Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Phemex−0.028%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.028%, 7d avg −0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2120 | 0.0100 | pay 0.0100% / 8h | 5m 11s | $8.7M | $8.9M | 50x |
| Short | BingX XLM-USDC | 0.2119 | 0.0100 | get 0.0100% / 8h | 5m 11s | — | $6.7M | — |
Phemex XLMUSDT
BingX XLM-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phemex. 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
- $0
- Price spread: −0.028% → −0.016%
- −$1.21
- Slippage, 4 orders
- −$38.33
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.53
- Costs to cover
- 0.603%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; BingX: live order book, 2 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 Phemex live order book, 4 min ago | 5.19 bp | 13.3 bp −$13 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.18 bp | 18.0 bp −$18 | 95.9 bp −$959 | 1121.9 bp −$112.2K | 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 | 0.2119 | −0.055% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.241% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | +0.099% | $366K | $944K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | +0.012% | $562K | $585K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2120 | −0.005% | $54.9M | $159.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2119 | −0.042% | $43.3M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | −0.014% | $12.1M | $44.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | −0.047% | $3.9M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2120 | +0.005% | $24.5M | $29.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | −0.024% | $14.0M | $9.2M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC 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 | 0.2119 | −0.042% | $25.6M | $22.8M | 75x | as long as short |
| BingX XLM-USDCshort | +0.0100% | 8h | 0.2119 | −0.028% | — | $6.7M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2116 | −0.174% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | −0.034% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2119 | −0.053% | $590K | $570K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2119 | −0.042% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | −0.042% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2115 | −0.222% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2119 | −0.024% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2118 | −0.085% | $195K | $220K | 20x | as long as short |
| Phemex XLMUSDTlong | +0.0100% | 8h | 0.2120 | long leg | $8.7M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | −0.039% | $189K | $1.2M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0112% | 1h | 0.2117 | −0.123% | $129K | $342K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2121 | +0.038% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2119 | −0.057% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0280% | 1h | 0.2117 | −0.150% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2120 | +0.005% | $219K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2119 | −0.049% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0550% | 1h | 0.2120 | +0.020% | $2.6M | $2.6M | 50x | as long as short |
| Hyperliquid XLM | +0.0593% | 1h | 0.2122 | +0.108% | $12.2M | $6.4M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0835% | 1h | 0.2121 | +0.071% | $526K | $172K | 25x | as long as short |
Bitget XLMUSDT
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
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL