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: SunX against edgeX−0.243%74s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1341.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.524%+$52 · spread now −0.243%, 7d avg +0.033%
Together, before fees+0.524%+ Points / potential airdropedgeX: Active · farm board+$52 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: SunX is 0.275% cheaper against edgeX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21200.0100pay 0.0050% / 4h3h 46m$12K$309K10x
ShortSunX XLM-USDT0.21150.0100get 0.0100% / 8h7h 46m$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.243% → +0.033%
−$27.55
Slippage, 4 orders
−$116.68
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$161.23
Costs to cover
1.337%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; SunX: live order book, 9 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, 52 min ago1.42 bp6.3 bp −$693.7 bp −$937doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago21.88 bp68.6 bp −$69doesn't fitdoesn'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%1h0.2117−0.130%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.224%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2121+0.017%$365K$917K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119−0.072%$562K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2118−0.118%$55.2M$161.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117−0.153%$43.5M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2117−0.129%$12.1M$45.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2117−0.144%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2118−0.115%$24.4M$28.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2118−0.125%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117−0.134%$25.6M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2117−0.134%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2118−0.111%$129K$347K20xas long as short
Variational Omni XLM+0.0100%8h0.2122+0.090%$253K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2120long leg$12K$309K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2120−0.014%$591K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2120−0.030%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2118−0.106%$3K$24710xas long as short
SunX XLM-USDTshort+0.0100%8h0.2115−0.243%$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2117−0.129%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2118−0.101%$195K$219K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2118−0.106%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2117−0.148%$189K$1.0M10xas long as short
dYdX XLM-USD+0.0175%1h0.2118−0.123%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2119−0.049%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2121+0.031%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2121+0.045%$218K$1.7M50xas long as short
Kraken Futures PF_XLMUSD+0.0341%1h0.2118−0.092%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0428%1h0.2120+0.003%$12.1M$6.4M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2117−0.156%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0695%1h0.2119−0.054%$526K$149K25xas long as short