Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against MEXC+0.024%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.024%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLM_USDT | 0.2101 | 0.0100 | pay 0.0100% / 8h | 2h 25m | $24.1M | $28.3M | 300x |
| Short | Phemex XLMUSDT | 0.2102 | 0.0100 | get 0.0100% / 8h | 2h 25m | $8.7M | $9.0M | 50x |
MEXC XLM_USDT
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- $0
- Price spread: +0.024% → +0.006%
- $1.79
- Slippage, 4 orders
- −$18.82
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.02
- Costs to cover
- 0.308%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Phemex: live order book, 4 min ago.
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 MEXC live order book, 4 min ago | 0.24 bp | 2.4 bp −$2 | 9.4 bp −$94 | 31.2 bp −$3,122 | 82.4 bp −$41.2K |
| Sell Phemex live order book, 4 min ago | 5.00 bp | 14.2 bp −$14 | 24.1 bp −$241 | doesn't fit | doesn't fit |
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 | 0.2103 | +0.077% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +1.137% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2106 | +0.219% | $352K | $991K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2101 | +0.001% | $556K | $630K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2102 | +0.024% | $53.7M | $161.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2099 | −0.081% | $42.3M | $47.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2100 | −0.057% | $12.2M | $43.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2102 | +0.052% | $3.9M | $7.6M | 75x | as long as short |
| MEXC XLM_USDTlong | +0.0100% | 8h | 0.2101 | long leg | $24.1M | $28.3M | 300x | |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2103 | +0.109% | $13.8M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate 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 | 0.2103 | +0.081% | $25.3M | $22.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2104 | +0.114% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2099 | −0.114% | $130K | $314K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2097 | −0.188% | $250K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2096 | −0.243% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2101 | −0.007% | $582K | $615K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2094 | −0.328% | $168K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2104 | +0.138% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2101 | +0.014% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2103 | +0.086% | $573 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2102 | +0.033% | $194K | $251K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2102 | +0.024% | $8.7M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2103 | +0.079% | $188K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0144% | 1h | 0.2102 | +0.065% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0163% | 1h | 0.2104 | +0.143% | $12.0M | $6.5M | 5x | as long as short |
| dYdX XLM-USD | +0.0198% | 1h | 0.2101 | −0.025% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2102 | +0.029% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2097 | −0.205% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2094 | −0.328% | $223K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0515% / S −0.0228% | 1h | 0.2103 | +0.075% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1082% | 1h | 0.2105 | +0.200% | $522K | $163K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Extended XLM-USD
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL