Funding you earn now, next payment 07:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.022%
Price spread now: BingX against Phoenix−0.245%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—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.245% cheaper against Phoenix than usual: you would sell low and buy high (−$25 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 | Phoenix XLM | 0.2122 | 0.0264 | pay 0.0033% / 1h | 36m 48s | $4K | $50K | 5x |
| Short | BingX XLM-USDT | 0.2117 | 0.0100 | get 0.0100% / 8h | 36m 48s | — | $7.4M | — |
Phoenix XLM
BingX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phoenix. 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
- −$34.48
- Price spread: −0.245% → 0.000%
- −$24.51
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$75.99
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; BingX: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 1 min ago | 0.24 bp | 8.8 bp −$9 | 11.0 bp −$110 | 22.7 bp −$2,274 | 85.2 bp −$42.6K |
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 | 0.2114 | −0.351% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.146% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | −0.160% | $365K | $941K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2117 | −0.241% | $562K | $595K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2115 | −0.312% | $54.3M | $160.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2113 | −0.405% | $42.8M | $46.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | −0.363% | $12.1M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.297% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.217% | $24.2M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.226% | $14.0M | $9.3M | 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 | 0.2115 | −0.330% | $25.4M | $22.6M | 75x | as long as short |
| BingX XLM-USDTshort | +0.0100% | 8h | 0.2117 | −0.245% | — | $7.4M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2127 | +0.244% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2122 | +0.005% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | +0.016% | $586K | $577K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.254% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2115 | −0.325% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2118 | −0.198% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2115 | −0.339% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.278% | $195K | $230K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2115 | −0.302% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2116 | −0.270% | $190K | $1.3M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2115 | −0.335% | $2.3M | $5.5M | 75x | as long as short |
| Backpack XLM_USDC_PERP | +0.0251% | 1h | 0.2117 | −0.240% | $129K | $344K | 20x | as long as short |
| Phoenix XLMlong | +0.0264% | 1h | 0.2122 | long leg | $4K | $50K | 5x | |
| dYdX XLM-USD | +0.0330% | 1h | 0.2115 | −0.345% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2118 | −0.193% | $219K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2114 | −0.371% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0551% | 1h | 0.2115 | −0.349% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0570% | 1h | 0.2118 | −0.184% | $12.1M | $6.4M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0743% | 1h | 0.2117 | −0.254% | $525K | $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
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Backpack XLM_USDC_PERP
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL