Funding you earn now, next payment 02:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.052%
Price spread now: Hyperliquid against Orderly+0.118%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.118% dearer against Orderly than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XLM_USDC_mythos | 0.2119 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $3K | $2K | 10x |
| Short | Hyperliquid XLM | 0.2122 | 0.0312 | get 0.0039% / 1h | 2m 12s | $12.2M | $6.3M | 5x |
Orderly PERP_XLM_USDC_mythos
Hyperliquid XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $44.55
- Price spread: +0.118% → 0.000%
- $11.8
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $41.35
- Costs to cover
- 0.150%
- Break-even
- 0.5 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 0.71 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | 0.2120 | +0.024% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.283% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | +0.132% | $357K | $913K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2121 | +0.085% | $54.1M | $154.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2120 | +0.042% | $42.9M | $45.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | +0.047% | $12.6M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2120 | +0.047% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | +0.080% | $23.4M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | +0.019% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2120 | +0.042% | $25.4M | $20.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
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-USDC | +0.0100% | 8h | 0.2120 | +0.033% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2120 | +0.061% | $87K | $259K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.053% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2120 | +0.045% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | +0.146% | $594K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2121 | +0.099% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythoslong | +0.0100% | 4h | 0.2119 | long leg | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2118 | −0.038% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | +0.042% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.080% | $196K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2121 | +0.094% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | +0.031% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0115% | 8h | 0.2121 | +0.080% | $566K | $624K | 75x | as long as short |
| dYdX XLM-USD | +0.0135% | 1h | 0.2118 | −0.056% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2121 | +0.104% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLMshort | +0.0312% | 1h | 0.2122 | +0.118% | $12.2M | $6.3M | 5x | |
| Kraken Futures PF_XLMUSD | +0.0382% | 1h | 0.2121 | +0.071% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2121 | +0.113% | $234K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2119 | +0.013% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0647% | 1h | 0.2121 | +0.085% | $526K | $151K | 25x | as long as short |
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
dYdX XLM-USD
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL