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: SunX against Bybit−0.120%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1441.436% 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 3 days (all we have)+0.189%+$19 · spread now −0.120%, 7d avg +0.077%
Together, before fees+0.271%+$27 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: SunX is 0.197% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21640.0100pay 0.0100% / 8h1h 27m$44.0M$43.8M75x
ShortSunX XLM-USDT0.21610.0100get 0.0100% / 8h1h 27m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.120% → +0.077%
−$19.7
Slippage, 4 orders
−$124.6
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$163.3
Costs to cover
1.436%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; SunX: live order book, 8 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 bp9.7 bp −$1014.4 bp −$14460.2 bp −$6,019doesn't fit
Sell SunX live order book, 8 min ago29.45 bp77.3 bp −$77doesn't fitdoesn'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%1h0.2163−0.062%$4K150xas long as short
dYdX XLM-USD+0.0013%1h0.2161−0.155%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2163−0.037%$586K$804K75xas long as short
Binance XLMUSDT+0.0100%8h0.2164+0.014%$56.2M$151.0M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2164long leg$44.0M$43.8M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2163−0.042%$13.1M$42.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2164−0.018%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2164+0.005%$26.1M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2164−0.005%$14.6M$10.6M75xas long as short
Bitget XLMUSDT+0.0100%8h0.21640.000%$25.8M$19.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2164−0.014%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2160−0.174%$297K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2161−0.146%$12K$298K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2165+0.032%$600K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.21640.000%$173K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2165+0.046%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2161−0.120%$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2164+0.014%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2163−0.055%$200K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2165+0.046%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2165+0.044%$193K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0188%1h0.2164+0.018%$102K$261K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2165+0.028%$2.4M$6.0M75xas long as short
Phoenix XLM+0.0221%1h0.2162−0.111%$5K$41K5xas long as short
Hyperliquid XLM+0.0316%1h0.2166+0.106%$12.3M$6.1M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2163−0.052%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2164−0.014%$233K$1.5M50xas long as short
Lighter XLM+0.0448%1h0.2168+0.180%$419K$812K5xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2035−5.961%$5K$238K12xas long as short
Kraken Futures PF_XLMUSD+0.0505%1h0.2166+0.080%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0582%1h0.2167+0.116%$538K$176K25xas long as short