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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.091%
Price spread now: edgeX against Coinbase International−0.076%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 4 days (all we have)−0.185%−$18 · spread now −0.076%, 7d avg −0.085%
Together, before fees−0.369%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XLM-PERP-INTX0.21420.0328pay 0.0041% / 1h3m 16s$215K$1.6M50x
ShortedgeX XLMUSDC0.21410.0100get 0.0050% / 4h3h 03m$12K$309K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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
−$47.88
Price spread: −0.076% → −0.085%
$0.84
Slippage, 4 orders
−$21.8
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$87.84
Costs to cover
0.408%
Break-even
never at this rate
Slippage from Coinbase International: live order book, just now; edgeX: live order book, 30 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 Coinbase International live order book, just now5.36 bp16.4 bp −$1633.2 bp −$332doesn't fitdoesn't fit
Sell edgeX live order book, 30 min ago1.66 bp6.6 bp −$7doesn'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%1h0.2144+0.102%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.808%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2147+0.224%$369K$932K5xas long as short
Aster XLMUSDT+0.0100%8h0.2147+0.243%$569K$545K75xas long as short
Binance XLMUSDT+0.0100%8h0.2146+0.168%$55.6M$156.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2145+0.126%$44.4M$44.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2145+0.140%$12.3M$45.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2145+0.126%$4.0M$7.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2146+0.177%$24.4M$29.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2146+0.159%$13.9M$9.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2146+0.159%$26.1M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2145+0.140%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2146+0.191%$121K$331K20xas long as short
Variational Omni XLM+0.0100%8h0.2141−0.054%$256K$1.3Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2141−0.076%$12K$309K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2143+0.039%$591K$548K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2140−0.126%$171K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2146+0.173%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2144+0.084%$2K$1.5M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2145+0.149%$584$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2144+0.084%$198K$189K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2145+0.107%$8.8M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2145+0.128%$191K$704K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2147+0.210%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2142−0.037%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTXlong+0.0328%1h0.2142long leg$215K$1.6M50x
Kraken Futures PF_XLMUSD+0.0336%1h0.2146+0.191%$2.6M$2.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0497% / S −0.0231%1h0.2145+0.106%$38K100xas long as short
Hyperliquid XLM+0.0556%1h0.2148+0.285%$12.4M$6.0M5xas long as short
dYdX XLM-USD+0.0848%1h0.2145+0.104%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0869%1h0.2147+0.233%$532K$110K25xas long as short