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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against edgeX+0.028%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.072%−$7 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.028%, 7d avg −0.002%
Together, before fees−0.086%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$9 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: GRVT is 0.030% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21400.0100pay 0.0050% / 4h2h 23m$12K$297K10x
ShortGRVT XLM_USDT_Perp0.21410.0100get 0.0100% / 8h2h 23m$600K$611K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: +0.028% → −0.002%
$2.98
Slippage, 4 orders
−$9.47
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$24.49
Costs to cover
0.275%
Break-even
never at this rate
Slippage from edgeX: live order book, 64 min ago; GRVT: live order book, 64 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, 64 min ago1.40 bp6.1 bp −$655.1 bp −$551doesn't fitdoesn't fit
Sell GRVT live order book, 64 min ago1.17 bp6.6 bp −$713.4 bp −$134doesn'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
dYdX XLM-USD0.0000%1h0.2145+0.209%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2144+0.153%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2144+0.160%$585K$793K75xas long as short
Binance XLMUSDT+0.0100%8h0.2145+0.207%$55.3M$145.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2144+0.179%$43.6M$41.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2144+0.151%$13.0M$40.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2144+0.174%$3.9M$5.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2145+0.207%$25.1M$25.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2144+0.174%$14.4M$10.4M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2144+0.179%$25.7M$17.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2145+0.197%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2145+0.207%$102K$221K20xas long as short
Variational Omni XLM+0.0100%8h0.2142+0.091%$207K$1.1Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2140long leg$12K$297K10x
GRVT XLM_USDT_Perpshort+0.0100%8h0.2141+0.028%$600K$611K10x
ApeX Omni XLMUSDT+0.0100%1h0.2140−0.036%$171K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2145+0.211%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2142+0.067%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2145+0.188%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2144+0.141%$200K$267K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2144+0.141%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2144+0.186%$193K$1.6M10xas long as short
Phoenix XLM+0.0187%1h0.2143+0.137%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2145+0.235%$2.3M$6.3M75xas long as short
Injective XLM/USDC PERP+0.0249%1h0.2127−0.630%$476$154K12xas long as short
Hyperliquid XLM+0.0254%1h0.2146+0.272%$12.0M$5.8M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0312% / S −0.0166%1h0.2144+0.146%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2145+0.216%$228K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2145+0.226%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0636%1h0.2146+0.272%$533K$170K25xas long as short
Lighter XLM+0.0824%1h0.2149+0.412%$429K$788K5xas long as short