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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Gate−0.012%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$610.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.012%, 7d avg +0.066%
Together, before fees+0.153%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.066%). If the spread goes back, that is −$8 on $10k: about 9.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XLM_USDT0.21240.0100pay 0.0100% / 8h6h 31m$4.1M$6.7M75x
ShortAster XLMUSDT0.21240.0127get 0.0127% / 8h6h 31m$568K$631K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$5.69
Price spread: −0.012% → +0.066%
−$7.75
Slippage, 4 orders
−$37.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$62.56
Costs to cover
0.605%
Break-even
84.0 days
Slippage from Gate: live order book, 2 min ago; Aster: live order book, 36 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 Gate live order book, 2 min ago4.25 bp19.0 bp −$1940.2 bp −$402doesn't fitdoesn't fit
Sell Aster live order book, 36 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%1h0.2123−0.045%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.038%$683$241K12xas long as short
dYdX XLM-USD+0.0042%1h0.2122−0.111%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2124−0.019%$358K$900K5xas long as short
Binance XLMUSDT+0.0100%8h0.2123−0.038%$53.9M$155.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2123−0.056%$42.7M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2123−0.061%$12.7M$41.8M50xas long as short
Gate XLM_USDTlong+0.0100%8h0.2124long leg$4.1M$6.7M75x
MEXC XLM_USDT+0.0100%8h0.2125+0.056%$23.7M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2125+0.028%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2123−0.047%$25.4M$20.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2124−0.005%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2124−0.009%$88K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2123−0.048%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120−0.190%$11K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.116%$593K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2119−0.240%$170K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2124−0.009%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2121−0.146%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123−0.071%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.009%$196K$268K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123−0.061%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.080%$191K$1.8M10xas long as short
Aster XLMUSDTshort+0.0127%8h0.2124−0.012%$568K$631K75x
Phoenix XLM+0.0187%1h0.2123−0.056%$5K$46K5xas long as short
Hyperliquid XLM+0.0190%1h0.2126+0.094%$12.2M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0381%1h0.2123−0.040%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2126+0.066%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2123−0.052%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0786%1h0.2126+0.066%$528K$150K25xas long as short