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: SunX against Phemex−0.216%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1471.472% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.216%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.241% cheaper against Phemex than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2125 | 0.0100 | pay 0.0100% / 8h | 3h 07m | $8.9M | $9.0M | 50x |
| Short | SunX XLM-USDT | 0.2120 | 0.0100 | get 0.0100% / 8h | 3h 07m | $2K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Phemex. 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: −0.216% → +0.024%
- −$24.07
- Slippage, 4 orders
- −$127.19
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$171.26
- Costs to cover
- 1.472%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; SunX: live order book, 8 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 Phemex live order book, 1 min ago | 4.47 bp | 12.5 bp −$13 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 29.27 bp | 76.2 bp −$76 | doesn't fit | 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 | 0.2124 | −0.069% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | 0.000% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2129 | +0.193% | $374K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2127 | +0.091% | $565K | $624K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2127 | +0.118% | $54.5M | $158.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2126 | +0.042% | $43.0M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | +0.085% | $12.4M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2126 | +0.066% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2127 | +0.113% | $25.6M | $27.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2127 | +0.085% | $14.0M | $9.4M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2127 | +0.085% | $25.6M | $22.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2126 | +0.066% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | −0.089% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2123 | −0.104% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2123 | −0.099% | $595K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2129 | +0.207% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2125 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2120 | −0.216% | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2124 | −0.024% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.066% | $196K | $250K | 20x | as long as short |
| Phemex XLMUSDTlong | +0.0100% | 8h | 0.2125 | long leg | $8.9M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | +0.084% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0178% | 1h | 0.2128 | +0.151% | $12.2M | $6.4M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0186% | 1h | 0.2125 | −0.012% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2121 | −0.207% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2126 | +0.033% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0348% | 1h | 0.2126 | +0.033% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0377% | 1h | 0.2125 | +0.024% | $127K | $294K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2126 | +0.056% | $244K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2123 | −0.076% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0974% | 1h | 0.2127 | +0.071% | $527K | $162K | 25x | as long as short |
Phemex XLMUSDT
SunX XLM-USDT
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL