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

XLM

all XLM markets
SwapBacktest
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: MEXC against edgeX−0.047%83s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.047%, 7d avg +0.001%
Together, before fees−0.030%+ Points / potential airdropedgeX: Active · farm board−$3 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: MEXC is 0.048% cheaper against edgeX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.001%. 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 XLMUSDC0.21280.0100pay 0.0050% / 4h1h 58m$12K$308K10x
ShortMEXC XLM_USDT0.21270.0100get 0.0100% / 8h1h 58m$24.4M$28.3M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.047% → +0.001%
−$4.79
Slippage, 4 orders
−$7.89
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$21.67
Costs to cover
0.169%
Break-even
never at this rate
Slippage from edgeX: live order book, 50 min ago; MEXC: live order book, 1 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, 50 min ago1.18 bp5.9 bp −$649.4 bp −$494doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.23 bp2.7 bp −$38.1 bp −$8139.7 bp −$3,969115.0 bp −$57.5K

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%1h0.2128−0.020%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2126−0.073%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.141%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2130+0.075%$357K$930K5xas long as short
Aster XLMUSDT+0.0100%8h0.2126−0.097%$563K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2127−0.033%$54.7M$162.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2126−0.103%$43.1M$47.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2127−0.052%$12.3M$44.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2126−0.089%$3.9M$7.7M75xas long as short
MEXC XLM_USDTshort+0.0100%8h0.2127−0.047%$24.4M$28.3M300x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2127−0.066%$13.9M$9.4M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2126−0.080%$25.6M$22.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2126−0.075%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2126−0.089%$254K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2128long leg$12K$308K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2128−0.017%$590K$602K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2128−0.019%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.21280.000%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2125−0.146%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127−0.056%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2129+0.028%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127−0.028%$8.8M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2127−0.069%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2124−0.169%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.2127−0.056%$4K$49K5xas long as short
Backpack XLM_USDC_PERP+0.0312%1h0.2127−0.042%$131K$329K20xas long as short
Kraken Futures PF_XLMUSD+0.0332%1h0.2127−0.032%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0404%1h0.2128+0.019%$12.1M$6.6M5xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2131+0.127%$223K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2127−0.054%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0879%1h0.2129+0.052%$528K$167K25xas long as short