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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against GRVT+0.150%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.150%, 7d avg −0.030%
Together, before fees−0.161%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$16 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: Extended is 0.180% dearer against GRVT than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21360.0100pay 0.0100% / 8h3h 55m$591K$600K10x
ShortExtended XLM-USD0.21390.0104get 0.0013% / 1h55m 34s$190K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.150% → −0.030%
$17.97
Slippage, 4 orders
−$26.31
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.5
Costs to cover
0.403%
Break-even
186.1 days
Slippage from GRVT: live order book, 62 min ago; Extended: 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 GRVT live order book, 62 min ago2.59 bp14.8 bp −$1530.5 bp −$305doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago2.81 bp5.3 bp −$512.9 bp −$129doesn'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%1h0.2134−0.063%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.506%$683$241K12xas long as short
dYdX XLM-USD+0.0045%1h0.2138+0.125%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2142+0.313%$371K$960K5xas long as short
Aster XLMUSDT+0.0100%8h0.2137+0.043%$568K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2140+0.186%$54.7M$155.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2139+0.149%$43.2M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2140+0.177%$12.5M$42.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2140+0.182%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2140+0.219%$23.8M$26.8M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2138+0.121%$14.1M$9.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2140+0.191%$25.8M$21.5M75xas long as short
BingX XLM-USDT+0.0100%8h0.2140+0.196%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2137+0.061%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2136+0.031%$12K$305K10xas long as short
GRVT XLM_USDT_Perplong+0.0100%8h0.2136long leg$591K$600K10x
ApeX Omni XLMUSDT+0.0100%1h0.2137+0.041%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2138+0.102%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2133−0.127%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2138+0.102%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2134−0.090%$197K$253K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2138+0.098%$9.0M$8.9M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2139+0.150%$190K$1.8M10x
Kraken Futures PF_XLMUSD+0.0185%1h0.2138+0.095%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0201%1h0.2140+0.172%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2137+0.037%$2.3M$5.1M75xas long as short
Phoenix XLM+0.0225%1h0.2137+0.065%$5K$46K5xas long as short
Backpack XLM_USDC_PERP+0.0437%1h0.2138+0.083%$126K$290K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2137+0.065%$239K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2135−0.051%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1107%1h0.2139+0.158%$531K$153K25xas long as short