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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.131%
Price spread now: Injective against Aster+0.317%7-day average −0.215% · 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 7 days−0.240%−$24 on $10k
Price spread, last 3 days (all we have)−0.458%−$46 · spread now +0.317%, 7d avg −0.215%
Together, before fees−0.698%+ Points / potential airdropAster: Stage 5 · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.532% dearer against Aster than usual: you sell high and buy low (spread +0.317% now, against its 7-day average of −0.215%): +$53 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLMUSDT0.21180.0129pay 0.0129% / 8h6h 42m$566K$631K75x
ShortInjective XLM/USDC PERP0.21250.0033get 0.0004% / 1h42m 41s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
−$20.16
Price spread: +0.317% → −0.215%
$53.2
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$25.02
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: live order book, 25 min ago; Injective: no order-book sample. 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 Aster live order book, 25 min ago3.00 bp14.6 bp −$1544.7 bp −$447doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
dYdX XLM-USD0.0000%1h0.2118−0.029%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2123+0.229%$4K150xas long as short
Injective XLM/USDC PERPshort+0.0033%1h0.2125+0.317%$683$241K12x
Lighter XLM+0.0096%1h0.2119+0.038%$366K$884K5xas long as short
Binance XLMUSDT+0.0100%8h0.2119+0.014%$53.8M$154.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2118−0.014%$42.7M$45.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2117−0.042%$12.7M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2117−0.052%$4.0M$6.5M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2118−0.009%$24.1M$26.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117−0.056%$14.0M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2119+0.052%$25.2M$20.5M75xas long as short
BingX XLM-USDT+0.0100%8h0.2118−0.005%$7.2Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2121+0.118%$88K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2127+0.419%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2130+0.555%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2126+0.355%$595K$612K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2128+0.472%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2122+0.175%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2108−0.491%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122+0.170%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2126+0.350%$196K$269K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122+0.151%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2117−0.045%$189K$1.8M10xas long as short
Aster XLMUSDTlong+0.0129%8h0.2118long leg$566K$631K75x
Hyperliquid XLM+0.0158%1h0.2120+0.099%$12.2M$6.4M5xas long as short
Phoenix XLM+0.0187%1h0.2126+0.364%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.751%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0381%1h0.2122+0.179%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2129+0.505%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0525% / S −0.0198%1h0.2124+0.262%$45K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0598%1h0.2123+0.241%$527K$150K25xas long as short