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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.042%102s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.246%+$25 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.042%, 7d avg +0.029%
Together, before fees+0.236%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21190.0100pay 0.0100% / 8h7h 51m$590K$551K10x
ShortBloFin XLM-USDT0.21200.0220get 0.0220% / 8h7h 51m$2.3M$5.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.042% → +0.029%
$1.32
Slippage, 4 orders
−$26.87
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.35
Costs to cover
0.479%
Break-even
12.9 days
Slippage from GRVT: live order book, 46 min ago; BloFin: live order book, 2 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, 46 min ago4.96 bp13.0 bp −$1318.6 bp −$186doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.24 bp10.1 bp −$1019.1 bp −$19134.7 bp −$3,468doesn'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%1h0.2115−0.188%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.297%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2123+0.198%$366K$917K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123+0.193%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.201%$54.9M$161.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122+0.165%$43.6M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2124+0.245%$12.1M$45.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2118−0.047%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2124+0.236%$24.4M$28.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120+0.076%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2123+0.198%$25.6M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2121+0.113%$7.3Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2119+0.009%$130K$345K20xas long as short
Variational Omni XLM+0.0100%8h0.2120+0.068%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2118−0.037%$12K$308K10xas long as short
GRVT XLM_USDT_Perplong+0.0100%8h0.2119long leg$590K$551K10x
ApeX Omni XLMUSDT+0.0100%1h0.2117−0.061%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2119+0.014%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2117−0.057%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2117−0.080%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2119+0.024%$195K$213K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2118−0.019%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2121+0.125%$189K$1.1M10xas long as short
dYdX XLM-USD+0.0214%1h0.2120+0.039%$23K$2K10xas long as short
BloFin XLM-USDTshort+0.0220%8h0.2120+0.042%$2.3M$5.4M75x
Phoenix XLM+0.0226%1h0.2119−0.009%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2120+0.080%$218K$1.7M50xas long as short
Kraken Futures PF_XLMUSD+0.0341%1h0.2118−0.052%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0429%1h0.2126+0.328%$12.2M$6.4M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2118−0.042%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0694%1h0.2120+0.042%$526K$149K25xas long as short