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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX+0.312%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1441.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.312%, 7d avg −0.055%
Together, before fees−0.342%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.367% dearer against SunX than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21160.0100pay 0.0100% / 8h7h 22m$2K$1.6M20x
ShortBybit XLMUSDT0.21220.0100get 0.0100% / 8h7h 22m$43.9M$46.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.312% → −0.055%
$36.74
Slippage, 4 orders
−$124.65
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.91
Costs to cover
1.436%
Break-even
never at this rate
Slippage from SunX: live order book, 12 min ago; Bybit: live order book, 1 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, 12 min ago29.53 bp46.6 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.36 bp8.7 bp −$917.2 bp −$17265.5 bp −$6,546doesn'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%1h0.2119+0.173%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.435%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2123+0.331%$366K$929K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123+0.344%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.350%$55.1M$159.7M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2122+0.312%$43.9M$46.3M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2123+0.350%$12.2M$45.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2120+0.199%$4.0M$7.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122+0.279%$24.2M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121+0.250%$13.9M$9.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2123+0.359%$25.6M$23.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2121+0.265%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122+0.284%$130K$343K20xas long as short
Variational Omni XLM+0.0100%8h0.2099−0.790%$251K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2106−0.456%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2107−0.401%$582K$556K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2105−0.529%$169K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120+0.199%$3K$24710xas long as short
SunX XLM-USDTlong+0.0100%8h0.2116long leg$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2121+0.260%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.217%$195K$202K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2120+0.208%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2121+0.235%$188K$819K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2122+0.312%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2104−0.534%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2122+0.298%$212K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0340%1h0.2121+0.255%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0506%1h0.2126+0.473%$12.2M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0247%1h0.2120+0.190%$39K100xas long as short
dYdX XLM-USD+0.0967%1h0.2106−0.442%$26K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.1118%1h0.2123+0.340%$526K$136K25xas long as short