Funding you earn now, next payment 23:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Backpack−0.031%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.031%, 7d avg −0.037%
=Together, before fees+0.035%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2165 | 0.0169 | pay 0.0021% / 1h | 14m 05s | $102K | $260K | 20x |
| Short | Extended XLM-USD | 0.2164 | 0.0104 | get 0.0013% / 1h | 14m 05s | $194K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Backpack. 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
- −$13.69
- Price spread: −0.031% → −0.037%
- $0.64
- Slippage, 4 orders
- −$14.85
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$42.9
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 4 min ago; Extended: live order book, 4 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 Backpack live order book, 4 min ago | 0.92 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.77 bp | 5.3 bp −$5 | 15.2 bp −$152 | 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 | 0.2163 | −0.084% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0021% | 1h | 0.2164 | −0.041% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2166 | +0.035% | $587K | $805K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2165 | −0.007% | $56.2M | $150.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2165 | −0.023% | $44.0M | $43.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2164 | −0.065% | $13.1M | $42.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2163 | −0.069% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2165 | +0.018% | $26.3M | $26.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | −0.028% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2164 | −0.042% | $25.8M | $19.1M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2165 | −0.005% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | +0.057% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2163 | −0.087% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2166 | +0.027% | $600K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2163 | −0.111% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2164 | −0.046% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2162 | −0.157% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2163 | −0.069% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2164 | −0.042% | $200K | $263K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2164 | −0.060% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2164 | −0.031% | $194K | $1.6M | 10x | |
| Backpack XLM_USDC_PERPlong | +0.0169% | 1h | 0.2165 | long leg | $102K | $260K | 20x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2165 | +0.009% | $2.3M | $5.7M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2168 | +0.129% | $5K | $41K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2163 | −0.092% | $45K | — | 100x | as long as short |
| Lighter XLM | +0.0344% | 1h | 0.2168 | +0.120% | $419K | $813K | 5x | as long as short |
| Hyperliquid XLM | +0.0397% | 1h | 0.2168 | +0.143% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2167 | +0.074% | $234K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2036 | −5.958% | $5K | $238K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0505% | 1h | 0.2164 | −0.033% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0767% | 1h | 0.2165 | +0.014% | $537K | $175K | 25x | as long as short |
Backpack XLM_USDC_PERP
Extended XLM-USD
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Lighter XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL