Funding you earn now, next payment 22:00 UTC−0.0279%/8h= −30.6% APRpaid last 24h −0.037%
Price spread now: Orderly against Hyperliquid−0.319%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Orderly is 0.319% cheaper against Hyperliquid than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2164 | 0.0379 | pay 0.0047% / 1h | 3m 49s | $12.2M | $5.9M | 5x |
| Short | Orderly PERP_XLM_USDC_mythos | 0.2157 | 0.0100 | get 0.0050% / 4h | 2h 03m | $3K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$58.68
- Price spread: −0.319% → 0.000%
- −$31.89
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$105.56
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Orderly: no order-book sample. 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 Hyperliquid live order book, 9 min ago | 0.93 bp | 5.4 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.2156 | −0.376% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0007% | 1h | 0.2160 | −0.188% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2160 | −0.173% | $590K | $798K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2162 | −0.083% | $56.2M | $146.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2161 | −0.139% | $43.8M | $42.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2160 | −0.166% | $13.1M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2160 | −0.199% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2162 | −0.102% | $25.7M | $25.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2160 | −0.157% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2161 | −0.143% | $25.9M | $18.4M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2160 | −0.162% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2158 | −0.268% | $94K | $230K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2156 | −0.346% | $239K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2169 | +0.247% | $12K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2164 | −0.018% | $601K | $610K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2159 | −0.222% | $173K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythosshort | +0.0100% | 4h | 0.2157 | −0.319% | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2153 | −0.494% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2157 | −0.296% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2157 | −0.333% | $199K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2158 | −0.259% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2160 | −0.199% | $193K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2168 | +0.213% | $5K | $43K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2156 | −0.351% | $2.3M | $6.2M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2156 | −0.365% | $116 | $185K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0314% / S −0.0166% | 1h | 0.2156 | −0.384% | $45K | — | 100x | as long as short |
| Hyperliquid XLMlong | +0.0379% | 1h | 0.2164 | long leg | $12.2M | $5.9M | 5x | |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2170 | +0.300% | $231K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0547% | 1h | 0.2158 | −0.280% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0631% | 1h | 0.2158 | −0.254% | $536K | $170K | 25x | as long as short |
| Lighter XLM | +0.0824% | 1h | 0.2166 | +0.079% | $425K | $804K | 5x | as long as short |
Hyperliquid XLM
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Injective XLM/USDC PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM