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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Orderly−0.047%52s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.047% cheaper against Orderly than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XLM_USDC_mythos0.21210.0100pay 0.0050% / 4h2h 12m$3K$2K10x
ShortBloFin XLM-USDT0.21200.0220get 0.0220% / 8h2h 12m$2.3M$5.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$25.2
Price spread: −0.047% → 0.000%
−$4.71
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.49
Costs to cover
0.180%
Break-even
6.3 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 6 min ago. 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 Orderly no order-book sample
Sell BloFin live order book, 6 min ago0.24 bp10.9 bp −$1117.9 bp −$17930.1 bp −$3,013doesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2119−0.086%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.189%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.066%$356K$995K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119−0.076%$562K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2121−0.013%$54.4M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2119−0.071%$42.9M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.21210.000%$12.3M$44.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.071%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121+0.005%$24.2M$28.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120−0.042%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120−0.042%$25.5M$22.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2120−0.052%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2121−0.019%$131K$315K20xas long as short
Variational Omni XLM+0.0100%8h0.2111−0.464%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114−0.317%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2115−0.264%$586K$603K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2114−0.330%$169K$265K50xas long as short
Orderly PERP_XLM_USDC_mythoslong+0.0100%4h0.2121long leg$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2118−0.151%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119−0.090%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2119−0.094%$195K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119−0.099%$8.8M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2120−0.042%$189K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2119−0.075%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0184%1h0.2122+0.061%$12.1M$6.6M5xas long as short
dYdX XLM-USD+0.0198%1h0.2119−0.078%$23K$2K10xas long as short
BloFin XLM-USDTshort+0.0220%8h0.2120−0.047%$2.3M$5.6M75x
Phoenix XLM+0.0226%1h0.2115−0.264%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2117−0.170%$226K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0228%1h0.2119−0.092%$41K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0977%1h0.2121+0.005%$526K$164K25xas long as short