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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Variational Omni against BloFin−0.131%7-day average −0.056% · 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 4 days (all we have)−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.131%, 7d avg −0.056%
Together, before fees−0.119%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.075% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21260.0220pay 0.0220% / 8h1h 06m$2.3M$5.5M75x
ShortVariational Omni XLM0.21230.0100get 0.0100% / 8h1h 06m$253K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.131% → −0.056%
−$7.53
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$44.73
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 7 min ago0.47 bp8.6 bp −$911.3 bp −$11319.9 bp −$1,989doesn't fit
Sell Variational Omni RFQ quote, 2 min ago7.06 bpdoesn't fit21.2 bp −$212doesn'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%1h0.2125−0.056%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.042%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2129+0.155%$367K$947K5xas long as short
Aster XLMUSDT+0.0100%8h0.2126+0.019%$563K$615K75xas long as short
Binance XLMUSDT+0.0100%8h0.2127+0.042%$54.6M$162.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2125−0.028%$43.1M$47.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.21260.000%$12.2M$44.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2126−0.014%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2127+0.038%$24.8M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2126+0.009%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.21260.000%$25.5M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2126−0.005%$7.3Mas long as short
Variational Omni XLMshort+0.0100%8h0.2123−0.131%$253K$1.3M
edgeX XLMUSDC+0.0100%4h0.2124−0.092%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.181%$595K$591K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2123−0.118%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2125−0.042%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.151%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2126+0.014%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2122−0.183%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.052%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2126−0.009%$189K$1.5M10xas long as short
Backpack XLM_USDC_PERP+0.0209%1h0.2127+0.047%$130K$349K20xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2126long leg$2.3M$5.5M75x
Phoenix XLM+0.0263%1h0.2124−0.099%$4K$50K5xas long as short
Hyperliquid XLM+0.0302%1h0.2129+0.155%$12.1M$6.5M5xas long as short
dYdX XLM-USD+0.0309%1h0.2121−0.250%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0331%1h0.2128+0.082%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2123−0.155%$221K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2125−0.047%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1115%1h0.2128+0.089%$527K$168K25xas long as short