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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0619%/8h= +67.8% APRpaid last 24h +0.144%
Price spread now: Deribit against Orderly+0.083%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 +$19 a day on $10k at the current rate, and Deribit is 0.083% dearer against Orderly than usual: you sell high and buy low: +$8 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_mythos0.21680.0100pay 0.0050% / 4h48m 14s$3K$2K10x
ShortDeribit XLM_USDC-PERPETUAL0.21700.0719get 0.0090% / 1h48m 14s$538K$160K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$129.99
Price spread: +0.083% → 0.000%
$8.3
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$125.29
Costs to cover
0.130%
Break-even
0.3 days
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 31 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 Deribit live order book, 31 min ago5.54 bp9.0 bp −$9doesn't fitdoesn'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
Injective XLM/USDC PERP−0.5000%1h0.2041−5.858%$5K$238K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2168−0.018%$4K150xas long as short
dYdX XLM-USD+0.0001%1h0.2168−0.008%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2171+0.120%$582K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2169+0.054%$56.0M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2168+0.018%$44.1M$43.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2168+0.014%$13.2M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2168−0.009%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2169+0.055%$25.8M$26.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2168+0.009%$14.6M$10.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2169+0.042%$25.8M$19.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2169+0.032%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2169+0.046%$98K$265K20xas long as short
Variational Omni XLM+0.0100%8h0.2175+0.333%$258K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2177+0.397%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2174+0.291%$602K$633K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2175+0.323%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythoslong+0.0100%4h0.2168long leg$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2166−0.088%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2168+0.018%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2169+0.042%$200K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2168+0.018%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2169+0.026%$194K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2170+0.083%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2175+0.346%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2167−0.039%$45K100xas long as short
Kraken Futures PF_XLMUSD+0.0411%1h0.2169+0.040%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2170+0.074%$234K$1.5M50xas long as short
Hyperliquid XLM+0.0554%1h0.2172+0.161%$12.4M$6.1M5xas long as short
Lighter XLM+0.0576%1h0.2172+0.203%$420K$809K5xas long as short
Deribit XLM_USDC-PERPETUALshort+0.0719%1h0.2170+0.083%$538K$160K25x