Funding you earn now, next payment 00:00 UTC−0.0281%/8h= −30.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.088%
Price spread now: GMX against Coinbase International−0.168%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and GMX is 0.168% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2162 | 0.0448 | pay 0.0056% / 1h | 50m 30s | $228K | $1.5M | 50x |
| Short | GMX XLM/USD [WBTC.b-USDC] | 0.2158 | L +0.0316% / S −0.0167% | get 0.0021% / 1h | 50m 30s | $45K | — | 100x |
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Coinbase International. 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
- −$58.92
- Price spread: −0.168% → 0.000%
- −$16.79
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$97.71
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 3.93 bp | 12.1 bp −$12 | 18.4 bp −$184 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.217% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2159 | −0.144% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0060% | 1h | 0.2154 | −0.353% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2159 | −0.113% | $579K | $688K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2157 | −0.238% | $55.6M | $151.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2156 | −0.250% | $44.0M | $44.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2155 | −0.296% | $13.0M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2155 | −0.319% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2156 | −0.268% | $24.8M | $26.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2155 | −0.333% | $14.4M | $10.3M | 75x | as long as short |
Injective XLM/USDC PERP
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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2155 | −0.305% | $25.6M | $19.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2155 | −0.291% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2158 | −0.164% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2160 | −0.060% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2164 | +0.109% | $599K | $604K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2160 | −0.060% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2159 | −0.125% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2159 | −0.111% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2158 | −0.190% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2159 | −0.120% | $199K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2158 | −0.180% | $9.0M | $9.1M | 50x | as long as short |
| Lighter XLM | +0.0104% | 1h | 0.2158 | −0.176% | $399K | $837K | 5x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2156 | −0.280% | $196K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0152% | 1h | 0.2156 | −0.245% | $89K | $269K | 20x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2158 | −0.161% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2159 | −0.125% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2162 | +0.037% | $5K | $42K | 5x | as long as short |
| Hyperliquid XLM | +0.0314% | 1h | 0.2157 | −0.199% | $12.5M | $6.2M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]short | L +0.0316% / S −0.0167% | 1h | 0.2158 | −0.168% | $45K | — | 100x | |
| Deribit XLM_USDC-PERPETUAL | +0.0445% | 1h | 0.2159 | −0.143% | $536K | $162K | 25x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0448% | 1h | 0.2162 | long leg | $228K | $1.5M | 50x |
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
Lighter XLM
Extended XLM-USD
Backpack XLM_USDC_PERP
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL