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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0314%/8h= −34.3% APRpaid last 24h −0.041%
Price spread now: HTX against Kraken Futures+0.002%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.222%+$22 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.002%, 7d avg −0.014%
Together, before fees+0.155%+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.222%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XLMUSD0.21560.0414pay 0.0052% / 1h16m 54s$2.6M$2.6M50x
ShortHTX XLM-USDT0.21560.0100get 0.0100% / 8h16m 54s$198K$261K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Kraken Futures. 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
−$65.85
Price spread: +0.002% → −0.014%
$1.63
Slippage, 4 orders
−$88.31
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$174.53
Costs to cover
1.103%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; HTX: live order book, 60 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 Kraken Futures live order book, 2 min ago3.71 bp12.4 bp −$1218.1 bp −$181113.0 bp −$11.3Kdoesn't fit
Sell HTX live order book, 60 min ago26.59 bp33.1 bp −$33doesn't fitdoesn't fitdoesn't fit

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
Injective XLM/USDC PERP−0.5000%1h0.2157+0.053%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2152−0.197%$4K150xas long as short
dYdX XLM-USD+0.0095%1h0.2153−0.127%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2157+0.072%$578K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2156+0.001%$55.6M$151.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2155−0.039%$43.8M$44.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2155−0.030%$13.0M$41.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2154−0.081%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2155−0.030%$25.0M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2155−0.044%$14.5M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2155−0.021%$25.6M$19.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2155−0.039%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2155−0.025%$90K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2153−0.122%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2155−0.055%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2154−0.077%$596K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2154−0.081%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2152−0.178%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2152−0.202%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2155−0.039%$2K$6K5xas long as short
HTX XLM-USDTshort+0.0100%8h0.2156+0.002%$198K$261K20x
Phemex XLMUSDT+0.0100%8h0.2156−0.002%$9.0M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2154−0.067%$193K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2153−0.146%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2154−0.100%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0315% / S −0.0167%1h0.2151−0.215%$45K100xas long as short
Lighter XLM+0.0360%1h0.2157+0.067%$402K$829K5xas long as short
Hyperliquid XLM+0.0379%1h0.2157+0.072%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSDlong+0.0414%1h0.2156long leg$2.6M$2.6M50x
Coinbase International XLM-PERP-INTX+0.0448%1h0.2157+0.040%$230K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0865%1h0.2154−0.067%$535K$159K25xas long as short