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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.094%
Price spread now: Coinbase International against Orderly+0.052%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.052% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XLM_USDC_mythos0.21140.0100pay 0.0050% / 4h2h 15m$3K$2K10x
ShortCoinbase International XLM-PERP-INTX0.21150.0456get 0.0057% / 1h15m 01s$226K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$74.76
Price spread: +0.052% → 0.000%
$5.2
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$63.96
Costs to cover
0.160%
Break-even
1.0 days
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago4.25 bp13.2 bp −$1318.3 bp −$183doesn't fitdoesn'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%1h0.2112−0.072%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.520%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2116+0.099%$355K$994K5xas long as short
Aster XLMUSDT+0.0100%8h0.2114+0.006%$560K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2116+0.081%$54.2M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.21140.000%$42.8M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2115+0.052%$12.2M$44.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2114−0.005%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2115+0.057%$24.2M$28.4M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2114+0.024%$13.8M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2114+0.014%$25.4M$22.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2115+0.028%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2115+0.071%$131K$315K20xas long as short
Variational Omni XLM+0.0100%8h0.2111−0.135%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114+0.014%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2114+0.018%$586K$603K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2114−0.005%$169K$265K50xas long as short
Orderly PERP_XLM_USDC_mythoslong+0.0100%4h0.2114long leg$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2112−0.114%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2114+0.005%$576$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2114−0.005%$195K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2113−0.028%$8.8M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2114−0.015%$189K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2115+0.046%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0169%1h0.2117+0.128%$12.0M$6.6M5xas long as short
dYdX XLM-USD+0.0207%1h0.2113−0.070%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2114−0.009%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.2114−0.014%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTXshort+0.0456%1h0.2115+0.052%$226K$1.6M50x
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0228%1h0.2113−0.068%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1028%1h0.2116+0.076%$524K$163K25xas long as short