Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.131%
Price spread now: OKX against Injective−0.056%68s7-day average +0.132% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.056%, 7d avg +0.132%
=Funding pays, the price is against you. OKX is 0.188% cheaper against Injective than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.132%). If the spread goes back, that is −$19 on $10k: about 9.4 days of funding at the current rate (+$2 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 18m 16s | $683 | $241K | 12x |
| Short | OKX XLM-USDT-SWAP | 0.2124 | 0.0100 | get 0.0100% / 8h | 6h 18m | $12.6M | $41.9M | 50x |
Injective XLM/USDC PERP
OKX XLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.056% → +0.132%
- −$18.81
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$14.83
- Costs to cover
- 0.100%
- Break-even
- 14.4 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.23 bp | 10.2 bp −$10 | 20.8 bp −$208 | 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 30 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 | 0.2126 | +0.043% | $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 | 0.2129 | +0.165% | $359K | $906K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2126 | +0.057% | $53.9M | $155.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2124 | −0.047% | $42.8M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAPshort | +0.0100% | 8h | 0.2124 | −0.056% | $12.6M | $41.9M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2124 | −0.033% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2125 | +0.024% | $23.8M | $27.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2127 | +0.104% | $14.1M | $10.0M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2125 | −0.005% | $25.4M | $20.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.038% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2125 | −0.009% | $88K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2128 | +0.146% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | +0.251% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2134 | +0.438% | $597K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2129 | +0.188% | $171K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | +0.047% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.061% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | +0.108% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2127 | +0.113% | $196K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2125 | +0.024% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | +0.077% | $192K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0121% | 1h | 0.2128 | +0.131% | $23K | $2K | 10x | as long as short |
| Aster XLMUSDT | +0.0125% | 8h | 0.2126 | +0.026% | $569K | $622K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2135 | +0.456% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0282% | 1h | 0.2126 | +0.047% | $12.2M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0380% | 1h | 0.2128 | +0.134% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2126 | +0.047% | $232K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0503% | 1h | 0.2128 | +0.122% | $528K | $149K | 25x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2126 | +0.040% | $44K | — | 100x | as long as short |
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
dYdX XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL
GMX XLM/USD [WBTC.b-USDC]