Funding you earn now, next payment 04:00 UTC+0.0717%/8h= +78.5% APRnext payment +$0.90 per $10,000 · paid last 24h +0.144%
Price spread now: Deribit against dYdX+0.042%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$22 a day on $10k at the current rate, and Deribit is 0.042% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XLM-USD | 0.2129 | 0.0255 | pay 0.0032% / 1h | 40m 15s | $23K | $2K | 10x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2130 | 0.0972 | get 0.0122% / 1h | 40m 15s | $528K | $153K | 25x |
dYdX XLM-USD
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- $150.6
- Price spread: +0.042% → 0.000%
- $4.25
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $137.85
- Costs to cover
- 0.170%
- Break-even
- 0.6 days
Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 19 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 19 min ago | 3.05 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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 | −0.100% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.169% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2128 | −0.009% | $372K | $962K | 5x | as long as short |
| Hyperliquid XLM | +0.0100% | 1h | 0.2130 | +0.047% | $12.2M | $6.2M | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2128 | −0.009% | $566K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2127 | −0.051% | $54.4M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2127 | −0.080% | $43.0M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2128 | −0.047% | $12.5M | $42.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2128 | −0.014% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2129 | +0.014% | $23.8M | $26.8M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Hyperliquid XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2128 | −0.028% | $14.0M | $9.7M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2127 | −0.084% | $25.5M | $21.2M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2128 | −0.033% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2127 | −0.089% | $95K | $274K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2124 | −0.211% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2126 | −0.142% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2123 | −0.239% | $592K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | −0.333% | $170K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2128 | −0.028% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.070% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | −0.075% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | +0.019% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2127 | −0.070% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | −0.062% | $189K | $1.8M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2125 | −0.183% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2123 | −0.253% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USDlong | +0.0255% | 1h | 0.2129 | long leg | $23K | $2K | 10x | |
| Kraken Futures PF_XLMUSD | +0.0265% | 1h | 0.2127 | −0.091% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2129 | +0.038% | $238K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2127 | −0.085% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0972% | 1h | 0.2130 | +0.042% | $528K | $153K | 25x |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
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
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]