.2125 | 0.0033 | get 0.0004% / 1h | 48m 30s | $683 | $241K | 12x |
SoDEX XLM-USD
Injective XLM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.456% → 0.000%
- $145.62
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $123.6
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Injective: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
SoDEX and Injective: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit XLM_USDC-PERPETUAL | −0.0850% | 1h | 0.2089 | −0.263% | $518K | $104K | 25x | as long as short |
| Backpack XLM_USDC_PERP | −0.0172% | 1h | 0.2093 | −0.062% | $118K | $299K | 20x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2087 | −0.341% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPshort | +0.0033% | 1h | 0.2125 | +1.456% | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2100 | +0.286% | $352K | $736K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2098 | +0.149% | $556K | $357K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2096 | +0.076% | $54.2M | $140.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2095 | +0.005% | $43.2M | $40.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2094 | −0.005% | $12.2M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2097 | +0.134% | $3.9M | $6.3M | 75x | as long as short |
Deribit XLM_USDC-PERPETUAL
Backpack XLM_USDC_PERP
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XLM_USDT | +0.0100% | 8h | 0.2098 | +0.186% | $23.7M | $27.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2098 | +0.167% | $13.9M | $8.4M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2095 | +0.019% | $25.7M | $21.1M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2097 | +0.115% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2092 | −0.122% | $250K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2092 | −0.112% | $11K | $310K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2094 | 0.000% | $579K | $501K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2092 | −0.095% | $168K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2089 | −0.263% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2092 | −0.105% | $2K | $1.3M | 20x | as long as short |
| SoDEX XLM-USDlong | +0.0100% | 1h | 0.2094 | long leg | $571 | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2090 | −0.215% | $188K | $238K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2093 | −0.072% | $8.5M | $8.3M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2096 | +0.073% | $189K | $606K | 10x | as long as short |
| Phoenix XLM | +0.0152% | 1h | 0.2092 | −0.095% | $4K | $45K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0214% | 1h | 0.2092 | −0.133% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2093 | −0.091% | $2.3M | $5.1M | 75x | as long as short |
| Hyperliquid XLM | +0.0249% | 1h | 0.2098 | +0.153% | $12.1M | $5.5M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0368% | 1h | 0.2096 | +0.057% | $204K | $1.3M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0509% / S −0.0245% | 1h | 0.2090 | −0.216% | $39K | — | 100x | as long as short |
| dYdX XLM-USD | +0.0622% | 1h | 0.2096 | +0.093% | $26K | $5K | 10x | as long as short |
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
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
Phoenix XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
dYdX XLM-USD