Settings8H · net · $10k
Funding arb · Price arb /

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Aster−0.084%102s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.199%+$20 on $10k
Price spread, last 4 days (all we have)−0.685%−$69 · spread now −0.084%, 7d avg −0.041%
Together, before fees−0.486%+ Points / potential airdropAster: Stage 5 · farm board−$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.043% cheaper against Aster than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.041%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLMUSDT0.21240.0107pay 0.0107% / 8h5h 39m$565K$624K75x
ShortBloFin XLM-USDT0.21220.0220get 0.0220% / 8h5h 39m$2.3M$4.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$23.79
Price spread: −0.084% → −0.041%
−$4.34
Slippage, 4 orders
−$15.63
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$16.18
Costs to cover
0.356%
Break-even
11.8 days
Slippage from Aster: live order book, 23 min ago; BloFin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 23 min ago2.36 bp8.2 bp −$830.5 bp −$305doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago1.41 bp8.5 bp −$817.9 bp −$17936.0 bp −$3,596doesn't fit

XLM on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2118−0.256%$4K150xas long as short
Lighter XLM+0.0096%1h0.2124−0.009%$357K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2121−0.156%$54.3M$153.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2120−0.183%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120−0.169%$12.5M$41.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122−0.089%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2120−0.197%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120−0.178%$14.0M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2120−0.164%$25.5M$20.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2119−0.230%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2124−0.018%$93K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2122−0.085%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2122−0.073%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.184%$589K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.156%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2124+0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.051%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2124−0.004%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.009%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123−0.023%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2120−0.181%$189K$1.8M10xas long as short
Aster XLMUSDTlong+0.0107%8h0.2124long leg$565K$624K75x
BloFin XLM-USDTshort+0.0220%8h0.2122−0.084%$2.3M$4.9M75x
dYdX XLM-USD+0.0242%1h0.2120−0.198%$23K$2K10xas long as short
Phoenix XLM+0.0264%1h0.2128+0.180%$5K$46K5xas long as short
Hyperliquid XLM+0.0448%1h0.2123−0.061%$12.3M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0463%1h0.2123−0.050%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2126+0.114%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2118−0.282%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0692%1h0.2125+0.052%$527K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125+0.052%$683$241K12xas long as short