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+0.0025%/8h= +2.7% APRpaid last 24h −0.001%
Price spread now: Aster against Extended−0.057%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.057%, 7d avg +0.099%
Together, before fees+0.179%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.155% cheaper against Extended than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.099%). If the spread goes back, that is −$16 on $10k: about 21 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21250.0104pay 0.0013% / 1h28m 34s$191K$1.8M10x
ShortAster XLMUSDT0.21240.0129get 0.0129% / 8h6h 28m$568K$631K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
$5.2
Price spread: −0.057% → +0.099%
−$15.54
Slippage, 4 orders
−$26.86
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$50.2
Costs to cover
0.399%
Break-even
74.6 days
Slippage from Extended: live order book, 5 min ago; Aster: live order book, 39 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 Extended live order book, 5 min ago3.07 bp6.1 bp −$612.9 bp −$129doesn't fitdoesn't fit
Sell Aster live order book, 39 min ago3.00 bp12.0 bp −$1228.2 bp −$282doesn'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%1h0.2121−0.180%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.012%$683$241K12xas long as short
dYdX XLM-USD+0.0059%1h0.2123−0.097%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2125−0.017%$358K$900K5xas long as short
Binance XLMUSDT+0.0100%8h0.2126+0.029%$54.0M$155.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2125−0.012%$42.8M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2126+0.030%$12.7M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2124−0.045%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2126+0.035%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2124−0.055%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2126+0.039%$25.4M$20.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2126+0.025%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2123−0.106%$88K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2123−0.098%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125−0.029%$11K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.166%$593K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2124−0.069%$170K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123−0.106%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2125−0.026%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122−0.163%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.224%$196K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122−0.163%$8.9M$9.0M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2125long leg$191K$1.8M10x
Aster XLMUSDTshort+0.0129%8h0.2124−0.057%$568K$631K75x
Phoenix XLM+0.0187%1h0.2127+0.082%$5K$46K5xas long as short
Hyperliquid XLM+0.0205%1h0.2126+0.044%$12.2M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0381%1h0.2121−0.181%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2125−0.012%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2122−0.169%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0598%1h0.2123−0.088%$527K$150K25xas long as short