Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

XLM

All XLM markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
DeribitXLM_USDC-PERPETUAL
0.2255+0.0371pay 0.0046% / 1h59m 08s$471K$34K25xLong Deribit
SHORT
PopdexXLMUSDT
0.2253+0.0096get 0.0012% / 1h59m 08s$107K$181K50xShort Popdex
Price gap−0.102%
Funding gap−0.0275% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 9 hours. At the last 7 days' pace that is about 3 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$171−0.0275% /8h now · paid −1.715% over the last 7D
Price+$3spread −0.102% now, avg −0.132% → +0.030% if it goes back
Costs−$670.666% of $10k · taker + slippage, in and out
Result−$235−2.35%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.102%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XLM on 31 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size12.5 / 26.9 bp
    At $10k entering Popdex costs 26.9 bp, fee and slippage, 2.2× Deribit’s.
  • Note: Margin at max leverage$400 + $200
    Deribit 25x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$8.25Long Deribit: 24 payments, −$11.13; short Popdex: 24 payments, +$2.88.
  • OK: Entry gap works for you−0.102% vs −0.132%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$107K vs $471K OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCDeribit Yes · Popdex No
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0897%/8h × 21 periods−$188.29
Price spread−0.102% → −0.132% (7d avg)+$2.96
Slippage, 4 orderslive order books−$53.17
Fee Deribit bp × 2 orders−$7.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$251.91
Costs to cover0.666%Break-evennever at this rate
Slippage: Deribit: live order book, 34 min ago; Popdex: live order book, 33 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGDeribit2.0012.5 bp−$1319.8 bp−$198doesn’t fitdoesn’t fit
SELL · SHORTPopdex2.2226.9 bp−$27doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XLM news

posts that mention XLM, from every exchangeSearch all news →
09-29 08:55ApeX OmniOther50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗