XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0355%/8h= −38.9% APRnext payment −$0.44 per $10,000 · paid last 24h −0.003%

Price spread now: Hyperliquid against GMX+0.109%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Hyperliquid

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.109% dearer against GMX than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XLM/USD [WBTC.b-USDC]	0.2140	L +0.0520% / S −0.0247%	pay 0.0065% / 1h	28m 13s	$40K	—	100x
Short	Hyperliquid XLM	0.2142	0.0165	get 0.0021% / 1h	28m 13s	$12.4M	$6.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee HyperliquidbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$74.53
Price spread: +0.109% → 0.000%: $10.93
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$84.6
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 4 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 GMX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 4 min ago	0.70 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit

GMX: 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
Deribit XLM_USDC-PERPETUAL	−0.1853%	1h	0.2136	−0.199%	$530K	$154K	25x	as long as short
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2140	+0.021%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	−0.699%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2144	+0.193%	$376K	$969K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2141	+0.063%	$569K	$622K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2141	+0.056%	$54.9M	$157.4M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2140	+0.002%	$43.3M	$46.0M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2141	+0.044%	$12.6M	$43.3M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2141	+0.035%	$4.1M	$6.9M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2141	+0.049%	$24.7M	$27.2M	300x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XLMUSDTM	+0.0100%	8h	0.2141	+0.044%	$14.1M	$9.5M	75x	as long as short
Bitget XLMUSDT	+0.0100%	8h	0.2140	+0.002%	$25.9M	$21.9M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2140	+0.025%	—	$6.7M	—	as long as short
Variational Omni XLM	+0.0100%	8h	0.2147	+0.335%	$257K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2147	+0.340%	$12K	$307K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2147	+0.338%	$602K	$618K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2147	+0.334%	$172K	$264K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2141	+0.049%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2142	+0.119%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2141	+0.049%	$583	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2142	+0.081%	$197K	$250K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2142	+0.077%	$9.0M	$9.0M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2141	+0.034%	$191K	$1.8M	10x	as long as short
Hyperliquid XLMshort	+0.0165%	1h	0.2142	+0.109%	$12.4M	$6.3M	5x
Kraken Futures PF_XLMUSD	+0.0185%	1h	0.2142	+0.085%	$2.6M	$2.7M	50x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2147	+0.352%	$2.3M	$5.5M	75x	as long as short
Phoenix XLM	+0.0225%	1h	0.2143	+0.147%	$5K	$46K	5x	as long as short
dYdX XLM-USD	+0.0266%	1h	0.2144	+0.211%	$23K	$2K	10x	as long as short
Coinbase International XLM-PERP-INTX	+0.0464%	1h	0.2146	+0.296%	$249K	$1.6M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]long	L +0.0520% / S −0.0247%	1h	0.2140	long leg	$40K	—	100x
Backpack XLM_USDC_PERP	+0.0561%	1h	0.2141	+0.030%	$128K	$294K	20x	as long as short