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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Backpack against HTX+0.014%52s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now +0.014%, 7d avg −0.001%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XLM-USDT0.21200.0100pay 0.0100% / 8h6h 07m$196K$262K20x
ShortBackpack XLM_USDC_PERP0.21200.0100get 0.0013% / 1h7m 15s$88K$258K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against HTX. 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: +0.014% → −0.001%
$1.53
Slippage, 4 orders
−$78.61
Fee HTX: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$99.08
Costs to cover
1.006%
Break-even
never at this rate
Slippage from HTX: live order book, 59 min ago; Backpack: live order book, 61 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 HTX live order book, 59 min ago29.57 bp35.6 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 61 min ago0.23 bp8.7 bp −$9doesn't fitdoesn't fitdoesn't fit

XLM on 30 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%1h0.2119−0.062%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.241%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.113%$358K$908K5xas long as short
Binance XLMUSDT+0.0100%8h0.2121+0.052%$54.1M$154.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2119−0.028%$42.9M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120+0.014%$12.6M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.057%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2120−0.005%$23.4M$27.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2118−0.075%$14.0M$10.0M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2121+0.042%$25.4M$20.8M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2119−0.019%$7.1Mas long as short
Backpack XLM_USDC_PERPshort+0.0100%1h0.2120+0.014%$88K$258K20x
Variational Omni XLM+0.0100%8h0.2120+0.011%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2115−0.231%$11K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2116−0.172%$592K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2114−0.269%$169K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120+0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2116−0.179%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121+0.057%$2K$6K5xas long as short
HTX XLM-USDTlong+0.0100%8h0.2120long leg$196K$262K20x
Phemex XLMUSDT+0.0100%8h0.2121+0.071%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2120−0.002%$191K$1.8M10xas long as short
Aster XLMUSDT+0.0115%8h0.2119−0.024%$566K$624K75xas long as short
dYdX XLM-USD+0.0141%1h0.2120−0.013%$23K$2K10xas long as short
Phoenix XLM+0.0187%1h0.2122+0.123%$5K$46K5xas long as short
Hyperliquid XLM+0.0304%1h0.2121+0.038%$12.2M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0381%1h0.2122+0.082%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2121+0.061%$234K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0193%1h0.2118−0.075%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0741%1h0.2121+0.047%$526K$151K25xas long as short