Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.131%
Price spread now: Binance against Injective−0.415%7-day average +0.160% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 3 days (all we have)+0.453%+$45 · spread now −0.415%, 7d avg +0.160%
=Funding pays, the price is against you. Binance is 0.575% cheaper against Injective than usual: you would sell low and buy high (spread −0.415% now, against its 7-day average of +0.160%). If the spread goes back, that is −$58 on $10k: about 29 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XLM/USDC PERP | 0.2125 | 0.0033 | pay 0.0004% / 1h | 41m 21s | $683 | $241K | 12x |
| Short | Binance XLMUSDT | 0.2116 | 0.0100 | get 0.0100% / 8h | 6h 41m | $53.7M | $154.3M | 75x |
Injective XLM/USDC PERP
Binance XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $14
- Price spread: −0.415% → +0.160%
- −$57.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.56
- Costs to cover
- 0.100%
- Break-even
- 33.8 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 2 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 Binance live order book, 2 min ago | 0.47 bp | 8.6 bp −$9 | 14.7 bp −$147 | 35.5 bp −$3,546 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2115 | −0.487% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2115 | −0.479% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPlong | +0.0033% | 1h | 0.2125 | long leg | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2116 | −0.438% | $362K | $888K | 5x | as long as short |
| Binance XLMUSDTshort | +0.0100% | 8h | 0.2116 | −0.415% | $53.7M | $154.3M | 75x | |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2115 | −0.461% | $42.5M | $46.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2115 | −0.452% | $12.6M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.442% | $4.0M | $6.5M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.395% | $24.0M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2115 | −0.456% | $14.0M | $10.0M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Lighter XLM
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 | 0.2115 | −0.456% | $25.1M | $20.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.433% | — | $7.2M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2118 | −0.344% | $88K | $263K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2115 | −0.462% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | +0.023% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2126 | +0.039% | $595K | $612K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2124 | −0.052% | $170K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | −0.424% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.546% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2116 | −0.424% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.433% | $195K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2115 | −0.466% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2115 | −0.474% | $196K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0123% | 8h | 0.2116 | −0.404% | $566K | $631K | 75x | as long as short |
| Hyperliquid XLM | +0.0145% | 1h | 0.2117 | −0.381% | $12.2M | $6.4M | 5x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2126 | +0.047% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.433% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0382% | 1h | 0.2116 | −0.416% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2115 | −0.447% | $229K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0524% / S −0.0198% | 1h | 0.2115 | −0.483% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0743% | 1h | 0.2117 | −0.381% | $525K | $150K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
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
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]
Deribit XLM_USDC-PERPETUAL