Funding you earn now, next payment 05:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.018%
Price spread now: Phoenix against OKX+0.014%76s7-day average — · you sell dearer than you buy
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—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 76 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 | OKX XLM-USDT-SWAP | 0.2119 | 0.0100 | pay 0.0100% / 8h | 2h 48m | $12.5M | $43.4M | 50x |
| Short | Phoenix XLM | 0.2120 | 0.0226 | get 0.0028% / 1h | 48m 12s | $4K | $49K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against OKX. 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
- $26.46
- Price spread: +0.014% → 0.000%
- $1.42
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $10.88
- Costs to cover
- 0.170%
- Break-even
- 4.1 days
Slippage unknown: OKX: live order book, 5 min ago; Phoenix: 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 OKX live order book, 5 min ago | 0.24 bp | 11.4 bp −$11 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | 0.2119 | +0.004% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.264% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | +0.142% | $373K | $959K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | +0.017% | $563K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2121 | +0.066% | $54.2M | $159.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2119 | −0.019% | $43.0M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAPlong | +0.0100% | 8h | 0.2119 | long leg | $12.5M | $43.4M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | 0.000% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | +0.071% | $25.0M | $27.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2120 | +0.024% | $13.9M | $9.4M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2120 | +0.028% | $25.5M | $22.5M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2120 | +0.014% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2118 | −0.052% | $125K | $295K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | −0.013% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2118 | −0.068% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2121 | +0.099% | $594K | $608K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2121 | +0.080% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2121 | +0.075% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.042% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | +0.033% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.066% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2121 | +0.061% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | +0.018% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0143% | 1h | 0.2121 | +0.065% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0168% | 1h | 0.2122 | +0.132% | $12.2M | $6.4M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2119 | +0.005% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLMshort | +0.0226% | 1h | 0.2120 | +0.014% | $4K | $49K | 5x | |
| dYdX XLM-USD | +0.0248% | 1h | 0.2118 | −0.084% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2120 | +0.047% | $228K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2120 | +0.015% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0882% | 1h | 0.2123 | +0.151% | $526K | $162K | 25x | as long as short |
OKX XLM-USDT-SWAP
Phoenix XLM
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
BloFin XLM-USDT
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL