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 0.000%
Price spread now: Aster against Bybit−0.033%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$400.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.033%, 7d avg +0.091%
Together, before fees+0.183%+ Points / potential airdropAster: Stage 5 · farm board+$18 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: Aster is 0.124% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21640.0100pay 0.0100% / 8h56m 42s$44.1M$44.2M75x
ShortAster XLMUSDT0.21630.0100get 0.0100% / 8h56m 42s$580K$816K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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: −0.033% → +0.091%
−$12.39
Slippage, 4 orders
−$21.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.89
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 21 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 Bybit live order book, 2 min ago2.31 bp8.9 bp −$914.5 bp −$14550.9 bp −$5,091doesn't fit
Sell Aster live order book, 21 min ago3.00 bp11.8 bp −$1225.6 bp −$256doesn'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%1h0.2034−5.999%$5K$238K12xas long as short
dYdX XLM-USD0.0000%1h0.2164−0.006%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2163−0.036%$4K150xas long as short
Aster XLMUSDTshort+0.0100%8h0.2163−0.033%$580K$816K75x
Binance XLMUSDT+0.0100%8h0.2165+0.066%$56.0M$151.8M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2164long leg$44.1M$44.2M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2164+0.018%$13.1M$42.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2162−0.060%$4.1M$6.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.21640.000%$25.8M$25.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2163−0.037%$14.5M$10.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2164−0.005%$25.8M$19.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2163−0.023%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2163−0.032%$97K$271K20xas long as short
Variational Omni XLM+0.0100%8h0.2153−0.489%$296K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2160−0.173%$12K$299K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2159−0.231%$601K$625K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2159−0.217%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164+0.009%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2161−0.148%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2163−0.018%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2163−0.046%$200K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2164−0.005%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2163−0.049%$193K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2164+0.028%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0221%1h0.2163−0.018%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2163−0.030%$45K100xas long as short
Kraken Futures PF_XLMUSD+0.0412%1h0.2164+0.003%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2160−0.180%$234K$1.6M50xas long as short
Lighter XLM+0.0544%1h0.2168+0.203%$419K$809K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0582%1h0.2165+0.060%$537K$165K25xas long as short
Hyperliquid XLM+0.0603%1h0.2167+0.129%$12.3M$6.1M5xas long as short