Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Phemex against Extended+0.091%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.091%, 7d avg +0.043%
=Together, before fees−0.238%+ Points / potential airdropExtended: Active · farm board−$24 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 0.047% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XLM-USD | 0.2139 | 0.0104 | pay 0.0013% / 1h | 0m 40s | $191K | $1.7M | 10x |
| Short | Phemex XLMUSDT | 0.2141 | 0.0100 | get 0.0100% / 8h | 7h 00m | $9.0M | $9.0M | 50x |
Extended XLM-USD
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.84
- Price spread: +0.091% → +0.043%
- $4.74
- Slippage, 4 orders
- −$20.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$33.22
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Phemex: live order book, 3 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 Extended live order book, 3 min ago | 3.26 bp | 7.1 bp −$7 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.02 bp | 13.9 bp −$14 | 20.9 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | +0.843% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2142 | +0.119% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0071% | 1h | 0.2135 | −0.163% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | +0.086% | $392K | $842K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | −0.110% | $55.0M | $151.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2134 | −0.250% | $43.9M | $44.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2135 | −0.185% | $12.9M | $40.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2138 | −0.035% | $4.0M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2136 | −0.157% | $24.6M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2138 | −0.045% | $14.2M | $10.0M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2138 | −0.031% | $25.5M | $19.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.035% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2140 | +0.039% | $88K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2144 | +0.242% | $281K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2152 | +0.603% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2161 | +1.047% | $609K | $578K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2151 | +0.549% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2140 | +0.049% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.049% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | +0.067% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2141 | +0.114% | $197K | $257K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2141 | +0.091% | $9.0M | $9.0M | 50x | |
| Extended XLM-USDlong | +0.0104% | 1h | 0.2139 | long leg | $191K | $1.7M | 10x | |
| Aster XLMUSDT | +0.0145% | 8h | 0.2140 | +0.037% | $574K | $619K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2140 | +0.063% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2143 | +0.175% | $2.3M | $5.2M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2163 | +1.105% | $5K | $42K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0358% | 1h | 0.2141 | +0.086% | $531K | $150K | 25x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2143 | +0.175% | $232K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0527% | 1h | 0.2141 | +0.095% | $12.4M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0620% / S −0.1281% | 1h | 0.2143 | +0.204% | $173K | — | 100x | as long as short |
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
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Deribit XLM_USDC-PERPETUAL
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]