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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against HTX+0.145%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.145%, 7d avg +0.095%
Together, before fees+0.107%+ Points / potential airdropLighter: Season 3 · farm board+$11 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: Lighter is 0.050% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XLM-USDT0.21310.0100pay 0.0100% / 8h6h 22m$197K$262K20x
ShortLighter XLM0.21350.0096get 0.0012% / 1h22m 41s$360K$906K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.145% → +0.095%
$5.03
Slippage, 4 orders
−$117.15
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$124.96
Costs to cover
1.291%
Break-even
never at this rate
Slippage from HTX: live order book, 44 min ago; Lighter: live order book, 42 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, 44 min ago29.57 bp35.6 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 42 min ago4.85 bp15.6 bp −$1656.3 bp −$563doesn'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%1h0.2130−0.063%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.300%$683$241K12xas long as short
dYdX XLM-USD+0.0080%1h0.2132+0.008%$23K$2K10xas long as short
Lighter XLMshort+0.0096%1h0.2135+0.145%$360K$906K5x
Binance XLMUSDT+0.0100%8h0.2134+0.105%$54.1M$154.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2133+0.075%$42.9M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134+0.122%$12.7M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2133+0.094%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2134+0.127%$23.9M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2133+0.094%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2134+0.117%$25.5M$20.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2134+0.113%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2131−0.014%$89K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2132+0.035%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2129−0.109%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2131−0.020%$596K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133+0.084%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2131−0.019%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2129−0.136%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2131−0.019%$2K$6K5xas long as short
HTX XLM-USDTlong+0.0100%8h0.2131long leg$197K$262K20x
Phemex XLMUSDT+0.0100%8h0.2132+0.014%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2133+0.095%$192K$1.8M10xas long as short
Aster XLMUSDT+0.0130%8h0.2133+0.063%$571K$621K75xas long as short
Phoenix XLM+0.0187%1h0.2134+0.131%$5K$46K5xas long as short
Hyperliquid XLM+0.0261%1h0.2136+0.202%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2131−0.003%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2134+0.108%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2130−0.073%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0830%1h0.2132+0.052%$529K$149K25xas long as short