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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: Orderly against Injective−0.141%58s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.141% cheaper against Injective than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 7.1 days of funding at the current rate (+$2 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21250.0033pay 0.0004% / 1h45m 34s$683$241K12x
ShortOrderly PERP_XLM_USDC_mythos0.21220.0100get 0.0050% / 4h45m 34s$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.141% → 0.000%
−$14.12
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$6.14
Costs to cover
0.060%
Break-even
10.1 days
Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Injective and Orderly: 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%1h0.2119−0.279%$4K150xas long as short
Injective XLM/USDC PERPlong+0.0033%1h0.2125long leg$683$241K12x
Lighter XLM+0.0096%1h0.2123−0.085%$371K$961K5xas long as short
Hyperliquid XLM+0.0100%1h0.2122−0.132%$12.2M$6.2M5xas long as short
Aster XLMUSDT+0.0100%8h0.2121−0.181%$564K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123−0.112%$54.2M$154.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121−0.174%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122−0.160%$12.4M$42.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121−0.169%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.146%$23.7M$26.7M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2121−0.207%$14.0M$9.7M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2121−0.188%$25.5M$21.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2121−0.174%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122−0.141%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2120−0.230%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.268%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2120−0.246%$591K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2118−0.329%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2122−0.141%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2119−0.296%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123−0.113%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.240%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123−0.108%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2121−0.171%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2118−0.325%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0225%1h0.2121−0.193%$5K$46K5xas long as short
Kraken Futures PF_XLMUSD+0.0266%1h0.2122−0.118%$2.6M$2.6M50xas long as short
dYdX XLM-USD+0.0288%1h0.2121−0.202%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2120−0.249%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2119−0.283%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1023%1h0.2124−0.066%$527K$153K25xas long as short