Funding you earn now, next payment 07:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.182%
Price spread now: Injective against Extended+0.323%100s7-day average −0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.323%, 7d avg −0.114%
=Together, before fees−0.592%+ Points / potential airdropExtended: Active · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.438% dearer against Extended than usual: you sell high and buy low (spread +0.323% now, against its 7-day average of −0.114%): +$44 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.303% in total) that is about 10 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XLM-USD | 0.2118 | 0.0104 | pay 0.0013% / 1h | 59m 35s | $189K | $1.5M | 10x |
| Short | Injective XLM/USDC PERP | 0.2125 | 0.0033 | get 0.0004% / 1h | 59m 35s | $683 | $241K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$14.84
- Price spread: +0.323% → −0.114%
- $43.76
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $23.9
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 4 min ago; Injective: 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 Extended live order book, 4 min ago | 4.01 bp | 7.9 bp −$8 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.2119 | +0.018% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPshort | +0.0033% | 1h | 0.2125 | +0.323% | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2121 | +0.125% | $366K | $941K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | +0.068% | $563K | $615K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | +0.033% | $54.3M | $162.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.050% | $42.9M | $47.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | +0.030% | $12.2M | $44.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2118 | −0.026% | $4.0M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2118 | +0.002% | $24.6M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2118 | −0.007% | $14.0M | $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 | 0.2117 | −0.036% | $25.4M | $22.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2118 | +0.002% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2116 | −0.096% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | +0.021% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2119 | +0.040% | $594K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | +0.011% | $170K | $263K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2120 | +0.087% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2120 | +0.082% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | +0.082% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.097% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2121 | +0.115% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USDlong | +0.0104% | 1h | 0.2118 | long leg | $189K | $1.5M | 10x | |
| Backpack XLM_USDC_PERP | +0.0200% | 1h | 0.2120 | +0.082% | $130K | $348K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2119 | +0.040% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2124 | +0.276% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0320% | 1h | 0.2118 | −0.027% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2121 | +0.114% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2127 | +0.427% | $222K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2119 | +0.037% | $39K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0586% | 1h | 0.2120 | +0.096% | $12.1M | $6.5M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0977% | 1h | 0.2122 | +0.177% | $526K | $172K | 25x | as long as short |
Extended XLM-USD
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL