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−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: SoDEX against BloFin−0.558%56s7-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 3 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 SoDEX is 0.558% cheaper against BloFin than usual: you would sell low and buy high (−$56 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21500.0220pay 0.0220% / 8h3h 41m$2.3M$5.5M75x
ShortSoDEX XLM-USD0.21390.0100get 0.0013% / 1h41m 33s$583$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.558% → 0.000%
−$55.8
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$101
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; SoDEX: 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, 2 min ago5.12 bp11.6 bp −$1214.3 bp −$14325.3 bp −$2,535doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2138−0.562%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−1.186%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2141−0.456%$376K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2138−0.585%$568K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2137−0.625%$54.8M$157.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2136−0.674%$43.2M$46.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2135−0.702%$12.6M$43.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2136−0.660%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2136−0.665%$23.9M$27.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2137−0.642%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2135−0.702%$25.8M$21.9M75xas long as short
BingX XLM-USDC+0.0100%8h0.2136−0.688%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2142−0.389%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2148−0.129%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2148−0.139%$602K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2145−0.265%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2139−0.535%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2136−0.665%$2K$1.6M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2139−0.558%$583$6K5x
HTX XLM-USDT+0.0100%8h0.2138−0.581%$197K$254K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2139−0.530%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2135−0.706%$191K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2139−0.533%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0200%1h0.2140−0.507%$12.3M$6.3M5xas long as short
dYdX XLM-USD+0.0217%1h0.2137−0.645%$23K$2K10xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2150long leg$2.3M$5.5M75x
Phoenix XLM+0.0225%1h0.2148−0.121%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2147−0.153%$250K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2139−0.558%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0663%1h0.2139−0.549%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUAL+0.0779%1h0.2140−0.484%$531K$154K25xas long as short