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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget−0.009%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.009%, 7d avg +0.075%
Together, before fees+0.178%+ Points / potential airdropAster: Stage 5 · farm board+$18 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: Aster is 0.084% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLMUSDT0.21760.0100pay 0.0100% / 8h1h 49m$26.1M$18.6M75x
ShortAster XLMUSDT0.21760.0100get 0.0100% / 8h1h 49m$591K$799K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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: −0.009% → +0.075%
−$8.44
Slippage, 4 orders
−$21.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$49.5
Costs to cover
0.411%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago0.23 bp11.9 bp −$1223.6 bp −$236doesn't fitdoesn't fit
Sell Aster live order book, 33 min ago1.86 bp11.4 bp −$1128.8 bp −$288doesn'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%1h0.2172−0.195%$4K150xas long as short
dYdX XLM-USD+0.0022%1h0.2174−0.097%$24K$3K10xas long as short
Aster XLMUSDTshort+0.0100%8h0.2176−0.009%$591K$799K75x
Binance XLMUSDT+0.0100%8h0.2175−0.018%$56.7M$147.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2175−0.028%$44.2M$42.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2175−0.032%$13.2M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2174−0.087%$4.0M$5.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2176−0.014%$25.9M$25.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2175−0.060%$14.6M$10.5M75xas long as short
Bitget XLMUSDTlong+0.0100%8h0.2176long leg$26.1M$18.6M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2176+0.005%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2164−0.532%$246K$1.1Mas long as short
edgeX XLMUSDC+0.0100%4h0.2167−0.427%$12K$299K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2178+0.094%$605K$610K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2171−0.230%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2172−0.179%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2170−0.248%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2172−0.202%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2173−0.138%$201K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2172−0.156%$9.2M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2175−0.027%$194K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2168−0.368%$2.3M$6.3M75xas long as short
Phoenix XLM+0.0221%1h0.2176+0.014%$5K$41K5xas long as short
Backpack XLM_USDC_PERP+0.0256%1h0.2173−0.115%$94K$246K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0342% / S −0.0194%1h0.2171−0.215%$49K100xas long as short
Hyperliquid XLM+0.0402%1h0.2176+0.014%$12.3M$6.0M5xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2173−0.147%$231K$1.5M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2156−0.915%$116$185K12xas long as short
Kraken Futures PF_XLMUSD+0.0503%1h0.2173−0.152%$2.6M$2.6M50xas long as short
Lighter XLM+0.0608%1h0.2179+0.133%$429K$804K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0625%1h0.2173−0.119%$539K$174K25xas long as short