Funding you earn now, next payment 23:00 UTC−0.0375%/8h= −41.0% APRpaid last 24h +0.011%
Price spread now: Gate against Injective+6.306%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 3 days (all we have)−6.124%−$612 · spread now +6.306%, 7d avg +0.091%
=The price spread pays, funding is against you. Gate is 6.215% dearer against Injective than usual: you sell high and buy low (spread +6.306% now, against its 7-day average of +0.091%): +$622 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 55 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% 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 | Injective XLM/USDC PERP | 0.2036 | 0.0475 | pay 0.0059% / 1h | 14m 43s | $5K | $238K | 12x |
| Short | Gate XLM_USDT | 0.2164 | 0.0100 | get 0.0100% / 8h | 1h 14m | $4.1M | $6.2M | 75x |
Injective XLM/USDC PERP
Gate XLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$78.69
- Price spread: +6.306% → +0.091%
- $621.53
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $527.82
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 4.16 bp | 13.2 bp −$13 | 26.9 bp −$269 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2163 | +6.248% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0021% | 1h | 0.2164 | +6.292% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2166 | +6.405% | $587K | $805K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2164 | +6.302% | $56.2M | $150.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | +6.297% | $44.0M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2163 | +6.252% | $13.1M | $42.4M | 50x | as long as short |
| Gate XLM_USDTshort | +0.0100% | 8h | 0.2164 | +6.306% | $4.1M | $6.2M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2165 | +6.341% | $26.3M | $26.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | +6.287% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2165 | +6.316% | $25.9M | $19.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2164 | +6.297% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | +6.396% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2163 | +6.243% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2166 | +6.365% | $600K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2163 | +6.218% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2164 | +6.287% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2162 | +6.213% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2164 | +6.287% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2165 | +6.356% | $200K | $263K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2165 | +6.321% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2164 | +6.264% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0169% | 1h | 0.2165 | +6.336% | $102K | $261K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2165 | +6.346% | $2.3M | $5.7M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2168 | +6.473% | $5K | $41K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2163 | +6.243% | $45K | — | 100x | as long as short |
| Lighter XLM | +0.0352% | 1h | 0.2168 | +6.473% | $419K | $813K | 5x | as long as short |
| Hyperliquid XLM | +0.0395% | 1h | 0.2167 | +6.456% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2167 | +6.415% | $234K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERPlong | +0.0475% | 1h | 0.2036 | long leg | $5K | $238K | 12x | |
| Kraken Futures PF_XLMUSD | +0.0505% | 1h | 0.2165 | +6.347% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0767% | 1h | 0.2165 | +6.316% | $537K | $175K | 25x | as long as short |
BingX XLM-USDC
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Lighter XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL