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−0.0004%/8h= −0.5% APRnext payment $0.04 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster+0.004%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$570.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.004%, 7d avg −0.056%
Together, before fees−0.212%+ Points / potential airdropAster: Stage 5 · farm board−$21 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: KuCoin is 0.060% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLMUSDT0.21270.0104pay 0.0104% / 8h5h 33m$566K$624K75x
ShortKuCoin XLMUSDTM0.21270.0100get 0.0100% / 8h5h 33m$14.1M$9.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.88
Price spread: +0.004% → −0.056%
$5.98
Slippage, 4 orders
−$37
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$51.9
Costs to cover
0.570%
Break-even
never at this rate
Slippage from Aster: live order book, 29 min ago; KuCoin: live order book, 5 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, 29 min ago2.36 bp8.2 bp −$830.5 bp −$305doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago3.07 bp18.0 bp −$1835.7 bp −$357doesn't fitdoesn'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%1h0.2125−0.123%$4K150xas long as short
Lighter XLM+0.0096%1h0.2131+0.178%$358K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2130+0.139%$54.5M$153.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2130+0.126%$43.1M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2131+0.154%$12.6M$41.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127−0.001%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2130+0.131%$23.9M$26.8M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2127+0.004%$14.1M$9.9M75x
Bitget XLMUSDT+0.0100%8h0.2129+0.055%$25.6M$20.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2127−0.015%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2127−0.025%$93K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2125−0.110%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120−0.347%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2121−0.300%$587K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122−0.246%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126−0.067%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2125−0.128%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127−0.043%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2125−0.119%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.004%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2127−0.001%$189K$1.8M10xas long as short
Aster XLMUSDTlong+0.0104%8h0.2127long leg$566K$624K75x
dYdX XLM-USD+0.0219%1h0.2129+0.054%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2127−0.025%$2.3M$4.9M75xas long as short
Phoenix XLM+0.0264%1h0.2122−0.269%$5K$46K5xas long as short
Hyperliquid XLM+0.0450%1h0.2131+0.159%$12.3M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0462%1h0.2127−0.005%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2130+0.107%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2125−0.126%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0550%1h0.2127−0.020%$528K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.114%$683$241K12xas long as short