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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against GRVT−0.264%69s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.264%, 7d avg −0.005%
Together, before fees+0.224%+ Points / potential airdropGRVT: Active · farm board+$22 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: BingX is 0.259% cheaper against GRVT than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21180.0100pay 0.0100% / 8h1h 36m$594K$615K10x
ShortBingX XLM-USDT0.21130.0100get 0.0100% / 8h1h 36m$7.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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
Price spread: −0.264% → −0.005%
−$25.94
Slippage, 4 orders
−$14.43
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$59.37
Costs to cover
0.334%
Break-even
never at this rate
Slippage from GRVT: live order book, 7 min ago; BingX: live order book, 7 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 GRVT live order book, 7 min ago1.42 bp11.0 bp −$1115.0 bp −$1506639.5 bp −$664.0Kdoesn't fit
Sell BingX live order book, 7 min ago0.24 bp6.2 bp −$610.4 bp −$10423.0 bp −$2,30485.1 bp −$42.6K

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%1h0.2113−0.277%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.312%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2117−0.075%$355K$933K5xas long as short
Aster XLMUSDT+0.0100%8h0.2115−0.139%$560K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2114−0.190%$54.3M$163.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2113−0.255%$42.8M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2114−0.208%$12.2M$44.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2113−0.250%$3.9M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2114−0.193%$25.3M$28.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2113−0.250%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2113−0.255%$25.4M$23.1M75xas long as short
BingX XLM-USDTshort+0.0100%8h0.2113−0.264%$7.4M
Variational Omni XLM+0.0100%8h0.2117−0.060%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2116−0.120%$12K$307K10xas long as short
GRVT XLM_USDT_Perplong+0.0100%8h0.2118long leg$594K$615K10x
ApeX Omni XLMUSDT+0.0100%1h0.21180.000%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2113−0.255%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2112−0.288%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2114−0.212%$576$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2113−0.255%$195K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2115−0.170%$8.7M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2113−0.243%$188K$1.7M10xas long as short
Hyperliquid XLM+0.0181%1h0.2114−0.203%$12.0M$6.5M5xas long as short
Backpack XLM_USDC_PERP+0.0198%1h0.2116−0.099%$129K$329K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2118−0.023%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0263%1h0.2120+0.061%$4K$50K5xas long as short
dYdX XLM-USD+0.0276%1h0.2113−0.267%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0333%1h0.2115−0.175%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2113−0.274%$220K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2112−0.298%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0933%1h0.2115−0.141%$524K$168K25xas long as short