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 BingX+0.019%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.019%, 7d avg +0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XLM-USDT | 0.2140 | 0.0100 | pay 0.0100% / 8h | 7h 01m | — | $7.1M | — |
| Short | Phemex XLMUSDT | 0.2141 | 0.0100 | get 0.0100% / 8h | 7h 01m | $9.0M | $9.0M | 50x |
BingX XLM-USDT
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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: +0.019% → +0.018%
- $0.07
- Slippage, 4 orders
- −$16.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$38.09
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Phemex: live order book, 3 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 BingX live order book, 6 min ago | 0.23 bp | 7.5 bp −$8 | 9.9 bp −$99 | 20.2 bp −$2,021 | 131.6 bp −$65.8K |
| Sell Phemex live order book, 3 min ago | 3.02 bp | 13.9 bp −$14 | 20.9 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | +0.771% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2142 | +0.047% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0063% | 1h | 0.2146 | +0.239% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2143 | +0.107% | $393K | $840K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2141 | +0.014% | $55.1M | $151.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2139 | −0.079% | $44.0M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2138 | −0.121% | $12.9M | $40.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2141 | +0.009% | $4.0M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2141 | +0.014% | $24.8M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2140 | −0.047% | $14.2M | $10.0M | 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 | 0.2140 | 0.000% | $25.5M | $19.7M | 75x | as long as short |
| BingX XLM-USDTlong | +0.0100% | 8h | 0.2140 | long leg | — | $7.1M | — | |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2140 | −0.033% | $88K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2144 | +0.169% | $281K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2152 | +0.530% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2161 | +0.974% | $609K | $578K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2151 | +0.477% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2140 | −0.023% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.121% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | −0.005% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2141 | +0.042% | $197K | $257K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2141 | +0.019% | $9.0M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2140 | −0.017% | $191K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0148% | 8h | 0.2141 | +0.037% | $574K | $619K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2140 | −0.010% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2143 | +0.103% | $2.3M | $5.2M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2163 | +1.032% | $5K | $42K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0358% | 1h | 0.2141 | +0.014% | $531K | $150K | 25x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2143 | +0.103% | $232K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0526% | 1h | 0.2144 | +0.140% | $12.4M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0620% / S −0.1281% | 1h | 0.2143 | +0.132% | $173K | — | 100x | as long as short |
Bitget XLMUSDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Deribit XLM_USDC-PERPETUAL
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]