Funding you earn now, next payment 01:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.012%
Price spread now: Phoenix against SunX+0.114%69s7-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—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.114% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XLM-USDT | 0.2111 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $2K | $1.6M | 20x |
| Short | Phoenix XLM | 0.2113 | 0.0187 | get 0.0023% / 1h | 53m 36s | $5K | $46K | 5x |
SunX XLM-USDT
Phoenix XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $18.33
- Price spread: +0.114% → 0.000%
- $11.37
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $14.7
- Costs to cover
- 0.150%
- Break-even
- 1.4 days
Slippage unknown: SunX: live order book, 12 min ago; Phoenix: 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, 12 min ago | 29.40 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | 0.2112 | +0.075% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2116 | +0.256% | $356K | $900K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2117 | +0.294% | $54.2M | $153.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2116 | +0.237% | $42.7M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2116 | +0.261% | $12.6M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2114 | +0.156% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | +0.175% | $23.2M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2114 | +0.180% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2115 | +0.199% | $25.3M | $20.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2114 | +0.171% | — | $6.7M | — | as long as short |
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-USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2115 | +0.194% | $87K | $261K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.448% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2113 | +0.124% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | +0.175% | $585K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2110 | −0.028% | $169K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2114 | +0.156% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2111 | long leg | $2K | $1.6M | 20x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2114 | +0.137% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2114 | +0.175% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2115 | +0.206% | $188K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0108% | 8h | 0.2114 | +0.156% | $565K | $623K | 75x | as long as short |
| SoDEX XLM-USD | +0.0160% | 1h | 0.2116 | +0.232% | $2K | $6K | 5x | as long as short |
| Phoenix XLMshort | +0.0187% | 1h | 0.2113 | +0.114% | $5K | $46K | 5x | |
| dYdX XLM-USD | +0.0277% | 1h | 0.2113 | +0.129% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.0315% | 1h | 0.2116 | +0.242% | $12.2M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2117 | +0.298% | $233K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0465% | 1h | 0.2116 | +0.250% | $2.6M | $2.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0515% / S −0.0193% | 1h | 0.2112 | +0.067% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0791% | 1h | 0.2116 | +0.246% | $525K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.678% | $683 | $241K | 12x | as long as short |
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
SoDEX XLM-USD
dYdX XLM-USD
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP