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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.002%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.577% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.002%, 7d avg +0.032%
Together, before fees−0.065%+ Points / potential airdropExtended: 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: Gate is 0.035% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21230.0104pay 0.0013% / 1h22m 41s$189K$819K10x
ShortGate XLM_USDT0.21230.0100get 0.0100% / 8h7h 22m$4.0M$7.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.002% → +0.032%
−$3.46
Slippage, 4 orders
−$37.66
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$61.96
Costs to cover
0.577%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; Gate: 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 Extended live order book, 20 min ago2.13 bp8.5 bp −$917.4 bp −$174doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.01 bp21.8 bp −$2250.5 bp −$505doesn'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%1h0.2119−0.187%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.073%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2126+0.115%$366K$929K5xas long as short
Aster XLMUSDT+0.0100%8h0.2124+0.035%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2125+0.073%$55.2M$159.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2123−0.002%$43.9M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2124+0.012%$12.2M$45.6M50xas long as short
Gate XLM_USDTshort+0.0100%8h0.2123−0.002%$4.0M$7.4M75x
MEXC XLM_USDT+0.0100%8h0.2125+0.064%$24.1M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2124+0.021%$14.0M$9.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2124+0.026%$25.6M$23.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2124+0.007%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122−0.078%$130K$343K20xas long as short
Variational Omni XLM+0.0100%8h0.2099−1.147%$251K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2106−0.815%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2107−0.760%$582K$556K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2105−0.888%$169K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120−0.162%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2116−0.360%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121−0.101%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.144%$195K$202K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2120−0.153%$8.7M$8.8M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2123long leg$189K$819K10x
BloFin XLM-USDT+0.0220%8h0.2122−0.049%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2104−0.892%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2122−0.063%$212K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0340%1h0.2121−0.106%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0506%1h0.2126+0.111%$12.2M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0247%1h0.2120−0.171%$39K100xas long as short
dYdX XLM-USD+0.0945%1h0.2123−0.039%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.1118%1h0.2123−0.021%$526K$136K25xas long as short