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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Orderly−0.055%7-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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.055% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XLM_USDC_mythos0.21710.0100pay 0.0050% / 4h1h 35m$3K$2K10x
ShortBybit XLMUSDT0.21700.0100get 0.0100% / 8h1h 35m$44.0M$43.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.055% → 0.000%
−$5.53
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$22.53
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago2.29 bp8.5 bp −$816.4 bp −$16460.3 bp −$6,026doesn'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%1h0.2170−0.038%$4K150xas long as short
dYdX XLM-USD+0.0010%1h0.2173+0.079%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2173+0.084%$591K$801K75xas long as short
Binance XLMUSDT+0.0100%8h0.2171−0.016%$56.6M$150.0M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2170−0.055%$44.0M$43.4M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2169−0.101%$13.2M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2170−0.023%$4.0M$6.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2171−0.005%$26.2M$26.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2171−0.014%$14.6M$10.6M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2171−0.005%$25.9M$19.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2170−0.023%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2192+0.979%$312K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2188+0.798%$12K$299K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2187+0.728%$606K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2185+0.645%$175K$256K50xas long as short
Orderly PERP_XLM_USDC_mythoslong+0.0100%4h0.2171long leg$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2168−0.152%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2170−0.023%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.21710.000%$200K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2171+0.009%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2170−0.025%$195K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2181+0.474%$2.4M$6.1M75xas long as short
Phoenix XLM+0.0221%1h0.2182+0.502%$5K$41K5xas long as short
Backpack XLM_USDC_PERP+0.0307%1h0.2171−0.005%$104K$259K20xas long as short
Hyperliquid XLM+0.0316%1h0.2172+0.064%$12.3M$6.1M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0317% / S −0.0167%1h0.2170−0.054%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2182+0.484%$233K$1.6M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2189+0.829%$118$232K12xas long as short
Kraken Futures PF_XLMUSD+0.0503%1h0.2172+0.030%$2.7M$2.7M50xas long as short
Lighter XLM+0.0528%1h0.2175+0.180%$421K$812K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0579%1h0.2173+0.074%$539K$176K25xas long as short