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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against BingX−0.622%85s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 3 days (all we have)+0.692%+$69 · spread now −0.622%, 7d avg +0.003%
Together, before fees+0.739%+ Points / potential airdropedgeX: Active · farm board+$74 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: edgeX is 0.625% cheaper against BingX than usual: you would sell low and buy high, −$63 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDT0.21440.0100pay 0.0100% / 8h2h 26m$6.9M
ShortedgeX XLMUSDC0.21310.0100get 0.0050% / 4h2h 26m$12K$300K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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
Price spread: −0.622% → +0.003%
−$62.52
Slippage, 4 orders
−$6.37
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$87.89
Costs to cover
0.254%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; edgeX: live order book, 62 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 BingX live order book, 7 min ago0.23 bp7.5 bp −$810.7 bp −$10722.4 bp −$2,240112.3 bp −$56.2K
Sell edgeX live order book, 62 min ago1.40 bp6.1 bp −$656.9 bp −$569doesn'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
dYdX XLM-USD0.0000%1h0.2142−0.116%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2143−0.076%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2144−0.023%$588K$793K75xas long as short
Binance XLMUSDT+0.0100%8h0.2145+0.033%$55.3M$144.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2144−0.019%$43.6M$41.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2144−0.028%$13.0M$40.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2144−0.023%$3.9M$5.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2145+0.033%$25.1M$25.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2144−0.019%$14.3M$10.3M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2145+0.005%$25.7M$17.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDTlong+0.0100%8h0.2144long leg$6.9M
Backpack XLM_USDC_PERP+0.0100%1h0.2145+0.042%$102K$221K20xas long as short
Variational Omni XLM+0.0100%8h0.2130−0.653%$206K$1.1Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2131−0.622%$12K$300K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2131−0.603%$598K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2130−0.648%$171K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2143−0.065%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2141−0.140%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2144−0.014%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2142−0.103%$200K$267K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2144−0.014%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2144−0.036%$192K$1.6M10xas long as short
Phoenix XLM+0.0187%1h0.2138−0.298%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2142−0.131%$2.3M$6.3M75xas long as short
Injective XLM/USDC PERP+0.0249%1h0.2127−0.811%$476$154K12xas long as short
Hyperliquid XLM+0.0252%1h0.2146+0.089%$12.0M$5.8M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0312% / S −0.0166%1h0.2143−0.059%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2145+0.033%$228K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2144+0.002%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0730%1h0.2146+0.061%$533K$170K25xas long as short
Lighter XLM+0.0800%1h0.2149+0.224%$429K$788K5xas long as short