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: Bybit against KuCoin−0.075%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.075%, 7d avg −0.028%
Together, before fees+0.046%+$5 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: Bybit is 0.047% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XLMUSDTM0.21270.0100pay 0.0100% / 8h6h 20m$14.1M$10.0M75x
ShortBybit XLMUSDT0.21260.0100get 0.0100% / 8h6h 20m$42.8M$46.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.075% → −0.028%
−$4.72
Slippage, 4 orders
−$32.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$60.62
Costs to cover
0.559%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago1.17 bp17.0 bp −$1733.0 bp −$330doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.35 bp7.8 bp −$813.7 bp −$13753.1 bp −$5,311doesn't fit

XLM on 30 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%1h0.2129+0.058%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.108%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2128+0.047%$359K$906K5xas long as short
Binance XLMUSDT+0.0100%8h0.2126−0.041%$53.9M$155.0M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2126−0.075%$42.8M$46.2M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2125−0.089%$12.7M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127−0.009%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2127−0.005%$23.8M$27.0M300xas long as short
KuCoin XLMUSDTMlong+0.0100%8h0.2127long leg$14.1M$10.0M75x
Bitget XLMUSDT+0.0100%8h0.2126−0.047%$25.4M$20.7M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2126−0.080%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2129+0.056%$89K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2128+0.038%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2132+0.208%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134+0.329%$597K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2132+0.202%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2129+0.080%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2128+0.019%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2129+0.089%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2131+0.193%$197K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2130+0.103%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2125−0.092%$192K$1.8M10xas long as short
dYdX XLM-USD+0.0110%1h0.2125−0.106%$23K$2K10xas long as short
Aster XLMUSDT+0.0127%8h0.2129+0.098%$570K$622K75xas long as short
Phoenix XLM+0.0187%1h0.2135+0.348%$5K$46K5xas long as short
Hyperliquid XLM+0.0268%1h0.2129+0.094%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2129+0.099%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2132+0.202%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2128+0.036%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0878%1h0.2131+0.155%$529K$149K25xas long as short