Funding you earn now, next payment 02:00 UTC+0.0508%/8h= +55.6% APRnext payment +$0.63 per $10,000 · paid last 24h +0.175%
Price spread now: Deribit against gTrade (Gains Network)+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 3 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 +$15 a day on $10k at the current rate, and Deribit is 0.042% dearer against gTrade (Gains Network) 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 | gTrade (Gains Network) XLM/USD | 0.2112 | L 0.0000% / S +0.0002% | pay 0.0000% / 1h | 38m 20s | $4K | — | 150x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2112 | 0.0508 | get 0.0063% / 1h | 38m 20s | $524K | $150K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- $106.6
- Price spread: +0.042% → 0.000%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $93.82
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 30 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 30 min ago | 3.70 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2114 | +0.093% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USDlong | L 0.0000% / S +0.0002% | 1h | 0.2112 | long leg | $4K | — | 150x | |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.634% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2112 | 0.000% | $359K | $892K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2112 | +0.017% | $53.6M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2112 | −0.005% | $42.4M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2113 | +0.061% | $12.6M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2113 | +0.071% | $4.0M | $6.6M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2113 | +0.085% | $23.7M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2114 | +0.104% | $14.0M | $10.0M | 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 | 0.2111 | −0.015% | $25.1M | $20.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2112 | +0.037% | — | $7.2M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2117 | +0.241% | $88K | $263K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2115 | +0.169% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | +0.657% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2115 | +0.151% | $592K | $612K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2124 | +0.582% | $170K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2112 | +0.018% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2110 | −0.076% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2111 | −0.029% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2115 | +0.165% | $195K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2112 | 0.000% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2111 | −0.041% | $190K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0120% | 8h | 0.2114 | +0.102% | $565K | $632K | 75x | as long as short |
| Hyperliquid XLM | +0.0135% | 1h | 0.2115 | +0.179% | $12.2M | $6.4M | 5x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2116 | +0.208% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +1.070% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0383% | 1h | 0.2111 | −0.041% | $2.5M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2116 | +0.189% | $232K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0508% | 1h | 0.2112 | +0.042% | $524K | $150K | 25x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0515% / S −0.0193% | 1h | 0.2111 | −0.020% | $44K | — | 100x | as long as short |
gTrade (Gains Network) XLM/USD
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP
Lighter XLM
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
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Hyperliquid XLM
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]