Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX+0.108%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1481.482% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.108%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.136% dearer against SunX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XLM-USDT | 0.2137 | 0.0100 | pay 0.0100% / 8h | 3h 53m | $2K | $1.6M | 20x |
| Short | Phemex XLMUSDT | 0.2140 | 0.0100 | get 0.0100% / 8h | 3h 53m | $9.0M | $8.9M | 50x |
SunX XLM-USDT
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SunX. 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
- $0
- Price spread: +0.108% → −0.029%
- $13.64
- Slippage, 4 orders
- −$128.19
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$134.55
- Costs to cover
- 1.482%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; Phemex: live order book, 5 min ago.
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 SunX live order book, 11 min ago | 29.34 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 4.68 bp | 11.7 bp −$12 | 18.0 bp −$180 | doesn't fit | doesn't fit |
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 | 0.2139 | +0.106% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.571% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0036% | 1h | 0.2146 | +0.398% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | +0.182% | $370K | $960K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2140 | +0.145% | $569K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2143 | +0.279% | $54.9M | $156.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2142 | +0.225% | $43.3M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2142 | +0.229% | $12.6M | $42.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2139 | +0.094% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2143 | +0.267% | $23.7M | $26.8M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2142 | +0.248% | $14.2M | $9.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2143 | +0.262% | $25.9M | $21.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2142 | +0.248% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2137 | −0.003% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2136 | −0.033% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2136 | −0.065% | $591K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2137 | −0.023% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2139 | +0.084% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2137 | long leg | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | +0.108% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2146 | +0.412% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2140 | +0.108% | $9.0M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2142 | +0.225% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0184% | 1h | 0.2142 | +0.215% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2139 | +0.098% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2142 | +0.243% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2137 | 0.000% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2148 | +0.505% | $240K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2139 | +0.091% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0561% | 1h | 0.2140 | +0.126% | $126K | $290K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0779% | 1h | 0.2141 | +0.168% | $531K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL