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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bybit+0.391%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs+$4as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.391%, 7d avg +0.028%
Together, before fees−0.215%+ Points / potential airdropedgeX: Active · farm board−$21 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: edgeX is 0.362% dearer against Bybit than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21160.0100pay 0.0100% / 8h2h 54m$42.9M$46.5M75x
ShortedgeX XLMUSDC0.21240.0100get 0.0050% / 4h2h 54m$12K$305K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.391% → +0.028%
$36.23
Slippage, 4 orders
−$11.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$4.33
Costs to cover
0.319%
Break-even
from the start
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 58 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, 4 min ago2.36 bp7.9 bp −$815.9 bp −$15958.1 bp −$5,808doesn't fit
Sell edgeX live order book, 58 min ago1.16 bp6.0 bp −$664.5 bp −$645doesn'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%1h0.2116+0.022%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.425%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2120+0.208%$372K$959K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119+0.133%$562K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2117+0.066%$54.1M$159.5M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2116long leg$42.9M$46.5M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2117+0.038%$12.4M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2117+0.052%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2118+0.080%$25.2M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117+0.071%$13.9M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117+0.057%$25.5M$22.4M75xas long as short
BingX XLM-USDT+0.0100%8h0.2117+0.043%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2118+0.095%$126K$294K20xas long as short
Variational Omni XLM+0.0100%8h0.2121+0.242%$253K$1.3Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2124+0.391%$12K$305K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.383%$595K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2125+0.435%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2118+0.095%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2113−0.137%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2118+0.109%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.170%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2118+0.090%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2117+0.032%$190K$1.8M10xas long as short
Hyperliquid XLM+0.0124%1h0.2120+0.207%$12.1M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2119+0.144%$2.6M$2.7M50xas long as short
dYdX XLM-USD+0.0174%1h0.2119+0.122%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2120+0.175%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2126+0.473%$5K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2121+0.222%$234K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2116−0.002%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0742%1h0.2120+0.180%$526K$162K25xas long as short