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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin+0.174%82s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.199%−$20 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.174%, 7d avg +0.043%
Together, before fees−0.193%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.130% dearer against BloFin than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.043%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21520.0220pay 0.0220% / 8h1m 51s$2.3M$5.5M75x
ShortAster XLMUSDT0.21560.0100get 0.0100% / 8h1m 51s$578K$752K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: +0.174% → +0.043%
$13.01
Slippage, 4 orders
−$24.35
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$56.54
Costs to cover
0.443%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; Aster: live order book, 11 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 BloFin live order book, 7 min ago3.25 bp9.5 bp −$1012.9 bp −$12923.3 bp −$2,325doesn't fit
Sell Aster live order book, 11 min ago2.55 bp14.5 bp −$1431.2 bp −$312doesn'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
Injective XLM/USDC PERP−0.5000%1h0.2157+0.209%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2153+0.005%$4K150xas long as short
dYdX XLM-USD+0.0090%1h0.2152−0.037%$23K$3K10xas long as short
Aster XLMUSDTshort+0.0100%8h0.2156+0.174%$578K$752K75x
Binance XLMUSDT+0.0100%8h0.2153+0.019%$55.5M$151.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2152−0.023%$43.7M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2152−0.014%$13.0M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2153+0.009%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2154+0.056%$24.9M$26.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2153+0.014%$14.3M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2152−0.005%$25.6M$19.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2152−0.009%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2154+0.056%$89K$271K20xas long as short
Variational Omni XLM+0.0100%8h0.2145−0.339%$267K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2148−0.188%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2152−0.038%$595K$604K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2148−0.218%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2154+0.070%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2155+0.107%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2153+0.019%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2152−0.014%$198K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2153+0.005%$9.0M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.21530.000%$192K$1.6M10xas long as short
Lighter XLM+0.0168%1h0.2156+0.163%$397K$836K5xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2152long leg$2.3M$5.5M75x
Phoenix XLM+0.0222%1h0.2149−0.167%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0315% / S −0.0167%1h0.2152−0.007%$45K100xas long as short
Hyperliquid XLM+0.0323%1h0.2155+0.107%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0414%1h0.2153+0.043%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2155+0.098%$229K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0772%1h0.2155+0.107%$535K$161K25xas long as short