Funding you earn now, next payment 04:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.022%
Price spread now: GMX against Variational Omni−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.022% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2131 | 0.0100 | pay 0.0100% / 8h | 4h 14m | $255K | $1.3M | — |
| Short | GMX XLM/USD [WBTC.b-USDC] | 0.2131 | L +0.0519% / S −0.0247% | get 0.0031% / 1h | 14m 56s | $39K | — | 100x |
Variational Omni XLM
GMX XLM/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $30.79
- Price spread: −0.022% → 0.000%
- −$2.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $16.6
- Costs to cover
- 0.120%
- Break-even
- 3.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; GMX: 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 Variational Omni RFQ quote, 4 min ago | 7.03 bp | doesn't fit | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 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 | 0.2131 | +0.009% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.288% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2133 | +0.097% | $369K | $967K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2131 | −0.009% | $567K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2130 | −0.039% | $54.5M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2130 | −0.062% | $43.0M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2130 | −0.067% | $12.5M | $42.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2130 | −0.039% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2130 | −0.034% | $23.8M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2130 | −0.039% | $14.1M | $9.6M | 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
MEXC 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 | 0.2130 | −0.058% | $25.7M | $21.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2130 | −0.072% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2131 | +0.013% | $126K | $292K | 20x | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2131 | long leg | $255K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2135 | +0.178% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2136 | +0.219% | $591K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2135 | +0.201% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2132 | +0.041% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.058% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2132 | +0.018% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2133 | +0.074% | $197K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.046% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2130 | −0.047% | $192K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0195% | 1h | 0.2132 | +0.036% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2132 | +0.046% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2134 | +0.140% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0233% | 1h | 0.2131 | −0.018% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0265% | 1h | 0.2132 | +0.022% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2135 | +0.172% | $236K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]short | L +0.0519% / S −0.0247% | 1h | 0.2131 | −0.022% | $39K | — | 100x | |
| Deribit XLM_USDC-PERPETUAL | +0.0923% | 1h | 0.2133 | +0.102% | $529K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL