Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Backpack against Aster+0.063%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.063%, 7d avg −0.059%
=Together, before fees−0.220%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.122% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XLMUSDT | 0.2144 | 0.0100 | pay 0.0100% / 8h | 4h 30m | $570K | $625K | 75x |
| Short | Backpack XLM_USDC_PERP | 0.2145 | 0.0100 | get 0.0013% / 1h | 30m 58s | $96K | $273K | 20x |
Aster XLMUSDT
Backpack XLM_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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: +0.063% → −0.059%
- $12.18
- Slippage, 4 orders
- −$24.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$30.61
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from Aster: live order book, 27 min ago; Backpack: live order book, 27 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 Aster live order book, 27 min ago | 3.06 bp | 13.5 bp −$14 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 27 min ago | 0.23 bp | 8.4 bp −$8 | 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 | 0.2142 | −0.051% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.865% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2145 | +0.049% | $371K | $967K | 5x | as long as short |
| Aster XLMUSDTlong | +0.0100% | 8h | 0.2144 | long leg | $570K | $625K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2148 | +0.229% | $55.0M | $154.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2147 | +0.161% | $43.4M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2149 | +0.231% | $12.6M | $42.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2148 | +0.208% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2148 | +0.198% | $23.9M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2147 | +0.180% | $14.2M | $9.7M | 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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2148 | +0.226% | $25.8M | $21.2M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2148 | +0.208% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERPshort | +0.0100% | 1h | 0.2145 | +0.063% | $96K | $273K | 20x | |
| Variational Omni XLM | +0.0100% | 8h | 0.2143 | −0.020% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | −0.866% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2125 | −0.856% | $591K | $592K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2134 | −0.431% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2144 | +0.021% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2142 | −0.096% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2144 | −0.002% | $584 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2141 | −0.119% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2143 | −0.016% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2147 | +0.161% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0116% | 1h | 0.2146 | +0.133% | $12.3M | $6.2M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2144 | +0.016% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2131 | −0.585% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0230% | 1h | 0.2142 | −0.091% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0263% | 1h | 0.2144 | +0.003% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2144 | +0.040% | $240K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2142 | −0.067% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1057% | 1h | 0.2145 | +0.077% | $532K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
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
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL