Funding you earn now, next payment 03:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%
Price spread now: Phemex against SoDEX+0.052%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.052% dearer against SoDEX than usual: you sell high and buy low, +$5 on $10k if it 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 | 0.2117 | 0.0101 | pay 0.0013% / 1h | 47m 38s | $2K | $6K | 5x |
| Short | Phemex XLMUSDT | 0.2118 | 0.0100 | get 0.0100% / 8h | 5h 47m | $8.9M | $8.9M | 50x |
SoDEX XLM-USD
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.24
- Price spread: +0.052% → 0.000%
- $5.2
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$15.04
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Phemex: live order book, 6 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 Phemex live order book, 6 min ago | 3.78 bp | 10.1 bp −$10 | 17.7 bp −$177 | 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 30 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 | 0.2115 | −0.075% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2118 | +0.052% | $356K | $900K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2116 | −0.043% | $54.2M | $153.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2115 | −0.094% | $42.8M | $45.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2115 | −0.094% | $12.6M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2115 | −0.076% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2116 | −0.066% | $23.4M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2116 | −0.057% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2115 | −0.094% | $25.3M | $20.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2115 | −0.080% | — | $6.7M | — | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2117 | −0.014% | $87K | $261K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.146% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2117 | +0.006% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2121 | +0.195% | $587K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | +0.066% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2117 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2115 | −0.094% | $2K | $1.6M | 20x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.014% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2118 | +0.052% | $8.9M | $8.9M | 50x | |
| SoDEX XLM-USDlong | +0.0101% | 1h | 0.2117 | long leg | $2K | $6K | 5x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2115 | −0.094% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0107% | 8h | 0.2118 | +0.048% | $563K | $624K | 75x | as long as short |
| dYdX XLM-USD | +0.0227% | 1h | 0.2115 | −0.073% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2122 | +0.260% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0381% | 1h | 0.2118 | +0.057% | $12.2M | $6.2M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2119 | +0.118% | $233K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0464% | 1h | 0.2118 | +0.065% | $2.6M | $2.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2115 | −0.076% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0695% | 1h | 0.2118 | +0.028% | $526K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.378% | $683 | $241K | 12x | as long as short |
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
Aster XLMUSDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP