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: GRVT against MEXC+0.397%67s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.173%+$17 · spread now +0.397%, 7d avg −0.003%
Together, before fees+0.175%+ Points / potential airdropGRVT: Active · farm board+$17 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 0.400% dearer against MEXC than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XLM_USDT0.21190.0100pay 0.0100% / 8h38m 22s$24.3M$28.9M300x
ShortGRVT XLM_USDT_Perp0.21270.0100get 0.0100% / 8h38m 22s$588K$577K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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: +0.397% → −0.003%
$39.96
Slippage, 4 orders
−$17.15
Fee MEXC: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$13.8
Costs to cover
0.262%
Break-even
from the start
Slippage from MEXC: live order book, 5 min ago; GRVT: live order book, 64 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 MEXC live order book, 5 min ago1.17 bp2.8 bp −$37.7 bp −$7739.1 bp −$3,905111.9 bp −$56.0K
Sell GRVT live order book, 64 min ago1.42 bp8.8 bp −$914.8 bp −$148doesn'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%1h0.2118−0.058%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.283%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2125+0.283%$366K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2120+0.049%$563K$595K75xas long as short
Binance XLMUSDT+0.0100%8h0.2119−0.010%$54.4M$160.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2118−0.047%$43.0M$46.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119−0.024%$12.1M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2118−0.033%$3.9M$7.7M75xas long as short
MEXC XLM_USDTlong+0.0100%8h0.2119long leg$24.3M$28.9M300x
KuCoin XLMUSDTM+0.0100%8h0.2120+0.042%$14.0M$9.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2118−0.042%$25.4M$22.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2119−0.019%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2127+0.382%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2128+0.423%$12K$307K10xas long as short
GRVT XLM_USDT_Perpshort+0.0100%8h0.2127+0.397%$588K$577K10x
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.392%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.21190.000%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119+0.009%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119−0.024%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2121+0.080%$195K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123+0.198%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2118−0.031%$190K$1.4M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2124+0.212%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2129+0.458%$4K$50K5xas long as short
Backpack XLM_USDC_PERP+0.0288%1h0.2122+0.151%$130K$346K20xas long as short
dYdX XLM-USD+0.0320%1h0.2121+0.111%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2123+0.198%$220K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2118−0.060%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2118−0.031%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0581%1h0.2122+0.132%$12.1M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0694%1h0.2120+0.066%$526K$172K25xas long as short