Funding you earn now, next payment 23:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.009%
Price spread now: GMX against Variational Omni+0.590%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.590% dearer against Variational Omni than usual: you sell high and buy low: +$59 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 | Variational Omni XLM | 0.2164 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $246K | $1.1M | — |
| Short | GMX XLM/USD [WBTC.b-USDC] | 0.2177 | L +0.0343% / S −0.0195% | get 0.0024% / 1h | 46m 54s | $49K | — | 100x |
Variational Omni XLM
GMX XLM/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $19.92
- Price spread: +0.590% → 0.000%
- $58.97
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $66.89
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; GMX: 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 Variational Omni RFQ quote, 2 min ago | 6.90 bp | doesn't fit | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.2178 | +0.616% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0019% | 1h | 0.2181 | +0.751% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2179 | +0.665% | $592K | $799K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2180 | +0.721% | $56.8M | $148.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2180 | +0.725% | $44.3M | $42.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2180 | +0.729% | $13.3M | $41.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2179 | +0.660% | $4.0M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2185 | +0.933% | $26.1M | $25.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2180 | +0.739% | $14.7M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2182 | +0.831% | $26.1M | $18.6M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2179 | +0.688% | — | $7.0M | — | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2164 | long leg | $246K | $1.1M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2167 | +0.106% | $12K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2170 | +0.268% | $606K | $622K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2177 | +0.577% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2179 | +0.678% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2177 | +0.591% | $1K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2180 | +0.702% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2180 | +0.729% | $201K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2179 | +0.678% | $9.2M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2182 | +0.802% | $195K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2181 | +0.752% | $2.4M | $6.3M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2173 | +0.387% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0335% | 1h | 0.2180 | +0.729% | $103K | $253K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]short | L +0.0343% / S −0.0195% | 1h | 0.2177 | +0.590% | $49K | — | 100x | |
| Hyperliquid XLM | +0.0359% | 1h | 0.2181 | +0.775% | $12.4M | $6.0M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2180 | +0.743% | $231K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2156 | −0.384% | $116 | $185K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0501% | 1h | 0.2180 | +0.725% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0576% | 1h | 0.2181 | +0.766% | $541K | $174K | 25x | as long as short |
| Lighter XLM | +0.0664% | 1h | 0.2184 | +0.914% | $430K | $805K | 5x | as long as short |
BingX XLM-USDT
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
Phoenix XLM
Backpack XLM_USDC_PERP
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM