Funding you earn now, next payment 09:00 UTC+0.0526%/8h= +57.6% APRnext payment +$0.66 per $10,000 · paid last 24h +0.080%
Price spread now: Deribit against GMX+0.146%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$16 a day on $10k at the current rate, and Deribit is 0.146% dearer against GMX than usual: you sell high and buy low: +$15 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 | GMX XLM/USD [WBTC.b-USDC] | 0.2127 | L +0.0493% / S −0.0229% | pay 0.0062% / 1h | 20m 58s | $38K | — | 100x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2130 | 0.1019 | get 0.0127% / 1h | 20m 58s | $528K | $135K | 25x |
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against GMX. 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
- $110.47
- Price spread: +0.146% → 0.000%
- $14.62
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $106.1
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 13 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 GMX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 13 min ago | 4.26 bp | 7.8 bp −$8 | 14.5 bp −$145 | doesn't fit | doesn't fit |
GMX: 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 | 0.2124 | −0.142% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.075% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2130 | +0.165% | $367K | $929K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2126 | −0.023% | $563K | $583K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2127 | +0.010% | $55.2M | $159.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2126 | −0.032% | $44.0M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2125 | −0.051% | $12.2M | $45.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2127 | +0.038% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2128 | +0.085% | $24.0M | $29.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2128 | +0.066% | $14.0M | $9.0M | 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 | 0.2126 | −0.047% | $25.7M | $23.1M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2127 | +0.038% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2129 | +0.090% | $130K | $342K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2099 | −1.293% | $251K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | −0.377% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | −0.234% | $590K | $558K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2120 | −0.329% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2128 | +0.066% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.178% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2128 | +0.062% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.098% | $196K | $202K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2127 | +0.029% | $8.7M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | +0.035% | $189K | $810K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | +0.095% | $2.4M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2125 | −0.056% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2126 | −0.014% | $212K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0339% | 1h | 0.2128 | +0.074% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]long | L +0.0493% / S −0.0229% | 1h | 0.2127 | long leg | $38K | — | 100x | |
| Hyperliquid XLM | +0.0507% | 1h | 0.2130 | +0.160% | $12.2M | $6.3M | 5x | as long as short |
| dYdX XLM-USD | +0.0939% | 1h | 0.2124 | −0.137% | $27K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.1019% | 1h | 0.2130 | +0.146% | $528K | $135K | 25x |
Bitget XLMUSDT
BingX XLM-USDC
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
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD