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 −0.020%
Price spread now: GRVT against Bitget+0.057%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$410.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.057%, 7d avg +0.001%
Together, before fees+0.030%+ Points / potential airdropGRVT: Active · farm board+$3 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 0.056% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLMUSDT0.21970.0100pay 0.0100% / 8h1h 43m$26.3M$18.8M75x
ShortGRVT XLM_USDT_Perp0.21980.0100get 0.0100% / 8h1h 43m$609K$626K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.057% → +0.001%
$5.59
Slippage, 4 orders
−$19.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$34.92
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 39 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, 5 min ago0.23 bp11.3 bp −$1117.1 bp −$17135.3 bp −$3,526doesn't fit
Sell GRVT live order book, 39 min ago1.63 bp9.4 bp −$929.2 bp −$292doesn'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%1h0.2195−0.094%$4K150xas long as short
dYdX XLM-USD+0.0014%1h0.2195−0.070%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2197−0.011%$597K$800K75xas long as short
Binance XLMUSDT+0.0100%8h0.2195−0.059%$57.2M$149.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2195−0.082%$44.7M$43.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2195−0.086%$13.4M$42.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2197−0.014%$4.0M$6.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2198+0.050%$25.9M$25.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2197−0.009%$14.8M$10.6M75xas long as short
Bitget XLMUSDTlong+0.0100%8h0.2197long leg$26.3M$18.8M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2195−0.096%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2183−0.615%$314K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2192−0.227%$12K$301K10xas long as short
GRVT XLM_USDT_Perpshort+0.0100%8h0.2198+0.057%$609K$626K10x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2195−0.082%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2197+0.023%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2199+0.086%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2198+0.050%$203K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2201+0.182%$9.3M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2197−0.002%$196K$1.6M10xas long as short
ApeX Omni XLMUSDT+0.0128%1h0.2194−0.141%$176K$256K50xas long as short
BloFin XLM-USDT+0.0220%8h0.2196−0.036%$2.4M$6.4M75xas long as short
Phoenix XLM+0.0221%1h0.2198+0.036%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0345% / S −0.0196%1h0.2194−0.132%$50K100xas long as short
Hyperliquid XLM+0.0359%1h0.2199+0.082%$12.5M$6.0M5xas long as short
Backpack XLM_USDC_PERP+0.0394%1h0.2201+0.187%$103K$254K20xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2200+0.127%$239K$1.6M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2156−1.857%$116$185K12xas long as short
Kraken Futures PF_XLMUSD+0.0497%1h0.2201+0.171%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0614%1h0.2200+0.159%$546K$174K25xas long as short
Lighter XLM+0.0664%1h0.2201+0.182%$426K$812K5xas long as short