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 +0.020%
Price spread now: Bitget against GRVT+0.205%63s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.802%−$80 · spread now +0.205%, 7d avg −0.005%
Together, before fees−0.789%+ Points / potential airdropGRVT: Active · farm board−$79 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: Bitget is 0.211% dearer against GRVT than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21220.0100pay 0.0100% / 8h6h 28m$593K$613K10x
ShortBitget XLMUSDT0.21260.0100get 0.0100% / 8h6h 28m$25.4M$20.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.205% → −0.005%
$21.08
Slippage, 4 orders
−$21.58
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$21.5
Costs to cover
0.426%
Break-even
never at this rate
Slippage from GRVT: live order book, 39 min ago; Bitget: live order book, 5 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, 39 min ago5.31 bp11.4 bp −$1115.9 bp −$159doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.47 bp8.3 bp −$819.6 bp −$196doesn'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%1h0.2121−0.014%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.154%$683$241K12xas long as short
dYdX XLM-USD+0.0059%1h0.2123+0.069%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2125+0.149%$358K$900K5xas long as short
Binance XLMUSDT+0.0100%8h0.2126+0.195%$54.0M$155.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2125+0.154%$42.8M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2126+0.196%$12.7M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2124+0.121%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2126+0.201%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2124+0.111%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDTshort+0.0100%8h0.2126+0.205%$25.4M$20.7M75x
BingX XLM-USDT+0.0100%8h0.2126+0.191%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2123+0.059%$88K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2123+0.067%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125+0.137%$11K$304K10xas long as short
GRVT XLM_USDT_Perplong+0.0100%8h0.2122long leg$593K$613K10x
ApeX Omni XLMUSDT+0.0100%1h0.2124+0.097%$170K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123+0.059%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2125+0.139%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122+0.003%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.059%$196K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122+0.003%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2125+0.166%$191K$1.8M10xas long as short
Aster XLMUSDT+0.0129%8h0.2124+0.109%$568K$631K75xas long as short
Phoenix XLM+0.0187%1h0.2127+0.248%$5K$46K5xas long as short
Hyperliquid XLM+0.0205%1h0.2126+0.210%$12.2M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0381%1h0.2121−0.016%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2125+0.154%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2122−0.003%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0598%1h0.2123+0.078%$527K$150K25xas long as short