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% APRpaid last 24h 0.000%
Price spread now: edgeX against GRVT+0.056%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.056%, 7d avg +0.007%
Together, before fees−0.011%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$1 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: edgeX is 0.049% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21160.0100pay 0.0100% / 8h1h 33m$593K$593K10x
ShortedgeX XLMUSDC0.21180.0100get 0.0050% / 4h1h 33m$12K$307K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.056% → +0.007%
$4.91
Slippage, 4 orders
−$13.8
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.89
Costs to cover
0.318%
Break-even
never at this rate
Slippage from GRVT: live order book, 10 min ago; edgeX: live order book, 10 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, 10 min ago1.42 bp11.0 bp −$1115.0 bp −$1506639.5 bp −$664.0Kdoesn't fit
Sell edgeX live order book, 10 min ago1.18 bp5.9 bp −$655.1 bp −$551doesn't fitdoesn'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%1h0.2114−0.088%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.408%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2119+0.106%$358K$936K5xas long as short
Aster XLMUSDT+0.0100%8h0.2114−0.097%$560K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2115−0.083%$54.2M$163.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2114−0.112%$42.8M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2115−0.064%$12.2M$44.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2114−0.093%$3.9M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2115−0.060%$25.1M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2114−0.088%$14.0M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2114−0.102%$25.4M$23.1M75xas long as short
BingX XLM-USDT+0.0100%8h0.2114−0.102%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2112−0.200%$252K$1.3Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2118+0.056%$12K$307K10x
GRVT XLM_USDT_Perplong+0.0100%8h0.2116long leg$593K$593K10x
ApeX Omni XLMUSDT+0.0100%1h0.2117+0.016%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2115−0.064%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2114−0.135%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2115−0.060%$576$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2112−0.201%$195K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2116−0.003%$8.7M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2114−0.105%$188K$1.7M10xas long as short
Backpack XLM_USDC_PERP+0.0173%1h0.2116−0.031%$129K$329K20xas long as short
Hyperliquid XLM+0.0173%1h0.2116−0.003%$12.0M$6.5M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2117+0.011%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0263%1h0.2113−0.145%$4K$50K5xas long as short
dYdX XLM-USD+0.0278%1h0.2113−0.176%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0333%1h0.2117+0.017%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2113−0.178%$220K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2112−0.200%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0885%1h0.2117+0.011%$525K$168K25xas long as short