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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.045%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.045%, 7d avg +0.006%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XLMUSDTM0.21660.0100pay 0.0100% / 8h7h 34m$14.4M$10.2M75x
ShortBinance XLMUSDT0.21670.0100get 0.0100% / 8h7h 34m$56.0M$151.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$0
Price spread: +0.045% → +0.006%
$3.9
Slippage, 4 orders
−$29.09
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.19
Costs to cover
0.511%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 9 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 KuCoin live order book, 4 min ago3.01 bp16.5 bp −$1734.4 bp −$344doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.23 bp8.4 bp −$813.6 bp −$13639.0 bp −$3,896doesn'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%1h0.2157−0.411%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2166−0.013%$4K150xas long as short
dYdX XLM-USD+0.0033%1h0.2164−0.104%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2167+0.065%$400K$838K5xas long as short
Binance XLMUSDTshort+0.0100%8h0.2167+0.045%$56.0M$151.1M75x
Bybit XLMUSDT+0.0100%8h0.2167+0.028%$44.2M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2166+0.009%$13.2M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2164−0.102%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2167+0.032%$25.0M$26.4M300xas long as short
KuCoin XLMUSDTMlong+0.0100%8h0.2166long leg$14.4M$10.2M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2166+0.009%$25.8M$19.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2165−0.028%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2163−0.120%$88K$269K20xas long as short
Variational Omni XLM+0.0100%8h0.2166+0.012%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2162−0.162%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2160−0.282%$609K$619K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2164−0.074%$173K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164−0.088%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2161−0.240%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2163−0.125%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2165−0.037%$200K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2164−0.102%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2166−0.003%$193K$1.6M10xas long as short
Aster XLMUSDT+0.0129%8h0.2166+0.023%$581K$689K75xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2163−0.144%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2163−0.115%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2161−0.217%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2162−0.194%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2167+0.069%$229K$1.5M50xas long as short
Hyperliquid XLM+0.0515%1h0.2169+0.148%$12.5M$6.2M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0721%1h0.2165−0.051%$537K$156K25xas long as short