Funding you earn now, next payment 03:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.022%
Price spread now: dYdX against Phoenix−0.121%46s7-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
Funding pays, the price is against you. dYdX is 0.121% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 20 days of funding at the current rate (+$1 a day). The two prices were read 46 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 | Phoenix XLM | 0.2137 | 0.0225 | pay 0.0028% / 1h | 12m 11s | $5K | $46K | 5x |
| Short | dYdX XLM-USD | 0.2134 | 0.0245 | get 0.0031% / 1h | 12m 11s | $23K | $2K | 10x |
Phoenix XLM
dYdX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $4.21
- Price spread: −0.121% → 0.000%
- −$12.09
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$24.88
- Costs to cover
- 0.170%
- Break-even
- 48.3 days
Slippage unknown: Phoenix: no order-book sample; dYdX: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Phoenix and dYdX: 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 | 0.2135 | −0.102% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.548% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2137 | +0.014% | $369K | $967K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2135 | −0.076% | $568K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2136 | −0.044% | $54.7M | $155.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | −0.094% | $43.1M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | −0.051% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2135 | −0.103% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2135 | −0.056% | $23.9M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2135 | −0.094% | $14.1M | $9.6M | 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 | 0.2135 | −0.070% | $25.7M | $21.4M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2135 | −0.070% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2135 | −0.070% | $126K | $290K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2131 | −0.261% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2132 | −0.218% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.290% | $589K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2132 | −0.239% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2135 | −0.080% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.651% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2135 | −0.075% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.379% | $196K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2136 | −0.051% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | −0.102% | $192K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0204% | 1h | 0.2138 | +0.042% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2136 | −0.014% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLMlong | +0.0225% | 1h | 0.2137 | long leg | $5K | $46K | 5x | |
| dYdX XLM-USDshort | +0.0245% | 1h | 0.2134 | −0.121% | $23K | $2K | 10x | |
| Kraken Futures PF_XLMUSD | +0.0264% | 1h | 0.2135 | −0.078% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2135 | −0.094% | $236K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2135 | −0.097% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0968% | 1h | 0.2137 | +0.005% | $530K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
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
Hyperliquid XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL