Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.057%
Price spread now: Bitget against Hyperliquid−0.079%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.079%, 7d avg −0.066%
=Together, before fees+0.005%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2147 | 0.0197 | pay 0.0025% / 1h | 54m 37s | $12.4M | $6.3M | 5x |
| Short | Bitget XLMUSDT | 0.2145 | 0.0100 | get 0.0100% / 8h | 3h 54m | $25.9M | $21.7M | 75x |
Hyperliquid XLM
Bitget XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hyperliquid. 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
- −$20.47
- Price spread: −0.079% → −0.066%
- −$1.35
- Slippage, 4 orders
- −$11.17
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$53.99
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Bitget: live order book, 4 min ago.
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 Hyperliquid live order book, 8 min ago | 0.23 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.47 bp | 8.5 bp −$9 | 19.6 bp −$196 | 43.5 bp −$4,346 | doesn't fit |
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 | 0.2140 | −0.305% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −1.025% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0036% | 1h | 0.2146 | −0.060% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2149 | +0.079% | $372K | $960K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2144 | −0.130% | $570K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2147 | +0.005% | $55.0M | $156.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2146 | −0.056% | $43.4M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2146 | −0.065% | $12.6M | $42.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2146 | −0.051% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2146 | −0.051% | $23.8M | $26.8M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2145 | −0.079% | $14.2M | $9.5M | 75x | as long as short |
| Bitget XLMUSDTshort | +0.0100% | 8h | 0.2145 | −0.079% | $25.9M | $21.7M | 75x | |
| BingX XLM-USDT | +0.0100% | 8h | 0.2145 | −0.093% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2137 | −0.460% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2136 | −0.490% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2136 | −0.521% | $591K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2137 | −0.480% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2141 | −0.279% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2139 | −0.354% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2144 | −0.135% | $584 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2140 | −0.321% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2145 | −0.093% | $9.1M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2145 | −0.110% | $191K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2144 | −0.118% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLMlong | +0.0197% | 1h | 0.2147 | long leg | $12.4M | $6.3M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2142 | −0.214% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2137 | −0.456% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2147 | −0.023% | $240K | $1.5M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0489% | 1h | 0.2146 | −0.042% | $126K | $290K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2140 | −0.338% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1011% | 1h | 0.2143 | −0.177% | $532K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
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
Extended XLM-USD
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL