Funding you earn now, next payment 06:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.020%
Price spread now: Phoenix against BingX+0.208%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 +$5 a day on $10k at the current rate, and Phoenix is 0.208% dearer against BingX than usual: you sell high and buy low: +$21 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 | BingX XLM-USDC | 0.2116 | 0.0100 | pay 0.0100% / 8h | 1h 47m | — | $6.7M | — |
| Short | Phoenix XLM | 0.2120 | 0.0263 | get 0.0033% / 1h | 47m 07s | $4K | $50K | 5x |
BingX XLM-USDC
Phoenix XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $34.33
- Price spread: +0.208% → 0.000%
- $20.79
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $38.13
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 5 min ago; Phoenix: 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 BingX live order book, 5 min ago | 0.95 bp | 25.3 bp −$25 | 98.6 bp −$986 | 870.0 bp −$87.0K | 1160.7 bp −$580.4K |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2115 | −0.021% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.430% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | +0.147% | $355K | $930K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2118 | +0.108% | $561K | $633K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2115 | −0.033% | $54.2M | $163.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2114 | −0.090% | $42.8M | $47.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | −0.066% | $12.2M | $44.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.009% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | +0.038% | $25.1M | $28.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2116 | −0.014% | $14.0M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
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 | 0.2114 | −0.076% | $25.4M | $23.0M | 75x | as long as short |
| BingX XLM-USDClong | +0.0100% | 8h | 0.2116 | long leg | — | $6.7M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2115 | −0.035% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2120 | +0.180% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2119 | +0.152% | $587K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | +0.095% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | +0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.099% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2117 | +0.038% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2120 | +0.175% | $195K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2117 | +0.038% | $8.8M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2116 | +0.010% | $189K | $1.7M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0183% | 1h | 0.2116 | +0.024% | $129K | $329K | 20x | as long as short |
| Hyperliquid XLM | +0.0205% | 1h | 0.2117 | +0.057% | $12.1M | $6.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0217% | 1h | 0.2117 | +0.048% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2118 | +0.085% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLMshort | +0.0263% | 1h | 0.2120 | +0.208% | $4K | $50K | 5x | |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2117 | +0.060% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2122 | +0.279% | $219K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2115 | −0.036% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0885% | 1h | 0.2118 | +0.090% | $525K | $168K | 25x | as long as short |
Bitget XLMUSDT
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
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL