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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%
Price spread now: Extended against BloFin−0.171%94s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.186%−$19 on $10k
Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.171%, 7d avg −0.051%
Together, before fees+0.044%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.120% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21200.0220pay 0.0220% / 8h2h 53m$2.3M$5.5M75x
ShortExtended XLM-USD0.21160.0104get 0.0013% / 1h53m 24s$190K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$24.36
Price spread: −0.171% → −0.051%
−$11.99
Slippage, 4 orders
−$17.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$71.11
Costs to cover
0.348%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago1.41 bp9.8 bp −$1012.3 bp −$12325.2 bp −$2,520doesn't fit
Sell Extended live order book, 5 min ago2.12 bp6.7 bp −$716.3 bp −$163doesn'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%1h0.2117−0.105%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.250%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2120+0.038%$372K$959K5xas long as short
Aster XLMUSDT+0.0100%8h0.2118−0.091%$562K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2117−0.120%$54.1M$159.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2116−0.175%$42.9M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2117−0.151%$12.4M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2117−0.123%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2119−0.047%$25.2M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117−0.137%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2116−0.160%$25.6M$22.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2118−0.071%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2116−0.156%$126K$294K20xas long as short
Variational Omni XLM+0.0100%8h0.2121+0.067%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.047%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.208%$595K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2125+0.259%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2116−0.175%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2112−0.373%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2117−0.151%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2117−0.109%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2117−0.132%$8.9M$9.0M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2116−0.171%$190K$1.8M10x
Hyperliquid XLM+0.0132%1h0.2119−0.057%$12.1M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2117−0.125%$2.6M$2.7M50xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2120long leg$2.3M$5.5M75x
Phoenix XLM+0.0226%1h0.2118−0.085%$4K$49K5xas long as short
dYdX XLM-USD+0.0227%1h0.2117−0.148%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2121+0.047%$234K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2118−0.087%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0790%1h0.2118−0.094%$525K$162K25xas long as short