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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against edgeX+0.074%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.751%−$75 · spread now +0.074%, 7d avg −0.033%
Together, before fees−0.743%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$74 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.106% dearer against edgeX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21290.0100pay 0.0050% / 4h2h 23m$11K$302K10x
ShortExtended XLM-USD0.21310.0104get 0.0013% / 1h23m 17s$191K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.074% → −0.033%
$10.65
Slippage, 4 orders
−$13.17
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.69
Costs to cover
0.272%
Break-even
137.7 days
Slippage from edgeX: live order book, 45 min ago; Extended: live order book, 5 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 edgeX live order book, 45 min ago1.62 bp6.5 bp −$711.5 bp −$115doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago3.76 bp7.2 bp −$714.6 bp −$146doesn't fitdoesn't fit

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+0.046%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.191%$683$241K12xas long as short
dYdX XLM-USD+0.0069%1h0.2131+0.112%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2134+0.213%$360K$906K5xas long as short
Binance XLMUSDT+0.0100%8h0.2132+0.123%$54.1M$154.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2130+0.067%$42.9M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2131+0.086%$12.7M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2131+0.100%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2131+0.109%$23.9M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2131+0.095%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2131+0.109%$25.5M$20.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2131+0.072%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2132+0.128%$89K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2132+0.145%$255K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2129long leg$11K$302K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2131+0.090%$596K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133+0.194%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2131+0.091%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2129−0.027%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2131+0.091%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2130+0.053%$197K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2130+0.067%$8.9M$8.9M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2131+0.074%$191K$1.8M10x
Aster XLMUSDT+0.0131%8h0.2131+0.105%$570K$621K75xas long as short
Phoenix XLM+0.0187%1h0.2134+0.241%$5K$46K5xas long as short
Hyperliquid XLM+0.0253%1h0.2133+0.189%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2131+0.106%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2134+0.217%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2130+0.037%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0830%1h0.2132+0.161%$529K$149K25xas long as short