Funding you earn now, next payment 01:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.43 per $10,000 · paid last 24h +0.147%
Price spread now: Deribit against SoDEX+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.065% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XLM-USD | 0.2150 | 0.0100 | pay 0.0013% / 1h | 47m 54s | $2K | $6K | 5x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2151 | 0.0448 | get 0.0056% / 1h | 47m 54s | $534K | $162K | 25x |
SoDEX XLM-USD
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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
- $73.08
- Price spread: +0.065% → 0.000%
- $6.51
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $64.59
- Costs to cover
- 0.150%
- Break-even
- 0.8 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 26 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 26 min ago | 2.56 bp | 6.1 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | +0.326% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2150 | −0.018% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0049% | 1h | 0.2151 | +0.029% | $23K | $3K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2154 | +0.205% | $398K | $837K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2154 | +0.195% | $577K | $688K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2154 | +0.204% | $55.6M | $151.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2153 | +0.126% | $43.9M | $44.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2152 | +0.084% | $13.0M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2153 | +0.149% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2155 | +0.209% | $25.1M | $26.1M | 300x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2154 | +0.191% | $14.3M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2153 | +0.130% | $25.6M | $19.5M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2154 | +0.167% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2151 | +0.037% | $89K | $269K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2158 | +0.380% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2160 | +0.484% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2164 | +0.653% | $599K | $604K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2159 | +0.419% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2151 | +0.047% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2150 | +0.005% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USDlong | +0.0100% | 1h | 0.2150 | long leg | $2K | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2150 | +0.019% | $198K | $257K | 20x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2153 | +0.128% | $193K | $1.6M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2151 | +0.024% | $2.6M | $2.6M | 50x | as long as short |
| Phemex XLMUSDT | +0.0195% | 8h | 0.2151 | +0.028% | $9.0M | $9.1M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2154 | +0.181% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2162 | +0.581% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2149 | −0.036% | $45K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0353% | 1h | 0.2155 | +0.237% | $12.5M | $6.2M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0448% | 1h | 0.2151 | +0.065% | $534K | $162K | 25x | |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2152 | +0.112% | $228K | $1.5M | 50x | as long as short |
KuCoin XLMUSDTM
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
HTX XLM-USDT
Extended XLM-USD
Kraken Futures PF_XLMUSD
Phemex XLMUSDT
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Coinbase International XLM-PERP-INTX