Funding you earn now, next payment 23:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.050%
Price spread now: Variational Omni against GMX−0.861%50s7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.861% cheaper against GMX than usual: you would sell low and buy high (−$86 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XLM/USD [WBTC.b-USDC] | 0.2183 | L +0.0344% / S −0.0195% | pay 0.0043% / 1h | 45m 32s | $49K | — | 100x |
| Short | Variational Omni XLM | 0.2164 | 0.0100 | get 0.0100% / 8h | 1h 45m | $246K | $1.1M | — |
GMX XLM/USD [WBTC.b-USDC]
Variational Omni XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$51.22
- Price spread: −0.861% → 0.000%
- −$86.13
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$149.35
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 6.90 bp | doesn't fit | 16.1 bp −$161 | 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 | 0.2184 | +0.024% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0016% | 1h | 0.2187 | +0.193% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2193 | +0.434% | $596K | $800K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2193 | +0.439% | $57.2M | $148.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2192 | +0.407% | $44.7M | $42.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2191 | +0.375% | $13.3M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2189 | +0.288% | $4.0M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2191 | +0.343% | $26.0M | $25.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2191 | +0.352% | $14.7M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2193 | +0.462% | $26.3M | $18.7M | 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 XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2191 | +0.366% | — | $6.7M | — | as long as short |
| Variational Omni XLMshort | +0.0100% | 8h | 0.2164 | −0.861% | $246K | $1.1M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2180 | −0.120% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2183 | −0.026% | $609K | $622K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2185 | +0.086% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2182 | −0.047% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2185 | +0.063% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2181 | −0.097% | $201K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2184 | +0.040% | $9.2M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2191 | +0.359% | $196K | $1.6M | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0138% | 1h | 0.2180 | −0.157% | $175K | $256K | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2181 | −0.115% | $2.4M | $6.3M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2173 | −0.477% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0340% | 1h | 0.2185 | +0.077% | $104K | $253K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]long | L +0.0344% / S −0.0195% | 1h | 0.2183 | long leg | $49K | — | 100x | |
| Hyperliquid XLM | +0.0368% | 1h | 0.2190 | +0.306% | $12.4M | $6.0M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2185 | +0.077% | $232K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2156 | −1.242% | $116 | $185K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0500% | 1h | 0.2185 | +0.086% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0574% | 1h | 0.2186 | +0.123% | $542K | $174K | 25x | as long as short |
| Lighter XLM | +0.0664% | 1h | 0.2193 | +0.448% | $431K | $805K | 5x | as long as short |
BingX XLM-USDC
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
ApeX Omni XLMUSDT
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM