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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.039%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.039%, 7d avg −0.003%
Together, before fees+0.160%+ Points / potential airdropExtended: Active · farm board+$16 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: Extended is 0.036% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21220.0100pay 0.0100% / 8h4h 46m$42.9M$45.6M75x
ShortExtended XLM-USD0.21210.0104get 0.0013% / 1h46m 08s$189K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.039% → −0.003%
−$3.6
Slippage, 4 orders
−$19.49
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$38.26
Costs to cover
0.355%
Break-even
325.8 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 2 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, 3 min ago2.36 bp10.8 bp −$1115.8 bp −$15886.0 bp −$8,604doesn't fit
Sell Extended live order book, 2 min ago2.83 bp7.2 bp −$714.1 bp −$141doesn'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%1h0.2119−0.133%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.146%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2125+0.132%$371K$961K5xas long as short
Hyperliquid XLM+0.0100%1h0.2124+0.090%$12.2M$6.2M5xas long as short
Aster XLMUSDT+0.0100%8h0.2120−0.086%$564K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.050%$54.2M$154.7M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2122long leg$42.9M$45.6M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2122+0.024%$12.4M$42.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122−0.014%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2123+0.061%$23.7M$26.7M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2122+0.005%$14.0M$9.7M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2122−0.005%$25.5M$21.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122+0.024%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122+0.005%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2120−0.084%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.135%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2120−0.100%$591K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2118−0.184%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2122+0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.151%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123+0.033%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.094%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123+0.038%$9.0M$8.9M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2121−0.039%$189K$1.8M10x
BloFin XLM-USDT+0.0220%8h0.2118−0.179%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0225%1h0.2121−0.047%$5K$46K5xas long as short
Kraken Futures PF_XLMUSD+0.0266%1h0.2122+0.028%$2.6M$2.6M50xas long as short
dYdX XLM-USD+0.0295%1h0.2120−0.108%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2120−0.104%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2119−0.137%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1023%1h0.2124+0.080%$527K$153K25xas long as short