Funding you earn now, next payment 00:00 UTC−0.5104%/8h= −558.9% APRnext payment −$6.38 per $10,000 · paid last 24h −0.006%
Price spread now: Injective against Extended−6.096%100s7-day average −0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 3 days (all we have)+5.928%+$593 · spread now −6.096%, 7d avg −0.061%
=Together, before fees+5.800%+ Points / potential airdropExtended: Active · farm board+$580 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$153 a day on $10k at the current rate, and Injective is 6.036% cheaper against Extended than usual: you would sell low and buy high (−$604 if the spread goes back to its 7-day average of −0.061%). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XLM-USD | 0.2172 | 0.0104 | pay 0.0013% / 1h | 45m 40s | $194K | $1.6M | 10x |
| Short | Injective XLM/USDC PERP | 0.2040 | −0.5000 | pay 0.0625% / 1h | 45m 40s | $5K | $238K | 12x |
Extended XLM-USD
Injective XLM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$1,071.84
- Price spread: −6.096% → −0.061%
- −$603.56
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,680.42
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 3 min ago; 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 Extended live order book, 3 min ago | 3.69 bp | 6.5 bp −$6 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 PERPshort | −0.5000% | 1h | 0.2040 | −6.096% | $5K | $238K | 12x | |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2177 | +0.192% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0011% | 1h | 0.2173 | +0.013% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2173 | +0.027% | $583K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2174 | +0.069% | $56.2M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2173 | +0.026% | $44.2M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2172 | −0.016% | $13.2M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2173 | +0.030% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2174 | +0.053% | $25.8M | $26.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2173 | +0.044% | $14.6M | $10.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
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 | 0.2172 | −0.011% | $25.8M | $19.2M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2172 | −0.006% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2175 | +0.128% | $258K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2170 | −0.098% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2171 | −0.085% | $601K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2175 | +0.118% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2177 | +0.210% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2173 | +0.030% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2176 | +0.150% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2177 | +0.192% | $201K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2175 | +0.118% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USDlong | +0.0104% | 1h | 0.2172 | long leg | $194K | $1.6M | 10x | |
| Backpack XLM_USDC_PERP | +0.0112% | 1h | 0.2176 | +0.159% | $98K | $265K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2169 | −0.140% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2169 | −0.145% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2176 | +0.160% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0410% | 1h | 0.2176 | +0.155% | $2.7M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2169 | −0.140% | $233K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0555% | 1h | 0.2175 | +0.136% | $12.4M | $6.1M | 5x | as long as short |
| Lighter XLM | +0.0616% | 1h | 0.2177 | +0.228% | $421K | $809K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0853% | 1h | 0.2179 | +0.284% | $541K | $160K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Lighter XLM
Deribit XLM_USDC-PERPETUAL