Funding you earn now, next payment 05:00 UTC+0.0700%/8h= +76.6% APRnext payment +$0.87 per $10,000 · paid last 24h +0.031%
Price spread now: Backpack against gTrade (Gains Network)+0.076%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$21 a day on $10k at the current rate, and Backpack is 0.076% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 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 | gTrade (Gains Network) XLM/USD | 0.2144 | L 0.0000% / S +0.0002% | pay 0.0000% / 1h | 47m 48s | $4K | — | 150x |
| Short | Backpack XLM_USDC_PERP | 0.2146 | 0.0700 | get 0.0088% / 1h | 47m 48s | $128K | $293K | 20x |
gTrade (Gains Network) XLM/USD
Backpack XLM_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $146.98
- Price spread: +0.076% → 0.000%
- $7.65
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $134.63
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 6 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 6 min ago | 0.23 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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/USDlong | L 0.0000% / S +0.0002% | 1h | 0.2144 | long leg | $4K | — | 150x | |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.907% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2148 | +0.165% | $377K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2145 | +0.028% | $570K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2145 | +0.002% | $55.0M | $156.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2143 | −0.049% | $43.4M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2144 | −0.007% | $12.6M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2145 | +0.011% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2145 | +0.039% | $24.0M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2146 | +0.058% | $14.1M | $9.5M | 75x | as long as short |
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 | 0.2144 | −0.021% | $26.0M | $21.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2144 | −0.017% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2146 | +0.078% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | +0.082% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.128% | $594K | $605K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2146 | +0.072% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2145 | +0.002% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2145 | +0.021% | $584 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2148 | +0.156% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2145 | +0.035% | $9.1M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2145 | +0.009% | $191K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0153% | 1h | 0.2148 | +0.157% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2146 | +0.063% | $2.6M | $2.7M | 50x | as long as short |
| ApeX Omni XLMUSDT | +0.0194% | 1h | 0.2148 | +0.146% | $172K | $258K | 50x | as long as short |
| Hyperliquid XLM | +0.0212% | 1h | 0.2146 | +0.073% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2143 | −0.087% | $2.3M | $5.3M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2141 | −0.157% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2148 | +0.174% | $249K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2144 | −0.038% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERPshort | +0.0700% | 1h | 0.2146 | +0.076% | $128K | $293K | 20x | |
| Deribit XLM_USDC-PERPETUAL | +0.1009% | 1h | 0.2147 | +0.137% | $533K | $154K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
Kraken Futures PF_XLMUSD
ApeX Omni XLMUSDT
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL