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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against BingX+0.198%84s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.198%, 7d avg +0.003%
Together, before fees−0.015%+ Points / potential airdropGRVT: Active · farm board−$1 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: GRVT is 0.195% dearer against BingX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDT0.21240.0100pay 0.0100% / 8h5h 40m$7.0M
ShortGRVT XLM_USDT_Perp0.21280.0100get 0.0100% / 8h5h 40m$589K$598K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.198% → +0.003%
$19.5
Slippage, 4 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$14.5
Costs to cover
0.340%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; GRVT: live order book, 23 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, 12 min ago0.24 bp7.8 bp −$810.0 bp −$10021.8 bp −$2,177136.7 bp −$68.4K
Sell GRVT live order book, 23 min ago1.65 bp10.7 bp −$1117.3 bp −$173doesn'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%1h0.2123−0.033%$4K150xas long as short
Lighter XLM+0.0096%1h0.2126+0.094%$357K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2124+0.014%$54.4M$153.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2123−0.019%$43.0M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2123−0.038%$12.6M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2123−0.009%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.21240.000%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123−0.009%$14.0M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.21240.000%$25.5M$20.8M75xas long as short
BingX XLM-USDTlong+0.0100%8h0.2124long leg$7.0M
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2124−0.005%$93K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2122−0.071%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124+0.034%$12K$302K10xas long as short
GRVT XLM_USDT_Perpshort+0.0100%8h0.2128+0.198%$589K$598K10x
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.170%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2124+0.019%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.038%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2124+0.009%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124+0.005%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123−0.009%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2123−0.031%$189K$1.8M10xas long as short
Aster XLMUSDT+0.0108%8h0.2124+0.028%$565K$624K75xas long as short
dYdX XLM-USD+0.0219%1h0.2122−0.084%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2122−0.071%$2.3M$4.9M75xas long as short
Phoenix XLM+0.0264%1h0.2128+0.193%$5K$46K5xas long as short
Hyperliquid XLM+0.0452%1h0.2125+0.089%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0463%1h0.2123−0.036%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2126+0.127%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2123−0.035%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0692%1h0.2125+0.066%$527K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125+0.066%$683$241K12xas long as short