Funding you earn now, next payment 01:00 UTC+0.5100%/8h= +558.5% APRnext payment +$6.38 per $10,000 · paid last 24h +0.068%
Price spread now: ApeX Omni against Injective−0.292%7-day average +0.172% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 3 days (all we have)+0.170%+$17 · spread now −0.292%, 7d avg +0.172%
=Funding pays, the price is against you. ApeX Omni is 0.464% cheaper against Injective than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of +0.172%). If the spread goes back, that is −$46 on $10k: about 7 hours of funding at the current rate (+$153 a day). At the pace of the last 7 days (+0.145% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.38 per $10,000. 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 | Injective XLM/USDC PERP | 0.2157 | −0.5000 | get 0.0625% / 1h | 0m 37s | $736 | $241K | 12x |
| Short | ApeX Omni XLMUSDT | 0.2151 | 0.0100 | get 0.0013% / 1h | 0m 37s | $172K | $258K | 50x |
Injective XLM/USDC PERP
ApeX Omni XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $1,071
- Price spread: −0.292% → +0.172%
- −$46.42
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $1,014.56
- Costs to cover
- 0.100%
- Break-even
- 0.4 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 6 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 6 min ago | 6.25 bp | 13.7 bp −$14 | 94.0 bp −$940 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERPlong | −0.5000% | 1h | 0.2157 | long leg | $736 | $241K | 12x | |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2142 | −0.719% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0071% | 1h | 0.2135 | −0.998% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | −0.751% | $392K | $842K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2135 | −1.020% | $54.9M | $151.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2133 | −1.099% | $43.9M | $44.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2133 | −1.127% | $12.9M | $40.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2136 | −0.974% | $4.0M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2136 | −0.992% | $24.6M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2138 | −0.881% | $14.2M | $10.0M | 75x | as long as short |
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 | 0.2134 | −1.080% | $25.5M | $19.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2135 | −1.011% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2140 | −0.797% | $88K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2144 | −0.597% | $281K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2152 | −0.239% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2161 | +0.201% | $609K | $578K | 10x | as long as short |
| ApeX Omni XLMUSDTshort | +0.0100% | 1h | 0.2151 | −0.292% | $172K | $258K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2140 | −0.788% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.885% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | −0.770% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2141 | −0.723% | $197K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2141 | −0.746% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | −1.011% | $190K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0145% | 8h | 0.2139 | −0.830% | $574K | $619K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2140 | −0.774% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2143 | −0.663% | $2.3M | $5.2M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2163 | +0.260% | $5K | $42K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0358% | 1h | 0.2141 | −0.751% | $531K | $150K | 25x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2143 | −0.663% | $232K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0527% | 1h | 0.2141 | −0.742% | $12.4M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0620% / S −0.1281% | 1h | 0.2143 | −0.634% | $173K | — | 100x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
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]