Funding you earn now, next payment 05:00 UTC−0.0061%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.058%
Price spread now: Extended against Hyperliquid−0.105%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.105%, 7d avg −0.075%
=Together, before fees+0.109%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.029% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.075%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2147 | 0.0165 | pay 0.0021% / 1h | 29m 00s | $12.4M | $6.3M | 5x |
| Short | Extended XLM-USD | 0.2144 | 0.0104 | get 0.0013% / 1h | 29m 00s | $191K | $1.8M | 10x |
Hyperliquid XLM
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$12.73
- Price spread: −0.105% → −0.075%
- −$2.95
- Slippage, 4 orders
- −$14.66
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$44.34
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 0.70 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.87 bp | 6.3 bp −$6 | 13.1 bp −$131 | 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 | 0.2146 | −0.006% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −1.002% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2149 | +0.121% | $377K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2145 | −0.064% | $570K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2145 | −0.061% | $55.0M | $157.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2145 | −0.075% | $43.4M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2145 | −0.089% | $12.6M | $43.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2145 | −0.047% | $4.1M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2146 | −0.037% | $24.7M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2146 | −0.019% | $14.1M | $9.5M | 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 | 0.2145 | −0.079% | $25.9M | $21.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2145 | −0.070% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2147 | +0.029% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2147 | +0.034% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.033% | $602K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2147 | +0.028% | $172K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2147 | +0.023% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2145 | −0.075% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2146 | −0.028% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2148 | +0.051% | $198K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2147 | +0.019% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2144 | −0.105% | $191K | $1.8M | 10x | |
| Hyperliquid XLMlong | +0.0165% | 1h | 0.2147 | long leg | $12.4M | $6.3M | 5x | |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2146 | −0.006% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2147 | +0.047% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2143 | −0.158% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0252% | 1h | 0.2147 | +0.038% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | −0.009% | $249K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0521% / S −0.0247% | 1h | 0.2146 | −0.033% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0574% | 1h | 0.2146 | −0.028% | $128K | $294K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0775% | 1h | 0.2148 | +0.051% | $533K | $154K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Phemex XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL