Funding you earn now, next payment 01:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.096%
Price spread now: Variational Omni against Coinbase International+0.438%7-day average −0.119% · 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)−0.221%−$22 on $10k
+Price spread, last 3 days (all we have)−0.525%−$53 · spread now +0.438%, 7d avg −0.119%
=Together, before fees−0.746%+ Points / potential airdropVariational Omni: Active · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.557% dearer against Coinbase International than usual: you sell high and buy low (spread +0.438% now, against its 7-day average of −0.119%): +$56 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2118 | 0.0440 | pay 0.0055% / 1h | 42m 15s | $231K | $1.5M | 50x |
| Short | Variational Omni XLM | 0.2127 | 0.0100 | get 0.0100% / 8h | 6h 42m | $254K | $1.3M | — |
Coinbase International XLM-PERP-INTX
Variational Omni XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$71.4
- Price spread: +0.438% → −0.119%
- $55.67
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$25.73
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 1 min ago; Variational Omni: RFQ quote, 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 Coinbase International live order book, 1 min ago | 5.64 bp | 14.2 bp −$14 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 7.06 bp | doesn't fit | 16.5 bp −$165 | 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 | 0.2118 | −0.010% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2115 | −0.114% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.335% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2117 | −0.057% | $362K | $887K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2117 | −0.019% | $53.8M | $154.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.042% | $42.5M | $46.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | +0.005% | $12.6M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.109% | $4.0M | $6.5M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.024% | $24.1M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2118 | +0.024% | $14.0M | $10.0M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
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 | 0.2119 | +0.057% | $25.2M | $20.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2118 | +0.014% | — | $7.2M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2118 | −0.009% | $88K | $263K | 20x | as long as short |
| Variational Omni XLMshort | +0.0100% | 8h | 0.2127 | +0.438% | $254K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | +0.574% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2126 | +0.374% | $595K | $612K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | +0.491% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | −0.090% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.109% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2116 | −0.076% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.042% | $195K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2117 | −0.052% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2116 | −0.079% | $196K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0129% | 8h | 0.2117 | −0.033% | $566K | $631K | 75x | as long as short |
| Hyperliquid XLM | +0.0151% | 1h | 0.2118 | 0.000% | $12.2M | $6.4M | 5x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2126 | +0.382% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.770% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0382% | 1h | 0.2116 | −0.073% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0412% | 1h | 0.2117 | −0.028% | $525K | $150K | 25x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0440% | 1h | 0.2118 | long leg | $231K | $1.5M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0524% / S −0.0198% | 1h | 0.2115 | −0.131% | $44K | — | 100x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
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
Hyperliquid XLM
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
GMX XLM/USD [WBTC.b-USDC]