Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Backpack+0.026%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.026%, 7d avg −0.040%
=Together, before fees−0.027%+ Points / potential airdropExtended: Active · farm board−$3 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: Extended is 0.066% dearer against Backpack than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2136 | 0.0100 | pay 0.0013% / 1h | 22m 22s | $128K | $290K | 20x |
| Short | Extended XLM-USD | 0.2137 | 0.0104 | get 0.0013% / 1h | 22m 22s | $191K | $1.8M | 10x |
Backpack XLM_USDC_PERP
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Backpack. 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
- $0.84
- Price spread: +0.026% → −0.040%
- $6.65
- Slippage, 4 orders
- −$20.91
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.42
- Costs to cover
- 0.359%
- Break-even
- 243.8 days
Slippage from Backpack: live order book, 36 min ago; Extended: live order book, 1 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 Backpack live order book, 36 min ago | 0.23 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 4.68 bp | 8.0 bp −$8 | 15.4 bp −$154 | 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 | 0.2135 | −0.044% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.534% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2138 | +0.080% | $369K | $967K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2137 | +0.020% | $568K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2136 | −0.005% | $54.7M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | −0.061% | $43.1M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2137 | +0.051% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2135 | −0.042% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2137 | +0.019% | $23.7M | $27.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2137 | +0.037% | $14.1M | $9.6M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2137 | +0.019% | $25.8M | $21.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2136 | −0.005% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERPlong | +0.0100% | 1h | 0.2136 | long leg | $128K | $290K | 20x | |
| Variational Omni XLM | +0.0100% | 8h | 0.2138 | +0.080% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2141 | +0.217% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2142 | +0.257% | $592K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2141 | +0.220% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2136 | −0.019% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.150% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2136 | −0.014% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2137 | +0.023% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2136 | −0.014% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2137 | +0.026% | $191K | $1.8M | 10x | |
| Hyperliquid XLM | +0.0154% | 1h | 0.2139 | +0.131% | $12.3M | $6.2M | 5x | as long as short |
| dYdX XLM-USD | +0.0211% | 1h | 0.2135 | −0.045% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2137 | +0.028% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2141 | +0.206% | $5K | $46K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0264% | 1h | 0.2136 | +0.002% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2139 | +0.136% | $237K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2135 | −0.073% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0921% | 1h | 0.2137 | +0.033% | $530K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
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
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL