Funding you earn now, next payment 23:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h −0.001%
Price spread now: Aster against Backpack+0.059%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.059%, 7d avg +0.061%
=Together, before fees+0.074%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2173 | 0.0256 | pay 0.0032% / 1h | 49m 47s | $94K | $246K | 20x |
| Short | Aster XLMUSDT | 0.2175 | 0.0100 | get 0.0100% / 8h | 1h 49m | $591K | $799K | 75x |
Backpack XLM_USDC_PERP
Aster XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. 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
- −$32.69
- Price spread: +0.059% → +0.061%
- −$0.22
- Slippage, 4 orders
- −$21.24
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$72.15
- Costs to cover
- 0.392%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 33 min ago; Aster: live order book, 33 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 Backpack live order book, 33 min ago | 0.70 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 33 min ago | 1.86 bp | 11.4 bp −$11 | 28.8 bp −$288 | 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 | 0.2172 | −0.081% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0025% | 1h | 0.2173 | −0.037% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDTshort | +0.0100% | 8h | 0.2175 | +0.059% | $591K | $799K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2176 | +0.115% | $56.7M | $147.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2175 | +0.069% | $44.2M | $42.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2175 | +0.055% | $13.2M | $41.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2174 | +0.014% | $4.0M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2174 | +0.023% | $25.9M | $25.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2173 | −0.018% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2175 | +0.069% | $26.0M | $18.6M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2175 | +0.055% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2164 | −0.418% | $246K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2173 | −0.014% | $12K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2178 | +0.209% | $605K | $610K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2171 | −0.115% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2172 | −0.064% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2170 | −0.133% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2172 | −0.087% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2173 | −0.023% | $201K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2172 | −0.041% | $9.2M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2174 | +0.034% | $194K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2168 | −0.253% | $2.3M | $6.3M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2176 | +0.129% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERPlong | +0.0256% | 1h | 0.2173 | long leg | $94K | $246K | 20x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0342% / S −0.0194% | 1h | 0.2171 | −0.100% | $49K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0402% | 1h | 0.2176 | +0.129% | $12.3M | $6.0M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2173 | −0.032% | $231K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2156 | −0.801% | $116 | $185K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0503% | 1h | 0.2173 | −0.037% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0625% | 1h | 0.2173 | −0.005% | $539K | $174K | 25x | as long as short |
| Lighter XLM | +0.0632% | 1h | 0.2177 | +0.166% | $428K | $804K | 5x | as long as short |
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
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM