Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Backpack−0.469%7-day average −0.040% · you buy dearer than you sell
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 4 days (all we have)+0.584%+$58 · spread now −0.469%, 7d avg −0.040%
=Together, before fees+0.595%+ Points / potential airdropVariational Omni: Active · farm board+$59 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: Variational Omni is 0.429% cheaper against Backpack than usual: you would sell low and buy high, −$43 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 | 0.2135 | 0.0100 | pay 0.0013% / 1h | 32m 40s | $93K | $265K | 20x |
| Short | Variational Omni XLM | 0.2125 | 0.0100 | get 0.0100% / 8h | 5h 32m | $254K | $1.3M | — |
Backpack XLM_USDC_PERP
Variational Omni XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- Price spread: −0.469% → −0.040%
- −$42.91
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$52.91
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 31 min ago; Variational Omni: RFQ quote, 1 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 Backpack live order book, 31 min ago | 0.24 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 7.06 bp | doesn't fit | 21.2 bp −$212 | 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 | 0.2131 | −0.215% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2138 | +0.145% | $359K | $902K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | +0.086% | $54.7M | $153.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2137 | +0.070% | $43.3M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | +0.061% | $12.6M | $41.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2135 | +0.014% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2137 | +0.080% | $23.9M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2136 | +0.028% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2136 | +0.052% | $25.6M | $21.1M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2136 | +0.061% | — | $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_PERPlong | +0.0100% | 1h | 0.2135 | long leg | $93K | $265K | 20x | |
| Variational Omni XLMshort | +0.0100% | 8h | 0.2125 | −0.469% | $254K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2127 | −0.401% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2127 | −0.371% | $589K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | −0.370% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | −0.192% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.178% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2134 | −0.052% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.239% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2135 | −0.019% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2136 | +0.050% | $190K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0104% | 8h | 0.2135 | 0.000% | $568K | $623K | 75x | as long as short |
| dYdX XLM-USD | +0.0220% | 1h | 0.2135 | −0.020% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | −0.075% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2127 | −0.370% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0455% | 1h | 0.2137 | +0.098% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0460% | 1h | 0.2135 | −0.009% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2136 | +0.047% | $241K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2131 | −0.204% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0970% | 1h | 0.2133 | −0.080% | $529K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.473% | $683 | $241K | 12x | 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
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
dYdX XLM-USD
BloFin XLM-USDT
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