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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against SunX−0.102%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1401.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.102%, 7d avg −0.063%
Together, before fees+0.008%+ Points / potential airdropExtended: Active · farm board+$1 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: Extended is 0.038% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21310.0100pay 0.0100% / 8h42m 16s$2K$1.6M20x
ShortExtended XLM-USD0.21290.0104get 0.0013% / 1h42m 16s$190K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.102% → −0.063%
−$3.82
Slippage, 4 orders
−$126.8
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$142.78
Costs to cover
1.398%
Break-even
1196.9 days
Slippage from SunX: live order book, 3 min ago; Extended: 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, 3 min ago29.32 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 1 min ago4.23 bp7.8 bp −$819.4 bp −$194doesn't fitdoesn'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%1h0.2128−0.115%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.277%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2130−0.023%$367K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2128−0.140%$565K$595K75xas long as short
Binance XLMUSDT+0.0100%8h0.2129−0.067%$54.6M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2128−0.136%$43.2M$47.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2129−0.094%$12.2M$44.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2129−0.108%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2129−0.075%$24.3M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2127−0.160%$14.1M$9.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2129−0.094%$25.6M$22.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2129−0.094%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2129−0.085%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2131+0.004%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128−0.131%$588K$597K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127−0.174%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128−0.136%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2131long leg$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2129−0.089%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2127−0.178%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2125−0.253%$8.7M$9.0M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2129−0.102%$190K$1.4M10x
BloFin XLM-USDT+0.0220%8h0.2126−0.230%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2130−0.033%$4K$50K5xas long as short
Backpack XLM_USDC_PERP+0.0331%1h0.2125−0.267%$130K$347K20xas long as short
dYdX XLM-USD+0.0363%1h0.2127−0.203%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2127−0.192%$220K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2128−0.119%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0547%1h0.2130−0.058%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0613%1h0.2132+0.028%$12.2M$6.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0924%1h0.2131+0.009%$528K$172K25xas long as short