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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0969%/8h= +106.1% APRpaid last 24h −0.194%
Price spread now: Injective against Aster+0.056%7-day average −0.208% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.302%−$30 on $10k
Price spread, last 4 days (all we have)−0.857%−$86 · spread now +0.056%, 7d avg −0.208%
Together, before fees−1.159%+ Points / potential airdropAster: Stage 5 · farm board−$116 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Injective is 0.265% dearer against Aster than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.208%. Mind the row above: over the last 7 days funding on this pair cost −0.302%, 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 -0.302% in total (about -15.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLMUSDT0.21240.0112pay 0.0112% / 8h5h 41m$565K$624K75x
ShortInjective XLM/USDC PERP0.21250.1081get 0.0135% / 1h41m 06s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$203.54
Price spread: +0.056% → −0.208%
$26.48
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$222.01
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: live order book, 22 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 22 min ago2.36 bp8.2 bp −$830.5 bp −$305doesn't fitdoesn'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 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%1h0.2121−0.111%$4K150xas long as short
Lighter XLM+0.0096%1h0.2123−0.028%$357K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2124−0.006%$54.4M$153.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2123−0.028%$43.0M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2124−0.005%$12.6M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121−0.127%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.080%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121−0.132%$14.0M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2123−0.019%$25.5M$20.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2122−0.085%$7.0Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2122−0.099%$92K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2122−0.081%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124+0.025%$12K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.188%$589K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.160%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2121−0.132%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.212%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121−0.127%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.179%$196K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2121−0.118%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2121−0.154%$189K$1.8M10xas long as short
Aster XLMUSDTlong+0.0112%8h0.2124long leg$565K$624K75x
dYdX XLM-USD+0.0214%1h0.2120−0.198%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2122−0.080%$2.3M$4.9M75xas long as short
Phoenix XLM+0.0264%1h0.2128+0.184%$5K$46K5xas long as short
Hyperliquid XLM+0.0450%1h0.2124+0.014%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0463%1h0.2121−0.123%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2123−0.047%$231K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0504%1h0.2122−0.071%$527K$153K25xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2122−0.106%$44K100xas long as short
Injective XLM/USDC PERPshort+0.1081%1h0.2125+0.056%$683$241K12x