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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0969%/8h= −106.1% APRpaid last 24h +0.194%
Price spread now: Aster against Injective−0.072%107s7-day average +0.208% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.302%+$30 on $10k
Price spread, last 4 days (all we have)+0.872%+$87 · spread now −0.072%, 7d avg +0.208%
Together, before fees+1.175%+ Points / potential airdropAster: Stage 5 · farm board+$117 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Aster is 0.281% cheaper against Injective than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.208%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.302%, so the current rate has only just turned against you. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.302% in total (about 15.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21250.1081pay 0.0135% / 1h41m 38s$683$241K12x
ShortAster XLMUSDT0.21230.0112get 0.0112% / 8h5h 41m$565K$624K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
−$203.54
Price spread: −0.072% → +0.208%
−$28.07
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
−$239.64
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Aster: live order book, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aster live order book, 21 min ago2.36 bp10.4 bp −$1029.1 bp −$291doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2126+0.069%$4K150xas long as short
Lighter XLM+0.0096%1h0.2123−0.085%$357K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2121−0.169%$54.4M$153.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122−0.141%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122−0.146%$12.6M$41.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121−0.198%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.151%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120−0.221%$14.0M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2122−0.146%$25.5M$20.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122−0.136%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2126+0.061%$93K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2114−0.512%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124−0.032%$12K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.132%$589K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.104%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126+0.047%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2126+0.033%$2K$1.6M20xas long as short
HTX XLM-USDT+0.0100%8h0.2127+0.094%$196K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.099%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.133%$189K$1.8M10xas long as short
SoDEX XLM-USD+0.0111%1h0.2127+0.085%$2K$6K5xas long as short
Aster XLMUSDTshort+0.0112%8h0.2123−0.072%$565K$624K75x
dYdX XLM-USD+0.0214%1h0.2120−0.254%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2126+0.042%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2116−0.405%$5K$46K5xas long as short
Hyperliquid XLM+0.0439%1h0.2123−0.094%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0462%1h0.2127+0.100%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2125+0.019%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2126+0.042%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0691%1h0.2128+0.127%$528K$153K25xas long as short
Injective XLM/USDC PERPlong+0.1081%1h0.2125long leg$683$241K12x