Funding arb · Price arb /

XLM

all XLM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against edgeX+0.033%100s7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.484% of the position

Long on edgeX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.033% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XLMUSDC	0.2136	0.0100	pay 0.0050% / 4h	3h 55m	$12K	$304K	10x
Short	BingX XLM-USDC	0.2136	0.0100	get 0.0100% / 8h	3h 55m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee BingXbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → 0.000%: $3.27
Slippage, 4 orders: −$29.42
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$45.15
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from edgeX: live order book, 62 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 62 min ago	1.41 bp	6.3 bp −$6	59.4 bp −$594	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.94 bp	24.9 bp −$25	93.9 bp −$939	1173.7 bp −$117.4K	1385.1 bp −$692.6K

XLM on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2134	−0.053%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	−0.496%	$683	$241K	12x	as long as short
dYdX XLM-USD	+0.0060%	1h	0.2133	−0.140%	$23K	$2K	10x	as long as short
Lighter XLM	+0.0096%	1h	0.2140	+0.206%	$370K	$960K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2136	+0.021%	$568K	$622K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2137	+0.058%	$54.6M	$155.6M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2136	+0.028%	$43.1M	$45.7M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2137	+0.084%	$12.5M	$42.7M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2135	−0.019%	$4.0M	$6.8M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2136	+0.009%	$23.8M	$26.8M	300x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XLMUSDTM	+0.0100%	8h	0.2136	0.000%	$14.1M	$9.5M	75x	as long as short
Bitget XLMUSDT	+0.0100%	8h	0.2135	−0.014%	$25.8M	$21.5M	75x	as long as short
BingX XLM-USDCshort	+0.0100%	8h	0.2136	+0.033%	—	$6.7M	—
Variational Omni XLM	+0.0100%	8h	0.2137	+0.071%	$255K	$1.3M	—	as long as short
edgeX XLMUSDClong	+0.0100%	4h	0.2136	long leg	$12K	$304K	10x
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2134	−0.074%	$590K	$600K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2136	0.000%	$171K	$258K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2138	+0.112%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2133	−0.117%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2138	+0.112%	$582	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2134	−0.080%	$197K	$253K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2138	+0.108%	$9.0M	$8.9M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2135	−0.027%	$190K	$1.8M	10x	as long as short
Hyperliquid XLM	+0.0179%	1h	0.2139	+0.150%	$12.3M	$6.3M	5x	as long as short
Kraken Futures PF_XLMUSD	+0.0185%	1h	0.2138	+0.105%	$2.6M	$2.7M	50x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2137	+0.047%	$2.3M	$5.1M	75x	as long as short
Phoenix XLM	+0.0225%	1h	0.2137	+0.075%	$5K	$46K	5x	as long as short
Backpack XLM_USDC_PERP	+0.0437%	1h	0.2138	+0.094%	$126K	$290K	20x	as long as short
Coinbase International XLM-PERP-INTX	+0.0464%	1h	0.2137	+0.075%	$239K	$1.5M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0518% / S −0.0247%	1h	0.2135	−0.041%	$39K	—	100x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.1107%	1h	0.2139	+0.168%	$531K	$153K	25x	as long as short