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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.019%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as 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+0.090%+$9 on $10k
Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.019%, 7d avg −0.009%
Together, before fees+0.035%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21430.0100pay 0.0100% / 8h3h 31m$43.6M$39.6M75x
ShortExtended XLM-USD0.21430.0104get 0.0013% / 1h31m 25s$196K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.84
Price spread: −0.019% → −0.009%
−$0.98
Slippage, 4 orders
−$13.79
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$29.93
Costs to cover
0.298%
Break-even
256.4 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 3 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 Bybit live order book, 3 min ago2.34 bp7.8 bp −$813.2 bp −$13258.5 bp −$5,852doesn't fit
Sell Extended live order book, 3 min ago2.10 bp4.6 bp −$517.5 bp −$175doesn'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
dYdX XLM-USD0.0000%1h0.2144+0.046%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2143−0.005%$10K150xas long as short
Binance XLMUSDT+0.0100%8h0.2144+0.034%$55.4M$144.1M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2143long leg$43.6M$39.6M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2142−0.037%$13.0M$40.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2143+0.009%$3.9M$5.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2144+0.033%$25.8M$24.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2143−0.009%$14.4M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2143+0.005%$25.4M$17.2M75xas long as short
BingX XLM-USDT+0.0100%8h0.2143+0.014%$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLM+0.0100%8h0.2144+0.025%$216K$946Kas long as short
edgeX XLMUSDC+0.0100%4h0.2143−0.014%$12K$298K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2145+0.102%$597K$583K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2141−0.075%$172K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.21430.000%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2141−0.098%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2144+0.023%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2145+0.093%$200K$271K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2145+0.093%$8.9M$8.9M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2143−0.019%$196K$1.6M10x
Aster XLMUSDT+0.0110%8h0.2143+0.005%$590K$786K75xas long as short
Phoenix XLM+0.0188%1h0.2143−0.005%$5K$40K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2142−0.028%$2.3M$6.3M75xas long as short
Backpack XLM_USDC_PERP+0.0236%1h0.2144+0.023%$94K$212K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0310% / S −0.0164%1h0.2143+0.010%$44K100xas long as short
Injective XLM/USDC PERP+0.0346%1h0.2123−0.933%$476$85K12xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2147+0.191%$236K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0401%1h0.2145+0.088%$2.6M$2.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0543%1h0.2147+0.163%$533K$166K25xas long as short
Hyperliquid XLM+0.0563%1h0.2146+0.149%$11.9M$5.8M5xas long as short
Lighter XLM+0.0912%1h0.2149+0.257%$427K$781K5xas long as short