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: Phemex against SunX+0.174%56s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2152.151% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.174%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.207% dearer against SunX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.033%. The two prices were read 56 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 | SunX XLM-USDT | 0.2132 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $2K | $1.6M | 20x |
| Short | Phemex XLMUSDT | 0.2136 | 0.0100 | get 0.0100% / 8h | 5h 28m | $9.0M | $8.9M | 50x |
SunX XLM-USDT
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SunX. 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: +0.174% → −0.033%
- $20.69
- Slippage, 4 orders
- −$195.08
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$194.38
- Costs to cover
- 2.151%
- Break-even
- never at this rate
Slippage from SunX: live order book, 17 min ago; Phemex: live order book, 6 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 SunX live order book, 17 min ago | 64.28 bp | 82.3 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 3.99 bp | 10.4 bp −$10 | 18.9 bp −$189 | doesn't fit | 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 | 0.2133 | +0.024% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2137 | +0.206% | $358K | $903K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2134 | +0.081% | $54.7M | $154.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2133 | +0.047% | $43.1M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2133 | +0.038% | $12.6M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2134 | +0.094% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2134 | +0.094% | $24.0M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2134 | +0.094% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2133 | +0.038% | $25.6M | $21.1M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2134 | +0.080% | — | $7.0M | — | 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-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2136 | +0.174% | $97K | $273K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2139 | +0.327% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2131 | −0.061% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2142 | +0.474% | $593K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2139 | +0.338% | $171K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2134 | +0.089% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2132 | long leg | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2133 | +0.038% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2138 | +0.258% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2136 | +0.174% | $9.0M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2133 | +0.019% | $190K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0109% | 8h | 0.2136 | +0.171% | $568K | $624K | 75x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2139 | +0.310% | $2.3M | $5.0M | 75x | as long as short |
| dYdX XLM-USD | +0.0226% | 1h | 0.2134 | +0.069% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2127 | −0.230% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0430% | 1h | 0.2136 | +0.169% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0461% | 1h | 0.2133 | +0.033% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2137 | +0.206% | $234K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2133 | +0.037% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0782% | 1h | 0.2134 | +0.098% | $530K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.333% | $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
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Aster XLMUSDT
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP