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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0065%/8h= −7.1% APRnext payment $0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Backpack−0.031%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.031%, 7d avg −0.037%
Together, before fees+0.035%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack XLM_USDC_PERP0.21650.0169pay 0.0021% / 1h14m 05s$102K$260K20x
ShortExtended XLM-USD0.21640.0104get 0.0013% / 1h14m 05s$194K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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
−$13.69
Price spread: −0.031% → −0.037%
$0.64
Slippage, 4 orders
−$14.85
Fee Backpack: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.9
Costs to cover
0.298%
Break-even
never at this rate
Slippage from Backpack: live order book, 4 min ago; Extended: live order book, 4 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 Backpack live order book, 4 min ago0.92 bp9.9 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago2.77 bp5.3 bp −$515.2 bp −$152doesn'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%1h0.2163−0.084%$4K150xas long as short
dYdX XLM-USD+0.0021%1h0.2164−0.041%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2166+0.035%$587K$805K75xas long as short
Binance XLMUSDT+0.0100%8h0.2165−0.007%$56.2M$150.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2165−0.023%$44.0M$43.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2164−0.065%$13.1M$42.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2163−0.069%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2165+0.018%$26.3M$26.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2164−0.028%$14.6M$10.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2164−0.042%$25.8M$19.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2165−0.005%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2166+0.057%$297K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2163−0.087%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2166+0.027%$600K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2163−0.111%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164−0.046%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2162−0.157%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2163−0.069%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2164−0.042%$200K$263K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2164−0.060%$9.1M$9.1M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2164−0.031%$194K$1.6M10x
Backpack XLM_USDC_PERPlong+0.0169%1h0.2165long leg$102K$260K20x
BloFin XLM-USDT+0.0220%8h0.2165+0.009%$2.3M$5.7M75xas long as short
Phoenix XLM+0.0221%1h0.2168+0.129%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2163−0.092%$45K100xas long as short
Lighter XLM+0.0344%1h0.2168+0.120%$419K$813K5xas long as short
Hyperliquid XLM+0.0397%1h0.2168+0.143%$12.3M$6.1M5xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2167+0.074%$234K$1.5M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2036−5.958%$5K$238K12xas long as short
Kraken Futures PF_XLMUSD+0.0505%1h0.2164−0.033%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0767%1h0.2165+0.014%$537K$175K25xas long as short