Funding you earn now, next payment 03:00 UTC+0.0981%/8h= +107.4% APRpaid last 24h −0.131%
Price spread now: Injective against SunX+0.768%7-day average −0.295% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.245%−$24 on $10k
+Price spread, last 3 days (all we have)−0.883%−$88 · spread now +0.768%, 7d avg −0.295%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Injective is 1.064% dearer against SunX than usual: you sell high and buy low: +$106 more if the spread goes back to its 7-day average of −0.295%. Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% 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 | SunX XLM-USDT | 0.2109 | 0.0100 | pay 0.0100% / 8h | 5h 54m | $2K | $1.6M | 20x |
| Short | Injective XLM/USDC PERP | 0.2125 | 0.1081 | get 0.0135% / 1h | 54m 48s | $683 | $241K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SunX. 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
- $205.99
- Price spread: +0.768% → −0.295%
- $106.36
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $304.33
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 10 min ago; Injective: no order-book sample. 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 SunX live order book, 10 min ago | 29.40 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 0.2110 | +0.049% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2115 | +0.280% | $356K | $900K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2114 | +0.227% | $53.9M | $153.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2112 | +0.138% | $42.7M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2112 | +0.142% | $12.5M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2114 | +0.237% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2113 | +0.190% | $23.2M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2113 | +0.190% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2112 | +0.161% | $25.3M | $20.7M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2114 | +0.247% | — | $7.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2113 | +0.199% | $87K | $261K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.538% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2112 | +0.129% | $12K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | +0.265% | $585K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2110 | +0.062% | $169K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2111 | +0.104% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2109 | long leg | $2K | $1.6M | 20x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2116 | +0.360% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2112 | +0.166% | $8.9M | $8.9M | 50x | as long as short |
| SoDEX XLM-USD | +0.0103% | 1h | 0.2112 | +0.128% | $2K | $6K | 5x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2114 | +0.241% | $188K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0108% | 8h | 0.2114 | +0.227% | $565K | $623K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2113 | +0.204% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0272% | 1h | 0.2114 | +0.266% | $12.2M | $6.1M | 5x | as long as short |
| dYdX XLM-USD | +0.0332% | 1h | 0.2112 | +0.132% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2119 | +0.474% | $233K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0465% | 1h | 0.2112 | +0.154% | $2.6M | $2.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2110 | +0.049% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0603% | 1h | 0.2112 | +0.138% | $524K | $153K | 25x | as long as short |
| Injective XLM/USDC PERPshort | +0.1081% | 1h | 0.2125 | +0.768% | $683 | $241K | 12x |
SunX XLM-USDT
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
HTX XLM-USDT
Phemex XLMUSDT
SoDEX XLM-USD
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL