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: SunX against GRVT−0.216%74s7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1441.440% 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)+0.334%+$33 · spread now −0.216%, 7d avg +0.060%
Together, before fees+0.386%+ Points / potential airdropGRVT: Active · farm board+$39 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: SunX is 0.276% cheaper against GRVT than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.060%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XLM_USDT_Perp0.21280.0100pay 0.0100% / 8h40m 07s$588K$597K10x
ShortSunX XLM-USDT0.21240.0100get 0.0100% / 8h40m 07s$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.216% → +0.060%
−$27.62
Slippage, 4 orders
−$126.99
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$171.61
Costs to cover
1.440%
Break-even
never at this rate
Slippage from GRVT: live order book, 63 min ago; SunX: 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, 63 min ago1.42 bp11.0 bp −$1115.0 bp −$1506639.5 bp −$664.0Kdoesn't fit
Sell SunX live order book, 5 min ago29.32 bp76.3 bp −$76doesn't fitdoesn'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%1h0.2121−0.313%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.146%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2124−0.197%$366K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2124−0.200%$564K$595K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.290%$54.4M$161.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2120−0.381%$43.0M$47.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122−0.282%$12.1M$44.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121−0.334%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.305%$24.3M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122−0.305%$14.0M$9.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2121−0.338%$25.5M$22.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122−0.310%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2127−0.048%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126−0.087%$12K$307K10xas long as short
GRVT XLM_USDT_Perplong+0.0100%8h0.2128long leg$588K$597K10x
ApeX Omni XLMUSDT+0.0100%1h0.2127−0.042%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2122−0.287%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2124−0.216%$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2122−0.305%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2126−0.094%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122−0.282%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2121−0.311%$190K$1.4M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2128−0.023%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2129+0.028%$4K$50K5xas long as short
Backpack XLM_USDC_PERP+0.0317%1h0.2122−0.296%$130K$347K20xas long as short
dYdX XLM-USD+0.0348%1h0.2126−0.086%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2125−0.146%$220K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121−0.329%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0549%1h0.2122−0.307%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0551%1h0.2123−0.240%$526K$172K25xas long as short
Hyperliquid XLM+0.0595%1h0.2124−0.174%$12.1M$6.5M5xas long as short