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−0.0527%/8h= −57.7% APRpaid last 24h −0.147%
Price spread now: Variational Omni against Deribit−0.131%7-day average −0.116% · 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 3 days (all we have)−0.300%−$30 on $10k
Price spread, last 3 days (all we have)−0.057%−$6 · spread now −0.131%, 7d avg −0.116%
Together, before fees−0.357%+ Points / potential airdropVariational Omni: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.116%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XLM_USDC-PERPETUAL0.21680.0627pay 0.0078% / 1h11m 37s$538K$150K25x
ShortVariational Omni XLM0.21650.0100get 0.0100% / 8h7h 11m$284K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Deribit. 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
−$110.67
Price spread: −0.131% → −0.116%
−$1.49
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$119.16
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 62 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Deribit live order book, 62 min ago2.56 bp6.1 bp −$613.6 bp −$136doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago6.92 bpdoesn't fit16.1 bp −$161doesn'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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.507%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2166−0.077%$4K150xas long as short
dYdX XLM-USD+0.0052%1h0.2167−0.026%$24K$2K10xas long as short
Lighter XLM+0.0096%1h0.2171+0.129%$400K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2169+0.043%$55.9M$150.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2168+0.009%$44.5M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2168+0.018%$13.2M$41.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2168−0.014%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2168−0.005%$25.1M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2167−0.037%$14.4M$10.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2168−0.014%$25.9M$19.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2168−0.018%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2166−0.088%$89K$260K20xas long as short
Variational Omni XLMshort+0.0100%8h0.2165−0.131%$284K$1.3M
edgeX XLMUSDC+0.0100%4h0.2168+0.021%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2169+0.053%$611K$590K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2168+0.018%$174K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2166−0.092%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2162−0.286%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2167−0.069%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2169+0.051%$200K$257K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2167−0.060%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2167−0.028%$193K$1.7M10xas long as short
Aster XLMUSDT+0.0155%8h0.2167−0.034%$581K$660K75xas long as short
Kraken Futures PF_XLMUSD+0.0182%1h0.2168−0.019%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2169+0.037%$2.3M$5.3M75xas long as short
Phoenix XLM+0.0223%1h0.2162−0.254%$5K$42K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2169+0.037%$235K$1.5M50xas long as short
Hyperliquid XLM+0.0527%1h0.2170+0.092%$12.6M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0614% / S −0.1223%1h0.2166−0.085%$174K100xas long as short
Deribit XLM_USDC-PERPETUALlong+0.0627%1h0.2168long leg$538K$150K25x