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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h −0.217%
Price spread now: Injective against BloFin−0.122%7-day average −0.248% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.489%−$49 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.122%, 7d avg −0.248%
Together, before fees−0.396%−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.126% dearer against BloFin than usual: you sell high and buy low (spread −0.122% now, against its 7-day average of −0.248%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21280.0220pay 0.0220% / 8h40m 02s$2.3M$5.5M75x
ShortInjective XLM/USDC PERP0.21250.0033get 0.0004% / 1h40m 02s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$39.2
Price spread: −0.122% → −0.248%
$12.57
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$38.65
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

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, 4 min ago0.47 bp11.4 bp −$1115.0 bp −$15026.9 bp −$2,688doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2121−0.290%$4K150xas long as short
Injective XLM/USDC PERPshort+0.0033%1h0.2125−0.122%$683$241K12x
Lighter XLM+0.0096%1h0.2124−0.174%$366K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123−0.204%$564K$595K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.269%$54.4M$161.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122−0.277%$43.0M$47.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2123−0.216%$12.1M$44.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121−0.310%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121−0.291%$24.3M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122−0.282%$14.0M$9.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2122−0.259%$25.5M$22.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2122−0.282%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2127−0.024%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126−0.064%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.023%$588K$597K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127−0.019%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2122−0.263%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2124−0.193%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122−0.282%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2126−0.071%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122−0.259%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.279%$190K$1.4M10xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2128long leg$2.3M$5.5M75x
Phoenix XLM+0.0264%1h0.2129+0.052%$4K$50K5xas long as short
Backpack XLM_USDC_PERP+0.0317%1h0.2122−0.273%$130K$347K20xas long as short
dYdX XLM-USD+0.0348%1h0.2126−0.062%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2125−0.122%$220K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121−0.306%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0549%1h0.2122−0.284%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0551%1h0.2123−0.216%$526K$172K25xas long as short
Hyperliquid XLM+0.0595%1h0.2124−0.150%$12.1M$6.5M5xas long as short