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: KuCoin against Bybit+0.009%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.009%, 7d avg +0.029%
Together, before fees+0.025%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21660.0100pay 0.0100% / 8h7h 23m$44.2M$44.0M75x
ShortKuCoin XLMUSDTM0.21660.0100get 0.0100% / 8h7h 23m$14.4M$10.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.009% → +0.029%
−$1.94
Slippage, 4 orders
−$36.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$61.22
Costs to cover
0.593%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago2.31 bp11.8 bp −$1216.8 bp −$16856.0 bp −$5,595doesn't fit
Sell KuCoin live order book, 5 min ago1.39 bp19.4 bp −$1934.7 bp −$347doesn'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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.425%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2169+0.111%$4K150xas long as short
dYdX XLM-USD+0.0040%1h0.2166−0.025%$24K$2K10xas long as short
Lighter XLM+0.0096%1h0.2169+0.129%$400K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2167+0.032%$55.9M$150.9M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2166long leg$44.2M$44.0M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2165−0.032%$13.2M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2166+0.009%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2167+0.023%$25.2M$26.5M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2166+0.009%$14.4M$10.2M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2165−0.032%$25.8M$19.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2166−0.014%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2170+0.157%$89K$265K20xas long as short
Variational Omni XLM+0.0100%8h0.2166−0.003%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2165−0.044%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2165−0.065%$610K$590K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2164−0.088%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2170+0.175%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2167+0.046%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2170+0.175%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2168+0.102%$200K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2170+0.189%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2166−0.025%$194K$1.7M10xas long as short
Aster XLMUSDT+0.0145%8h0.2167+0.047%$581K$660K75xas long as short
Kraken Futures PF_XLMUSD+0.0182%1h0.2170+0.184%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2170+0.152%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2165−0.065%$5K$42K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2170+0.194%$230K$1.5M50xas long as short
Hyperliquid XLM+0.0536%1h0.2169+0.143%$12.5M$6.2M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0599% / S −0.1125%1h0.2169+0.126%$174K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0718%1h0.2172+0.245%$539K$150K25xas long as short