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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.096%
Price spread now: Orderly against Coinbase International−0.127%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Orderly is 0.127% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XLM-PERP-INTX0.21340.0440pay 0.0055% / 1h23m 25s$233K$1.5M50x
ShortOrderly PERP_XLM_USDC_mythos0.21310.0100get 0.0050% / 4h2h 23m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$71.4
Price spread: −0.127% → 0.000%
−$12.65
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$100.05
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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, 5 min ago2.35 bp13.3 bp −$1319.0 bp −$190doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XLM on 30 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%1h0.2130−0.171%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.408%$683$241K12xas long as short
dYdX XLM-USD+0.0069%1h0.2131−0.105%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2134−0.005%$360K$906K5xas long as short
Binance XLMUSDT+0.0100%8h0.2132−0.094%$54.1M$154.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2130−0.150%$42.9M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2131−0.131%$12.7M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2131−0.117%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2131−0.108%$23.9M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2131−0.122%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2131−0.108%$25.5M$20.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2131−0.145%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2132−0.089%$89K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2132−0.073%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2129−0.217%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2131−0.128%$596K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133−0.023%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2131−0.127%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2129−0.244%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2131−0.127%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2130−0.164%$197K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2130−0.150%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2131−0.144%$191K$1.8M10xas long as short
Aster XLMUSDT+0.0131%8h0.2131−0.112%$570K$621K75xas long as short
Phoenix XLM+0.0187%1h0.2134+0.023%$5K$46K5xas long as short
Hyperliquid XLM+0.0253%1h0.2133−0.028%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2131−0.111%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTXlong+0.0440%1h0.2134long leg$233K$1.5M50x
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2130−0.180%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0830%1h0.2132−0.056%$529K$149K25xas long as short