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 −0.020%
Price spread now: GRVT against KuCoin+0.076%68s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.551% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.076%, 7d avg −0.023%
Together, before fees−0.020%+ Points / potential airdropGRVT: Active · farm board−$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: GRVT is 0.099% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XLMUSDTM0.21610.0100pay 0.0100% / 8h7h 54m$14.4M$10.4M75x
ShortGRVT XLM_USDT_Perp0.21630.0100get 0.0100% / 8h7h 54m$598K$604K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.076% → −0.023%
$9.89
Slippage, 4 orders
−$34.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$45.23
Costs to cover
0.551%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; GRVT: live order book, 19 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 ago1.62 bp17.3 bp −$1734.5 bp −$345doesn't fitdoesn't fit
Sell GRVT live order book, 19 min ago1.39 bp9.9 bp −$1019.5 bp −$195doesn'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%1h0.2157−0.190%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2160−0.053%$4K150xas long as short
dYdX XLM-USD+0.0075%1h0.2160−0.062%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2164+0.139%$580K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2161−0.009%$55.7M$151.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2161−0.019%$44.0M$44.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2160−0.042%$13.1M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2161−0.014%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2161−0.014%$24.9M$26.1M300xas long as short
KuCoin XLMUSDTMlong+0.0100%8h0.2161long leg$14.4M$10.4M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2161−0.019%$25.6M$19.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2161−0.019%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2163+0.098%$284K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2161−0.024%$12K$300K10xas long as short
GRVT XLM_USDT_Perpshort+0.0100%8h0.2163+0.076%$598K$604K10x
ApeX Omni XLMUSDT+0.0100%1h0.2160−0.056%$173K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2161−0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2162+0.060%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2160−0.028%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2161−0.014%$199K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2160−0.028%$9.0M$9.1M50xas long as short
Lighter XLM+0.0104%1h0.2162+0.051%$400K$836K5xas long as short
Extended XLM-USD+0.0104%1h0.2160−0.035%$193K$1.6M10xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2161+0.018%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2160−0.056%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0222%1h0.2157−0.208%$5K$42K5xas long as short
Hyperliquid XLM+0.0263%1h0.2163+0.097%$12.3M$6.1M5xas long as short
Backpack XLM_USDC_PERP+0.0290%1h0.2160−0.056%$89K$269K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2160−0.059%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2164+0.120%$229K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0676%1h0.2162+0.042%$537K$161K25xas long as short