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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.182%
Price spread now: Injective against Extended−0.655%7-day average −0.114% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.303%−$30 on $10k
Price spread, last 4 days (all we have)+0.461%+$46 · spread now −0.655%, 7d avg −0.114%
Together, before fees+0.158%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.541% cheaper against Extended than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of −0.114%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21390.0104pay 0.0013% / 1h55m 23s$190K$1.8M10x
ShortInjective XLM/USDC PERP0.21250.0033get 0.0004% / 1h55m 23s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: −0.655% → −0.114%
−$54.09
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$73.95
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

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 ago2.81 bp8.1 bp −$816.5 bp −$165doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2140+0.068%$4K150xas long as short
Injective XLM/USDC PERPshort+0.0033%1h0.2125−0.655%$683$241K12x
dYdX XLM-USD+0.0045%1h0.2138−0.025%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2142+0.163%$371K$960K5xas long as short
Aster XLMUSDT+0.0100%8h0.2140+0.034%$569K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2141+0.079%$54.7M$155.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2140+0.070%$43.2M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2142+0.121%$12.5M$42.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2140+0.042%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2140+0.060%$23.8M$26.8M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2140+0.056%$14.1M$9.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2142+0.116%$25.9M$21.5M75xas long as short
BingX XLM-USDC+0.0100%8h0.2141+0.093%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2137−0.088%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2136−0.118%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2136−0.149%$591K$600K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2137−0.108%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2141+0.093%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2133−0.276%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2138−0.047%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2134−0.239%$197K$253K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2138−0.052%$9.0M$8.9M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2139long leg$190K$1.8M10x
Kraken Futures PF_XLMUSD+0.0185%1h0.2138−0.055%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0193%1h0.2142+0.135%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2137−0.113%$2.3M$5.1M75xas long as short
Phoenix XLM+0.0225%1h0.2137−0.085%$5K$46K5xas long as short
Backpack XLM_USDC_PERP+0.0437%1h0.2138−0.066%$126K$290K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2137−0.085%$239K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2140+0.034%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1107%1h0.2139+0.009%$531K$153K25xas long as short