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: MEXC against Bybit+0.083%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.083%, 7d avg +0.030%
Together, before fees−0.024%−$2 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: MEXC is 0.053% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21670.0100pay 0.0100% / 8h2h 09m$44.0M$41.9M75x
ShortMEXC XLM_USDT0.21690.0100get 0.0100% / 8h2h 09m$26.0M$25.6M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.083% → +0.030%
$5.28
Slippage, 4 orders
−$14.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$20.18
Costs to cover
0.255%
Break-even
never at this rate
Slippage from Bybit: live order book, 10 min ago; MEXC: live order book, 9 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, 10 min ago2.32 bp10.5 bp −$1018.4 bp −$18447.8 bp −$4,781doesn't fit
Sell MEXC live order book, 9 min ago0.46 bp1.7 bp −$28.1 bp −$8139.2 bp −$3,921116.0 bp −$58.0K

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
dYdX XLM-USD0.0000%1h0.2168+0.045%$24K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2167+0.013%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2169+0.110%$593K$796K75xas long as short
Binance XLMUSDT+0.0100%8h0.2168+0.042%$56.4M$146.6M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2167long leg$44.0M$41.9M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2166−0.018%$13.2M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2168+0.055%$3.9M$5.9M75xas long as short
MEXC XLM_USDTshort+0.0100%8h0.2169+0.083%$26.0M$25.6M300x
KuCoin XLMUSDTM+0.0100%8h0.2168+0.055%$14.6M$10.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2168+0.046%$26.0M$18.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2167+0.028%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2173+0.282%$103K$223K20xas long as short
Variational Omni XLM+0.0100%8h0.2164−0.109%$239K$1.1Mas long as short
edgeX XLMUSDC+0.0100%4h0.2165−0.063%$12K$298K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2169+0.118%$603K$610K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2167−0.005%$174K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2166−0.037%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2166−0.042%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2167+0.032%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2167+0.023%$200K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2166−0.018%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2167+0.029%$194K$1.6M10xas long as short
Phoenix XLM+0.0187%1h0.2162−0.212%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2167+0.014%$2.3M$6.3M75xas long as short
Injective XLM/USDC PERP+0.0249%1h0.2127−1.837%$476$154K12xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0314% / S −0.0166%1h0.2167−0.003%$45K100xas long as short
Hyperliquid XLM+0.0332%1h0.2172+0.231%$12.3M$5.9M5xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2170+0.166%$231K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0544%1h0.2168+0.054%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0673%1h0.2169+0.120%$538K$170K25xas long as short
Lighter XLM+0.0816%1h0.2172+0.226%$427K$804K5xas long as short