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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Orderly against BloFin−1.040%652s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 1.040% cheaper against BloFin than usual: you would sell low and buy high (−$104 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 652 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21340.0220pay 0.0220% / 8h6h 38m$2.3M$5.2M75x
ShortOrderly PERP_XLM_USDC_mythos0.21120.0100get 0.0050% / 4h2h 38m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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
−$25.2
Price spread: −1.040% → 0.000%
−$104.02
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$147.22
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 11 min ago; Orderly: 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 BloFin live order book, 11 min ago3.52 bp9.9 bp −$1013.7 bp −$13730.9 bp −$3,092doesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h0.2114−0.966%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2112−1.058%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.431%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2112−1.059%$359K$892K5xas long as short
Binance XLMUSDT+0.0100%8h0.2114−0.939%$53.7M$155.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2114−0.946%$42.5M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2114−0.951%$12.6M$41.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2112−1.050%$4.0M$6.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2112−1.040%$23.7M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2112−1.031%$14.0M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2113−1.007%$25.1M$20.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2113−1.012%$7.2Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2111−1.082%$88K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2115−0.892%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125−0.409%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2115−0.909%$592K$612K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2124−0.483%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2112−1.040%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2110−1.134%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2111−1.087%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2115−0.895%$195K$269K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2112−1.059%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2111−1.099%$190K$1.8M10xas long as short
Aster XLMUSDT+0.0120%8h0.2112−1.043%$565K$633K75xas long as short
Hyperliquid XLM+0.0133%1h0.2115−0.909%$12.2M$6.4M5xas long as short
Phoenix XLM+0.0187%1h0.2116−0.853%$5K$46K5xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2134long leg$2.3M$5.2M75x
Kraken Futures PF_XLMUSD+0.0383%1h0.2111−1.099%$2.5M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2116−0.872%$232K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0508%1h0.2112−1.017%$524K$150K25xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0193%1h0.2111−1.079%$44K100xas long as short