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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0145%/8h= −15.9% APRnext payment $0.18 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against Injective+0.802%80s7-day average +0.053% · you sell dearer than you buy
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+0.136%+$14 on $10k
Price spread, last 3 days (all we have)−0.608%−$61 · spread now +0.802%, 7d avg +0.053%
Together, before fees−0.472%+ Points / potential airdropExtended: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.749% dearer against Injective than usual: you sell high and buy low (spread +0.802% now, against its 7-day average of +0.053%): +$75 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 7 days funding on this pair paid +0.136%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21270.0249pay 0.0031% / 1h25m 49s$476$154K12x
ShortExtended XLM-USD0.21440.0104get 0.0013% / 1h25m 49s$192K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$30.52
Price spread: +0.802% → +0.053%
$74.91
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$39.37
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago5.38 bp9.1 bp −$918.7 bp −$187doesn'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
dYdX XLM-USD0.0000%1h0.2144+0.781%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2143+0.741%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2144+0.795%$585K$793K75xas long as short
Binance XLMUSDT+0.0100%8h0.2145+0.854%$55.3M$144.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2144+0.799%$43.6M$41.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2144+0.799%$13.0M$40.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2144+0.776%$3.9M$5.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2144+0.799%$25.1M$25.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2144+0.780%$14.3M$10.3M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2144+0.799%$25.7M$17.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2144+0.795%$6.9Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2145+0.860%$102K$221K20xas long as short
Variational Omni XLM+0.0100%8h0.2130+0.160%$206K$1.1Mas long as short
edgeX XLMUSDC+0.0100%4h0.2131+0.191%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2131+0.211%$598K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2130+0.165%$171K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2143+0.752%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2141+0.677%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2144+0.804%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2142+0.715%$200K$267K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2144+0.804%$9.0M$9.0M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2144+0.802%$192K$1.6M10x
Phoenix XLM+0.0187%1h0.2138+0.517%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2142+0.686%$2.3M$6.3M75xas long as short
Injective XLM/USDC PERPlong+0.0249%1h0.2127long leg$476$154K12x
Hyperliquid XLM+0.0252%1h0.2146+0.889%$12.0M$5.8M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0312% / S −0.0166%1h0.2143+0.758%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2145+0.851%$228K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2144+0.820%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0730%1h0.2146+0.879%$533K$170K25xas long as short
Lighter XLM+0.0816%1h0.2149+1.044%$429K$788K5xas long as short