Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Variational Omni+0.031%7-day average +0.054% · 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)−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.288%+$29 · spread now +0.031%, 7d avg +0.054%
=Together, before fees+0.276%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2144 | 0.0100 | pay 0.0100% / 8h | 3h 32m | $216K | $946K | — |
| Short | Phemex XLMUSDT | 0.2144 | 0.0100 | get 0.0100% / 8h | 3h 32m | $8.9M | $8.9M | 50x |
Variational Omni XLM
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.031% → +0.054%
- −$2.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.28
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; Phemex: live order book, 2 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 Variational Omni RFQ quote, 17 min ago | 7.02 bp | doesn't fit | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.40 bp | 9.5 bp −$9 | 21.8 bp −$218 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2144 | +0.022% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2143 | −0.044% | $10K | — | 150x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2143 | −0.011% | $55.5M | $144.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2143 | −0.011% | $43.6M | $39.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2143 | −0.020% | $13.0M | $40.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2143 | −0.029% | $3.9M | $5.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2143 | −0.011% | $25.8M | $24.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2143 | −0.015% | $14.4M | $9.8M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2144 | −0.002% | $25.4M | $17.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2143 | −0.025% | — | $6.7M | — | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLMlong | +0.0100% | 8h | 0.2144 | long leg | $216K | $946K | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2141 | −0.113% | $12K | $298K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2140 | −0.147% | $596K | $570K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2147 | +0.162% | $172K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2142 | −0.071% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2140 | −0.151% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2141 | −0.123% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2144 | +0.022% | $200K | $271K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2144 | +0.031% | $8.9M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2144 | +0.023% | $196K | $1.6M | 10x | as long as short |
| Aster XLMUSDT | +0.0110% | 8h | 0.2144 | +0.017% | $590K | $786K | 75x | as long as short |
| Phoenix XLM | +0.0188% | 1h | 0.2143 | −0.025% | $5K | $40K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2142 | −0.053% | $2.3M | $6.3M | 75x | as long as short |
| Backpack XLM_USDC_PERP | +0.0243% | 1h | 0.2144 | +0.031% | $95K | $212K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0310% / S −0.0164% | 1h | 0.2142 | −0.056% | $44K | — | 100x | as long as short |
| Injective XLM/USDC PERP | +0.0346% | 1h | 0.2123 | −0.958% | $476 | $85K | 12x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2149 | +0.241% | $236K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0401% | 1h | 0.2143 | −0.047% | $2.6M | $2.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0561% | 1h | 0.2146 | +0.136% | $11.9M | $5.8M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0684% | 1h | 0.2143 | −0.006% | $532K | $166K | 25x | as long as short |
| Lighter XLM | +0.0920% | 1h | 0.2151 | +0.344% | $427K | $781K | 5x | as long as short |
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
BloFin XLM-USDT
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Injective XLM/USDC PERP
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL
Lighter XLM