Funding you earn now, next payment 23:00 UTC−0.0375%/8h= −41.0% APRpaid last 24h +0.011%
Price spread now: SunX against Injective+1.563%7-day average +0.237% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 3 days (all we have)−1.322%−$132 · spread now +1.563%, 7d avg +0.237%
=The price spread pays, funding is against you. SunX is 1.326% dearer against Injective than usual: you sell high and buy low (spread +1.563% now, against its 7-day average of +0.237%): +$133 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% 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 | 0.2156 | 0.0475 | pay 0.0059% / 1h | 45m 27s | $116 | $185K | 12x |
| Short | SunX XLM-USDT | 0.2190 | 0.0100 | get 0.0100% / 8h | 1h 45m | $2K | $1.7M | 20x |
Injective XLM/USDC PERP
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +1.563% → +0.237%
- $132.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $45.9
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago | 29.33 bp | 76.0 bp −$76 | doesn't fit | 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 | 0.2194 | +1.743% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0016% | 1h | 0.2187 | +1.453% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2194 | +1.750% | $596K | $800K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2195 | +1.814% | $57.2M | $148.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2196 | +1.841% | $44.8M | $42.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2195 | +1.809% | $13.3M | $42.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2192 | +1.679% | $4.0M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2193 | +1.725% | $26.0M | $25.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2192 | +1.651% | $14.7M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2196 | +1.860% | $26.3M | $18.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
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-USDT | +0.0100% | 8h | 0.2195 | +1.823% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2183 | +1.266% | $314K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2180 | +1.136% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2183 | +1.232% | $609K | $622K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2196 | +1.855% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2190 | +1.563% | $2K | $1.7M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2185 | +1.322% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2181 | +1.160% | $201K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2184 | +1.299% | $9.2M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2191 | +1.622% | $196K | $1.6M | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0138% | 1h | 0.2180 | +1.099% | $175K | $256K | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2181 | +1.141% | $2.4M | $6.3M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2173 | +0.775% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0340% | 1h | 0.2185 | +1.336% | $104K | $253K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0345% / S −0.0195% | 1h | 0.2193 | +1.731% | $50K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0375% | 1h | 0.2194 | +1.768% | $12.5M | $6.0M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2185 | +1.336% | $232K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERPlong | +0.0475% | 1h | 0.2156 | long leg | $116 | $185K | 12x | |
| Kraken Futures PF_XLMUSD | +0.0500% | 1h | 0.2185 | +1.345% | $2.6M | $2.6M | 50x | as long as short |
| Lighter XLM | +0.0664% | 1h | 0.2193 | +1.712% | $431K | $805K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0752% | 1h | 0.2197 | +1.902% | $545K | $174K | 25x | as long as short |
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
ApeX Omni XLMUSDT
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL