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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against edgeX−0.281%83s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.281%, 7d avg +0.004%
Together, before fees+0.063%+ Points / potential airdropedgeX: Active · farm board+$6 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: KuCoin is 0.285% cheaper against edgeX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21070.0100pay 0.0050% / 4h3h 26m$12K$310K10x
ShortKuCoin XLMUSDTM0.21010.0100get 0.0100% / 8h7h 26m$13.8M$9.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.281% → +0.004%
−$28.51
Slippage, 4 orders
−$30.06
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.57
Costs to cover
0.511%
Break-even
never at this rate
Slippage from edgeX: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago1.66 bp6.5 bp −$740.8 bp −$408doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago0.95 bp21.3 bp −$2139.0 bp −$390doesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2099−0.348%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.862%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2104−0.134%$363K$926K5xas long as short
Aster XLMUSDT+0.0100%8h0.2102−0.230%$557K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2103−0.182%$54.6M$160.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2103−0.182%$43.4M$46.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2104−0.125%$12.1M$45.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2101−0.296%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2101−0.258%$24.1M$29.1M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2101−0.281%$13.8M$9.0M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2100−0.310%$25.3M$23.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2101−0.286%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2101−0.272%$128K$343K20xas long as short
Variational Omni XLM+0.0100%8h0.2106−0.032%$251K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2107long leg$12K$310K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2107+0.003%$587K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2106−0.025%$169K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2101−0.277%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2100−0.338%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2101−0.296%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2103−0.187%$194K$202K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2102−0.229%$8.6M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2100−0.313%$187K$848K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2104−0.125%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2103−0.163%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2103−0.182%$210K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0343%1h0.2101−0.278%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0479%1h0.2103−0.163%$12.1M$6.4M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0514% / S −0.0247%1h0.2100−0.346%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0607%1h0.2102−0.225%$521K$140K25xas long as short
dYdX XLM-USD+0.0999%1h0.2101−0.291%$26K$5K10xas long as short