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% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against SunX+0.113%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1361.365% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.113%, 7d avg −0.016%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.129% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21210.0100pay 0.0100% / 8h3h 00m$2K$1.6M20x
ShortBloFin XLM-USDT0.21230.0220get 0.0220% / 8h3h 00m$2.3M$5.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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: +0.113% → −0.016%
$12.94
Slippage, 4 orders
−$116.47
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.33
Costs to cover
1.365%
Break-even
34.3 days
Slippage from SunX: live order book, 4 min ago; BloFin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 4 min ago29.36 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.23 bp6.2 bp −$69.0 bp −$9018.9 bp −$1,894doesn't fit

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%1h0.2121+0.032%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.198%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2126+0.231%$373K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123+0.123%$564K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122+0.071%$54.4M$158.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121+0.009%$42.9M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2121+0.005%$12.5M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122+0.038%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122+0.071%$25.3M$27.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122+0.061%$13.9M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2122+0.033%$25.6M$22.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122+0.042%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2121+0.016%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2122+0.061%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2125+0.196%$595K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122+0.042%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123+0.104%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2121long leg$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2122+0.066%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2121−0.005%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123+0.099%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2121+0.030%$190K$1.8M10xas long as short
Hyperliquid XLM+0.0179%1h0.2123+0.108%$12.2M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0186%1h0.2123+0.082%$2.6M$2.7M50xas long as short
BloFin XLM-USDTshort+0.0220%8h0.2123+0.113%$2.3M$5.5M75x
Phoenix XLM+0.0225%1h0.2127+0.288%$5K$46K5xas long as short
dYdX XLM-USD+0.0357%1h0.2121−0.008%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0362%1h0.2123+0.104%$127K$294K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2124+0.174%$239K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2121+0.020%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0975%1h0.2124+0.160%$527K$162K25xas long as short