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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against SoDEX+0.099%56s7-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 3 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 +$4 a day on $10k at the current rate, and BloFin is 0.099% dearer against SoDEX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XLM-USD0.21300.0100pay 0.0013% / 1h6m 00s$2K$6K5x
ShortBloFin XLM-USDT0.21330.0220get 0.0220% / 8h5h 06m$2.3M$5.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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: +0.099% → 0.000%
$9.86
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.06
Costs to cover
0.200%
Break-even
2.8 days
Slippage unknown: SoDEX: no order-book sample; BloFin: 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 SoDEX no order-book sample
Sell BloFin live order book, 3 min ago2.81 bp11.8 bp −$1213.2 bp −$13226.3 bp −$2,634doesn't fit
SoDEX: 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%1h0.2130−0.027%$4K150xas long as short
Lighter XLM+0.0096%1h0.2133+0.136%$373K$923K5xas long as short
Aster XLMUSDT+0.0100%8h0.2130−0.002%$567K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2130−0.001%$54.5M$154.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2129−0.084%$43.0M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2129−0.075%$12.5M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2130−0.023%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2131+0.028%$24.0M$27.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2131+0.038%$14.1M$9.8M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2131+0.033%$25.6M$21.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2131+0.028%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2131+0.005%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2129−0.066%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2136+0.276%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2135+0.197%$595K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2135+0.221%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2130−0.023%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2128−0.113%$2K$1.6M20xas long as short
SoDEX XLM-USDlong+0.0100%1h0.2130long leg$2K$6K5x
HTX XLM-USDT+0.0100%8h0.2131+0.038%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2131+0.033%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2129−0.051%$190K$1.8M10xas long as short
dYdX XLM-USD+0.0200%1h0.2132+0.051%$23K$2K10xas long as short
BloFin XLM-USDTshort+0.0220%8h0.2133+0.099%$2.3M$5.0M75x
Phoenix XLM+0.0264%1h0.2145+0.685%$5K$46K5xas long as short
Hyperliquid XLM+0.0315%1h0.2132+0.080%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0461%1h0.2131+0.016%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2139+0.404%$234K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2130−0.026%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0595%1h0.2131+0.042%$529K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.258%$683$241K12xas long as short