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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: HTX against Injective+0.593%7-day average +0.225% · 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+0.295%+$29 on $10k
Price spread, last 4 days (all we have)−0.510%−$51 · spread now +0.593%, 7d avg +0.225%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.368% dearer against Injective than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.225%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21250.0033pay 0.0004% / 1h58m 28s$683$241K12x
ShortHTX XLM-USDT0.21380.0100get 0.0100% / 8h6h 58m$197K$187K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$14
Price spread: +0.593% → +0.225%
$36.75
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
$38.73
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; HTX: live order book, 33 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 HTX live order book, 33 min ago2.85 bp39.0 bp −$39doesn't fitdoesn'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%1h0.2139+0.645%$4K150xas long as short
Injective XLM/USDC PERPlong+0.0033%1h0.2125long leg$683$241K12x
Lighter XLM+0.0096%1h0.2139+0.635%$367K$849K5xas long as short
Aster XLMUSDT+0.0100%8h0.2137+0.585%$567K$545K75xas long as short
Binance XLMUSDT+0.0100%8h0.2136+0.532%$55.5M$153.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2134+0.424%$44.2M$43.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2135+0.485%$12.4M$44.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2135+0.480%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2136+0.536%$24.4M$27.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2136+0.518%$13.9M$8.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2136+0.513%$26.0M$22.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2136+0.499%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2137+0.546%$121K$323K20xas long as short
Variational Omni XLM+0.0100%8h0.2137+0.570%$256K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2141+0.749%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2141+0.744%$590K$547K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2141+0.734%$172K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2135+0.471%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2135+0.485%$2K$1.5M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2135+0.480%$582$6K5xas long as short
HTX XLM-USDTshort+0.0100%8h0.2138+0.593%$197K$187K20x
Phemex XLMUSDT+0.0100%8h0.2135+0.489%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2136+0.521%$190K$670K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2137+0.565%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2141+0.758%$4K$38K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2138+0.612%$214K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0482%1h0.2136+0.510%$2.6M$2.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0496% / S −0.0231%1h0.2139+0.659%$38K100xas long as short
Hyperliquid XLM+0.0647%1h0.2138+0.631%$12.3M$6.0M5xas long as short
dYdX XLM-USD+0.0704%1h0.2135+0.450%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0734%1h0.2137+0.555%$530K$106K25xas long as short