Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: MEXC against Injective+0.475%100s7-day average +0.154% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 4 days (all we have)−0.295%−$29 · spread now +0.475%, 7d avg +0.154%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.321% dearer against Injective than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.154%. The two prices were read 100 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 | Injective XLM/USDC PERP | 0.2125 | 0.0033 | pay 0.0004% / 1h | 17m 32s | $683 | $241K | 12x |
| Short | MEXC XLM_USDT | 0.2135 | 0.0100 | get 0.0100% / 8h | 3h 17m | $25.0M | $27.6M | 300x |
Injective XLM/USDC PERP
MEXC XLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: +0.475% → +0.154%
- $32.12
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $46.1
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.47 bp | 2.0 bp −$2 | 4.3 bp −$43 | 28.9 bp −$2,894 | 112.2 bp −$56.1K |
Injective: 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 | 0.2133 | +0.356% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPlong | +0.0033% | 1h | 0.2125 | long leg | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2138 | +0.602% | $375K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2136 | +0.508% | $568K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2135 | +0.480% | $54.9M | $157.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2134 | +0.433% | $43.2M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2134 | +0.438% | $12.5M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2135 | +0.480% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDTshort | +0.0100% | 8h | 0.2135 | +0.475% | $25.0M | $27.6M | 300x | |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2135 | +0.489% | $14.0M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate 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 | 0.2135 | +0.466% | $25.8M | $22.0M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2135 | +0.466% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2133 | +0.382% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2134 | +0.422% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2134 | +0.404% | $598K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2133 | +0.372% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | +0.376% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.325% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2134 | +0.442% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.348% | $197K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2135 | +0.461% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | +0.452% | $192K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2135 | +0.467% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0186% | 1h | 0.2138 | +0.595% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.409% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2129 | +0.193% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0304% | 1h | 0.2135 | +0.453% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0455% | 1h | 0.2135 | +0.485% | $128K | $291K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2133 | +0.395% | $246K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2133 | +0.377% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0875% | 1h | 0.2136 | +0.536% | $530K | $157K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL