Funding you earn now, next payment 07:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.061%
Price spread now: edgeX against Hyperliquid−0.017%46s7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.017%, 7d avg −0.073%
=Together, before fees−0.059%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.056% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.073%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 21 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2124 | 0.0314 | pay 0.0039% / 1h | 4m 34s | $12.1M | $6.5M | 5x |
| Short | edgeX XLMUSDC | 0.2124 | 0.0100 | get 0.0050% / 4h | 1h 04m | $12K | $307K | 10x |
Hyperliquid XLM
edgeX XLMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. 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
- −$44.88
- Price spread: −0.017% → −0.073%
- $5.56
- Slippage, 4 orders
- −$9.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$67.3
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; edgeX: live order book, 38 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 Hyperliquid live order book, 8 min ago | 0.23 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 38 min ago | 1.18 bp | 5.9 bp −$6 | 55.1 bp −$551 | 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 | 0.2122 | −0.093% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.033% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2124 | −0.005% | $366K | $947K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2123 | −0.068% | $563K | $615K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | −0.124% | $54.4M | $162.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2121 | −0.155% | $43.0M | $47.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2121 | −0.141% | $12.2M | $44.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2121 | −0.160% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2122 | −0.113% | $24.7M | $29.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2122 | −0.132% | $14.0M | $9.4M | 75x | as long as short |
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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2121 | −0.165% | $25.5M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2121 | −0.146% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | −0.055% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDCshort | +0.0100% | 4h | 0.2124 | −0.017% | $12K | $307K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | −0.106% | $595K | $591K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2123 | −0.042% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2123 | −0.061% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2122 | −0.085% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2122 | −0.104% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.056% | $196K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2123 | −0.047% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | −0.187% | $189K | $1.5M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0213% | 1h | 0.2122 | −0.089% | $130K | $348K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2123 | −0.042% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2124 | −0.024% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0301% | 1h | 0.2123 | −0.077% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLMlong | +0.0314% | 1h | 0.2124 | long leg | $12.1M | $6.5M | 5x | |
| Kraken Futures PF_XLMUSD | +0.0332% | 1h | 0.2123 | −0.071% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2127 | +0.137% | $222K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2122 | −0.118% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0787% | 1h | 0.2124 | −0.009% | $527K | $172K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL