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: MEXC against GRVT+0.260%52s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.260%, 7d avg +0.006%
Together, before fees−0.304%+ Points / potential airdropGRVT: Active · farm board−$30 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: MEXC is 0.254% dearer against GRVT than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21150.0100pay 0.0100% / 8h2h 12m$586K$603K10x
ShortMEXC XLM_USDT0.21210.0100get 0.0100% / 8h2h 12m$24.3M$28.5M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.260% → +0.006%
$25.35
Slippage, 4 orders
−$14.77
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
$1.58
Costs to cover
0.238%
Break-even
from the start
Slippage from GRVT: live order book, 35 min ago; MEXC: live order book, 1 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, 35 min ago1.65 bp9.2 bp −$925.3 bp −$253doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.71 bp3.3 bp −$39.0 bp −$9031.6 bp −$3,16485.5 bp −$42.7K

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%1h0.2119+0.147%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.453%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.330%$356K$995K5xas long as short
Aster XLMUSDT+0.0100%8h0.2120+0.194%$562K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2121+0.244%$54.4M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2120+0.212%$42.9M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120+0.222%$12.3M$44.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2120+0.203%$4.0M$7.7M75xas long as short
MEXC XLM_USDTshort+0.0100%8h0.2121+0.260%$24.3M$28.5M300x
KuCoin XLMUSDTM+0.0100%8h0.2120+0.217%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120+0.208%$25.5M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2120+0.226%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2121+0.245%$131K$315K20xas long as short
Variational Omni XLM+0.0100%8h0.2111−0.201%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114−0.053%$12K$308K10xas long as short
GRVT XLM_USDT_Perplong+0.0100%8h0.2115long leg$586K$603K10x
ApeX Omni XLMUSDT+0.0100%1h0.2114−0.067%$169K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2119+0.170%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2118+0.113%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119+0.174%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2119+0.170%$195K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119+0.165%$8.8M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2120+0.222%$189K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2119+0.190%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0182%1h0.2122+0.307%$12.1M$6.6M5xas long as short
dYdX XLM-USD+0.0198%1h0.2119+0.186%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2120+0.217%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.21150.000%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2117+0.094%$226K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0228%1h0.2118+0.137%$41K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0977%1h0.2121+0.269%$526K$164K25xas long as short