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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.086%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.086%, 7d avg +0.042%
Together, before fees−0.082%+ Points / potential airdropExtended: Active · farm board−$8 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: KuCoin is 0.045% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21630.0104pay 0.0013% / 1h15m 08s$194K$1.6M10x
ShortKuCoin XLMUSDTM0.21640.0100get 0.0100% / 8h1h 15m$14.6M$10.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.086% → +0.042%
$4.48
Slippage, 4 orders
−$27.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$40.77
Costs to cover
0.444%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; KuCoin: live order book, 4 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 ago2.77 bp6.2 bp −$613.3 bp −$133doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago1.39 bp17.5 bp −$1735.5 bp −$355doesn'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%1h0.2163+0.031%$4K150xas long as short
dYdX XLM-USD+0.0022%1h0.2164+0.073%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2166+0.181%$587K$805K75xas long as short
Binance XLMUSDT+0.0100%8h0.2166+0.144%$56.3M$150.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2165+0.091%$44.0M$43.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2163+0.040%$13.1M$42.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2164+0.059%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2165+0.133%$26.3M$26.5M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2164+0.086%$14.6M$10.5M75x
Bitget XLMUSDT+0.0100%8h0.2165+0.100%$25.9M$19.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2165+0.114%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2166+0.171%$297K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2163+0.027%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2166+0.141%$600K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2163+0.003%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164+0.068%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2162−0.001%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2164+0.068%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2165+0.133%$200K$263K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2165+0.100%$9.1M$9.1M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2163long leg$194K$1.6M10x
Backpack XLM_USDC_PERP+0.0169%1h0.2165+0.114%$102K$261K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2165+0.123%$2.3M$5.7M75xas long as short
Phoenix XLM+0.0221%1h0.2168+0.244%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2163+0.026%$45K100xas long as short
Lighter XLM+0.0352%1h0.2168+0.262%$419K$813K5xas long as short
Hyperliquid XLM+0.0393%1h0.2168+0.248%$12.3M$6.1M5xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2167+0.188%$234K$1.5M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2036−5.851%$5K$238K12xas long as short
Kraken Futures PF_XLMUSD+0.0505%1h0.2165+0.124%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0767%1h0.2165+0.096%$537K$175K25xas long as short