Funding you earn now, next payment 06:00 UTC−0.0637%/8h= −69.8% APRpaid last 24h −0.144%
Price spread now: Orderly against Deribit−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$19 a day on $10k at the current rate, and Orderly is 0.052% cheaper against Deribit than usual: you would sell low and buy high (−$5 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 | Deribit XLM_USDC-PERPETUAL | 0.2129 | 0.0737 | pay 0.0092% / 1h | 3m 01s | $528K | $167K | 25x |
| Short | Orderly PERP_XLM_USDC_mythos | 0.2128 | 0.0100 | get 0.0050% / 4h | 2h 03m | $3K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$133.77
- Price spread: −0.052% → 0.000%
- −$5.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$151.94
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 46 min ago; Orderly: 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 Deribit live order book, 46 min ago | 3.77 bp | 7.3 bp −$7 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2126 | −0.131% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.193% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2130 | +0.061% | $357K | $997K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2128 | −0.054% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2129 | −0.012% | $54.7M | $162.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2127 | −0.099% | $43.1M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2128 | −0.047% | $12.3M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2128 | −0.061% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2129 | −0.005% | $24.6M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2129 | −0.019% | $13.9M | $9.4M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2128 | −0.056% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2128 | −0.052% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2130 | +0.048% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | +0.053% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | +0.028% | $590K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2130 | +0.019% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythosshort | +0.0100% | 4h | 0.2128 | −0.052% | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2125 | −0.193% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2128 | −0.038% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.005% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2129 | +0.005% | $8.8M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2128 | −0.052% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2129 | −0.015% | $2.6M | $2.7M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0170% | 1h | 0.2129 | −0.019% | $117K | $322K | 20x | as long as short |
| Hyperliquid XLM | +0.0208% | 1h | 0.2130 | +0.042% | $12.1M | $6.6M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | +0.014% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | +0.038% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0253% | 1h | 0.2127 | −0.077% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2131 | +0.075% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2126 | −0.146% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | +0.0737% | 1h | 0.2129 | long leg | $528K | $167K | 25x |
Deribit XLM_USDC-PERPETUAL
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 XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Kraken Futures PF_XLMUSD
Backpack XLM_USDC_PERP
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]