Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Phemex against gTrade (Gains Network)+0.058%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 +$3 a day on $10k at the current rate, and Phemex is 0.058% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 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 | 0.2164 | L 0.0000% / S +0.0002% | pay 0.0000% / 1h | 22m 00s | $4K | — | 150x |
| Short | Phemex XLMUSDT | 0.2165 | 0.0100 | get 0.0100% / 8h | 7h 22m | $9.1M | $9.0M | 50x |
gTrade (Gains Network) XLM/USD
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $20.92
- Price spread: +0.058% → 0.000%
- $5.82
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $4.75
- Costs to cover
- 0.220%
- Break-even
- 5.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Phemex: live order book, 2 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 Phemex live order book, 2 min ago | 3.46 bp | 10.3 bp −$10 | 17.2 bp −$172 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.302% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USDlong | L 0.0000% / S +0.0002% | 1h | 0.2164 | long leg | $4K | — | 150x | |
| dYdX XLM-USD | +0.0039% | 1h | 0.2165 | +0.077% | $24K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2167 | +0.165% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2164 | +0.007% | $55.9M | $150.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2163 | −0.025% | $44.1M | $44.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2162 | −0.071% | $13.2M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2164 | +0.017% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2165 | +0.044% | $25.2M | $26.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | +0.012% | $14.4M | $10.2M | 75x | as long as short |
Injective XLM/USDC PERP
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 | 0.2164 | +0.031% | $25.8M | $19.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2164 | +0.040% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2164 | +0.031% | $89K | $261K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | +0.120% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2168 | +0.215% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2168 | +0.223% | $611K | $590K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | +0.035% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2164 | +0.021% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2162 | −0.076% | $1K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2164 | +0.012% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2166 | +0.109% | $200K | $257K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2165 | +0.058% | $9.1M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2164 | +0.026% | $194K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0144% | 8h | 0.2166 | +0.132% | $581K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2165 | +0.068% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | +0.165% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2165 | +0.058% | $5K | $42K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2168 | +0.211% | $233K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0533% | 1h | 0.2167 | +0.141% | $12.5M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0601% / S −0.1143% | 1h | 0.2163 | −0.006% | $174K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0721% | 1h | 0.2166 | +0.109% | $538K | $150K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL