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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: edgeX against Extended−0.272%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.330%+$33 · spread now −0.272%, 7d avg +0.029%
Together, before fees+0.321%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$32 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: edgeX is 0.301% cheaper against Extended than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21520.0104pay 0.0013% / 1h21m 00s$193K$1.6M10x
ShortedgeX XLMUSDC0.21460.0100get 0.0050% / 4h2h 21m$12K$298K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$0.84
Price spread: −0.272% → +0.029%
−$30.11
Slippage, 4 orders
−$10.44
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$55.39
Costs to cover
0.244%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; edgeX: live order book, 2 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, 3 min ago2.56 bp5.9 bp −$612.8 bp −$128doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago1.16 bp6.0 bp −$668.4 bp −$684doesn'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%1h0.2151−0.042%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2151−0.040%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2151−0.013%$587K$793K75xas long as short
Binance XLMUSDT+0.0100%8h0.2152+0.023%$55.5M$145.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2151−0.010%$43.8M$41.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2150−0.066%$13.0M$40.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2151−0.019%$3.9M$5.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2152+0.032%$25.3M$25.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2151−0.014%$14.5M$10.4M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2152+0.023%$25.8M$17.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2152−0.005%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2152+0.013%$102K$221K20xas long as short
Variational Omni XLM+0.0100%8h0.2142−0.427%$207K$1.1Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2146−0.272%$12K$298K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2148−0.158%$602K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2146−0.270%$172K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2152+0.018%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2149−0.135%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2152−0.005%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2151−0.038%$201K$267K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2151−0.010%$9.0M$9.0M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2152long leg$193K$1.6M10x
Phoenix XLM+0.0187%1h0.2149−0.126%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2152+0.027%$2.3M$6.3M75xas long as short
Injective XLM/USDC PERP+0.0249%1h0.2127−1.144%$476$154K12xas long as short
Hyperliquid XLM+0.0263%1h0.2154+0.097%$12.0M$5.8M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0313% / S −0.0166%1h0.2151−0.023%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2155+0.162%$229K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0548%1h0.2152+0.037%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0726%1h0.2154+0.102%$535K$170K25xas long as short
Lighter XLM+0.0808%1h0.2155+0.171%$424K$803K5xas long as short