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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.050%
Price spread now: Kraken Futures against BingX+0.029%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.127%−$13 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.029%, 7d avg +0.030%
Together, before fees−0.177%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDC0.21320.0100pay 0.0100% / 8h3h 16m$6.7M
ShortKraken Futures PF_XLMUSD0.21330.0186get 0.0023% / 1h16m 20s$2.6M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
$17.96
Price spread: +0.029% → +0.030%
−$0.07
Slippage, 4 orders
−$57.57
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$59.69
Costs to cover
0.776%
Break-even
30.3 days
Slippage from BingX: live order book, 6 min ago; Kraken Futures: live order book, 2 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 BingX live order book, 6 min ago1.41 bp25.4 bp −$25121.0 bp −$1,2101091.3 bp −$109.1K1338.0 bp −$669.0K
Sell Kraken Futures live order book, 2 min ago2.11 bp19.5 bp −$1931.8 bp −$31882.3 bp −$8,230doesn'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%1h0.2131−0.036%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.338%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2136+0.169%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2133+0.046%$567K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2133+0.028%$54.8M$158.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2132−0.009%$43.1M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2132−0.014%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2132+0.014%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2134+0.075%$25.0M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2133+0.042%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2132−0.028%$25.7M$22.0M75xas long as short
BingX XLM-USDClong+0.0100%8h0.2132long leg$6.7M
Variational Omni XLM+0.0100%8h0.2133+0.043%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2134+0.083%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134+0.065%$598K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133+0.033%$171K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2133+0.038%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2132−0.023%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2135+0.136%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2136+0.169%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2136+0.159%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2132−0.028%$192K$1.8M10xas long as short
Kraken Futures PF_XLMUSDshort+0.0186%1h0.2133+0.029%$2.6M$2.7M50x
Hyperliquid XLM+0.0187%1h0.2135+0.113%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.098%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2132+0.009%$5K$46K5xas long as short
dYdX XLM-USD+0.0297%1h0.2133+0.018%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0455%1h0.2134+0.080%$127K$291K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2137+0.202%$246K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2131−0.049%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0829%1h0.2134+0.070%$529K$159K25xas long as short