Funding you earn now, next payment 12:00 UTC−0.0558%/8h= −61.1% APRpaid last 24h −0.170%
Price spread now: edgeX against Deribit−0.092%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.299% of the position
Funding, last 7 days−0.195%−$20 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.092%, 7d avg −0.066%
=Together, before fees−0.244%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and edgeX is 0.025% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.195% in total (about -10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XLM_USDC-PERPETUAL | 0.2095 | 0.0658 | pay 0.0082% / 1h | 45m 29s | $519K | $104K | 25x |
| Short | edgeX XLMUSDC | 0.2093 | 0.0100 | get 0.0050% / 4h | 45m 29s | $11K | $311K | 10x |
Deribit XLM_USDC-PERPETUAL
edgeX XLMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. 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
- −$117.18
- Price spread: −0.092% → −0.066%
- −$2.55
- Slippage, 4 orders
- −$13.91
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$149.64
- Costs to cover
- 0.299%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 61 min ago; edgeX: live order book, 61 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 Deribit live order book, 61 min ago | 5.19 bp | 8.7 bp −$9 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 1.42 bp | 6.3 bp −$6 | 63.2 bp −$632 | doesn't fit | doesn't fit |
XLM on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | −0.0100% | 1h | 0.2095 | +0.014% | $118K | $299K | 20x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2092 | −0.115% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +1.447% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2097 | +0.119% | $351K | $736K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2095 | +0.024% | $555K | $357K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2096 | +0.049% | $54.1M | $140.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2095 | +0.014% | $43.2M | $40.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2096 | +0.043% | $12.1M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2094 | −0.010% | $3.9M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2095 | +0.033% | $23.6M | $27.1M | 300x | as long as short |
Backpack XLM_USDC_PERP
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_USDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2095 | +0.038% | $13.9M | $8.4M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2096 | +0.048% | $25.7M | $21.1M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2095 | +0.005% | — | $6.8M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2092 | −0.130% | $250K | $1.2M | — | as long as short |
| edgeX XLMUSDCshort | +0.0100% | 4h | 0.2093 | −0.092% | $11K | $311K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2097 | +0.096% | $584K | $508K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2091 | −0.167% | $168K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2093 | −0.081% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2094 | −0.033% | $1K | $1.3M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2094 | −0.029% | $570 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2094 | −0.019% | $188K | $238K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2094 | −0.010% | $8.5M | $8.4M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2094 | −0.015% | $187K | $608K | 10x | as long as short |
| Phoenix XLM | +0.0152% | 1h | 0.2092 | −0.105% | $4K | $45K | 5x | as long as short |
| Hyperliquid XLM | +0.0213% | 1h | 0.2097 | +0.105% | $12.1M | $5.5M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0214% | 1h | 0.2094 | −0.013% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2097 | +0.086% | $2.3M | $5.1M | 75x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0368% | 1h | 0.2098 | +0.158% | $202K | $1.3M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0509% / S −0.0245% | 1h | 0.2093 | −0.079% | $39K | — | 100x | as long as short |
| dYdX XLM-USD | +0.0570% | 1h | 0.2094 | −0.036% | $26K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | +0.0658% | 1h | 0.2095 | long leg | $519K | $104K | 25x |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
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
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
dYdX XLM-USD