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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against SunX−0.145%74s7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2142.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.072%−$7 on $10k
Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.145%, 7d avg −0.092%
Together, before fees−0.094%+ Points / potential airdropGRVT: Active · farm board−$9 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: GRVT is 0.053% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.092%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21550.0100pay 0.0100% / 8h1m 48s$2K$1.7M20x
ShortGRVT XLM_USDT_Perp0.21520.0100get 0.0100% / 8h1m 48s$595K$604K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.145% → −0.092%
−$5.31
Slippage, 4 orders
−$196.81
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$219.12
Costs to cover
2.138%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; GRVT: live order book, 11 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 ago64.26 bp82.7 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 11 min ago1.39 bp9.9 bp −$1019.5 bp −$195doesn'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
Injective XLM/USDC PERP−0.5000%1h0.2157+0.102%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2153−0.102%$4K150xas long as short
dYdX XLM-USD+0.0090%1h0.2152−0.144%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2156+0.067%$578K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2153−0.088%$55.5M$151.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2152−0.130%$43.7M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2152−0.121%$13.0M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2153−0.097%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2154−0.051%$24.9M$26.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2153−0.093%$14.3M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2152−0.111%$25.6M$19.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2152−0.116%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2154−0.051%$89K$271K20xas long as short
Variational Omni XLM+0.0100%8h0.2145−0.445%$267K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2148−0.295%$12K$301K10xas long as short
GRVT XLM_USDT_Perpshort+0.0100%8h0.2152−0.145%$595K$604K10x
ApeX Omni XLMUSDT+0.0100%1h0.2148−0.325%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2154−0.037%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2155long leg$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2153−0.088%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2152−0.121%$198K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2153−0.102%$9.0M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2153−0.106%$192K$1.6M10xas long as short
Lighter XLM+0.0168%1h0.2156+0.056%$397K$836K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2152−0.107%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0222%1h0.2149−0.274%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0315% / S −0.0167%1h0.2152−0.114%$45K100xas long as short
Hyperliquid XLM+0.0323%1h0.21550.000%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0414%1h0.2153−0.063%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2155−0.009%$229K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0772%1h0.21550.000%$535K$161K25xas long as short