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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate+0.146%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.287%+$29 on $10k
Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.146%, 7d avg +0.022%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.125% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XLM_USDT0.21170.0100pay 0.0100% / 8h2h 55m$4.1M$7.1M75x
ShortBloFin XLM-USDT0.21200.0220get 0.0220% / 8h2h 55m$2.3M$5.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.146% → +0.022%
$12.47
Slippage, 4 orders
−$27.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$16.47
Costs to cover
0.541%
Break-even
11.6 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago2.60 bp16.4 bp −$1635.5 bp −$355doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago1.41 bp12.3 bp −$1217.0 bp −$17028.8 bp −$2,883doesn'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%1h0.2116−0.006%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.397%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2120+0.180%$372K$959K5xas long as short
Aster XLMUSDT+0.0100%8h0.2120+0.150%$563K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2118+0.075%$54.1M$159.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117−0.005%$42.9M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2118+0.066%$12.4M$43.3M50xas long as short
Gate XLM_USDTlong+0.0100%8h0.2117long leg$4.1M$7.1M75x
MEXC XLM_USDT+0.0100%8h0.2117+0.024%$25.2M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117+0.028%$13.9M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2118+0.052%$25.5M$22.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2117+0.014%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122+0.255%$127K$294K20xas long as short
Variational Omni XLM+0.0100%8h0.2121+0.214%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124+0.362%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.354%$595K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2125+0.406%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2118+0.066%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2113−0.165%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2118+0.080%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.142%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2118+0.061%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2117+0.030%$190K$1.8M10xas long as short
Hyperliquid XLM+0.0112%1h0.2119+0.109%$12.1M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2119+0.116%$2.6M$2.7M50xas long as short
dYdX XLM-USD+0.0174%1h0.2119+0.093%$23K$2K10xas long as short
BloFin XLM-USDTshort+0.0220%8h0.2120+0.146%$2.3M$5.5M75x
Phoenix XLM+0.0225%1h0.2126+0.444%$5K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2121+0.194%$234K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2116−0.031%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0742%1h0.2120+0.151%$526K$162K25xas long as short