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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.092%
Price spread now: Variational Omni against Lighter+0.089%7-day average −0.137% · you sell dearer than you buy
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 4 days (all we have)−0.135%−$14 on $10k
Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.089%, 7d avg −0.137%
Together, before fees−0.419%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$42 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: Variational Omni is 0.226% dearer against Lighter than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21300.0096pay 0.0012% / 1h13m 50s$367K$929K5x
ShortVariational Omni XLM0.21320.0100get 0.0100% / 8h7h 13m$254K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter. 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
$0.84
Price spread: +0.089% → −0.137%
$22.59
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$23.43
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 16 min ago; Variational Omni: RFQ quote, just now. 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 Lighter live order book, 16 min ago9.97 bp10.4 bp −$1048.2 bp −$482doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now7.05 bpdoesn't fit16.5 bp −$165doesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2129−0.084%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.249%$683$241K12xas long as short
Lighter XLMlong+0.0096%1h0.2130long leg$367K$929K5x
Aster XLMUSDT+0.0100%8h0.2128−0.117%$564K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2128−0.089%$55.3M$157.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2127−0.155%$44.0M$45.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2128−0.113%$12.2M$45.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2128−0.127%$4.0M$7.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2128−0.113%$24.0M$29.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2127−0.141%$14.0M$8.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2128−0.117%$25.8M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2127−0.131%$7.2Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2129−0.075%$130K$338K20xas long as short
Variational Omni XLMshort+0.0100%8h0.2132+0.089%$254K$1.3M
edgeX XLMUSDC+0.0100%4h0.2129−0.076%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128−0.115%$586K$553K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2128−0.117%$170K$254K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2129−0.061%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2125−0.258%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2129−0.084%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2131+0.033%$196K$200K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2128−0.122%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2127−0.145%$189K$761K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2129−0.042%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2127−0.136%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2130+0.005%$213K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0339%1h0.2129−0.047%$2.6M$2.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0495% / S −0.0231%1h0.2127−0.154%$38K100xas long as short
Hyperliquid XLM+0.0522%1h0.2131+0.014%$12.2M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0878%1h0.2130+0.005%$528K$125K25xas long as short
dYdX XLM-USD+0.0884%1h0.2129−0.064%$27K$5K10xas long as short