Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against edgeX+0.064%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.064%, 7d avg +0.018%
=Together, before fees−0.009%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.046% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLMUSDC | 0.2132 | 0.0100 | pay 0.0050% / 4h | 13m 22s | $12K | $307K | 10x |
| Short | Phemex XLMUSDT | 0.2133 | 0.0100 | get 0.0100% / 8h | 4h 13m | $9.0M | $8.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- $0
- Price spread: +0.064% → +0.018%
- $4.58
- Slippage, 4 orders
- −$7.59
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$24.01
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 45 min ago; Phemex: live order book, 6 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 edgeX live order book, 45 min ago | 1.41 bp | 6.3 bp −$6 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 0.94 bp | 8.3 bp −$8 | 14.5 bp −$145 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2134 | +0.111% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.330% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2137 | +0.246% | $369K | $967K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2135 | +0.143% | $568K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | +0.214% | $54.7M | $155.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | +0.134% | $43.1M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | +0.176% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2135 | +0.143% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2137 | +0.209% | $23.9M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2135 | +0.148% | $14.1M | $9.6M | 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 | 0.2136 | +0.204% | $25.8M | $21.4M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2136 | +0.181% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2133 | +0.035% | $126K | $292K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2131 | −0.043% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2132 | long leg | $12K | $307K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.072% | $589K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2132 | −0.021% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2136 | +0.186% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.166% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2133 | +0.054% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.063% | $197K | $253K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2133 | +0.064% | $9.0M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2136 | +0.177% | $192K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0203% | 1h | 0.2138 | +0.261% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2132 | +0.003% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2137 | +0.218% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0250% | 1h | 0.2134 | +0.107% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0264% | 1h | 0.2133 | +0.056% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2135 | +0.125% | $236K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2135 | +0.128% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1063% | 1h | 0.2135 | +0.125% | $530K | $153K | 25x | as long as short |
edgeX XLMUSDC
Phemex XLMUSDT
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
Backpack XLM_USDC_PERP
Variational Omni XLM
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL