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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BingX−0.005%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1531.528% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.005%, 7d avg +0.042%
Together, before fees+0.141%+$14 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: SunX is 0.046% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDC0.21280.0100pay 0.0100% / 8h1h 18m$6.7M
ShortSunX XLM-USDT0.21280.0100get 0.0100% / 8h1h 18m$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.005% → +0.042%
−$4.63
Slippage, 4 orders
−$134.83
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$157.46
Costs to cover
1.528%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; SunX: live order book, 7 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, 4 min ago1.18 bp16.6 bp −$1794.6 bp −$946824.4 bp −$82.4K1112.3 bp −$556.2K
Sell SunX live order book, 7 min ago29.34 bp76.2 bp −$76doesn't fitdoesn'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%1h0.2127−0.051%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.155%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2131+0.136%$368K$946K5xas long as short
Aster XLMUSDT+0.0100%8h0.2130+0.068%$564K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2129+0.028%$54.7M$162.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2127−0.038%$43.1M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2128−0.014%$12.3M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127−0.047%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2129+0.023%$25.0M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.21280.000%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2128−0.028%$25.5M$23.0M75xas long as short
BingX XLM-USDClong+0.0100%8h0.2128long leg$6.7M
Variational Omni XLM+0.0100%8h0.2125−0.149%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125−0.174%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124−0.188%$596K$593K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127−0.085%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128−0.014%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2128−0.005%$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2128+0.005%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2129+0.028%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2128−0.019%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2128−0.013%$189K$1.6M10xas long as short
dYdX XLM-USD+0.0210%1h0.2127−0.060%$23K$2K10xas long as short
Hyperliquid XLM+0.0212%1h0.2130+0.094%$12.1M$6.5M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2128−0.005%$2.3M$5.6M75xas long as short
Backpack XLM_USDC_PERP+0.0223%1h0.2128+0.005%$130K$349K20xas long as short
Phoenix XLM+0.0263%1h0.2128−0.028%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0331%1h0.2129+0.035%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2125−0.141%$222K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2127−0.064%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0878%1h0.2130+0.066%$528K$168K25xas long as short