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−0.0364%/8h= −39.9% APRpaid last 24h −0.095%
Price spread now: Variational Omni against Coinbase International−0.265%7-day average −0.118% · 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 4 days (all we have)−0.238%−$24 on $10k
Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.265%, 7d avg −0.118%
Together, before fees−0.068%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.147% cheaper against Coinbase International than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XLM-PERP-INTX0.21390.0464pay 0.0058% / 1h19m 34s$246K$1.6M50x
ShortVariational Omni XLM0.21330.0100get 0.0100% / 8h3h 19m$255K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. 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
−$76.44
Price spread: −0.265% → −0.118%
−$14.7
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$101.14
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. 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 Coinbase International live order book, 4 min ago3.05 bp13.9 bp −$1418.3 bp −$183doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago7.03 bpdoesn't fit16.4 bp −$164doesn'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%1h0.2136−0.143%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.645%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2137−0.061%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2135−0.186%$568K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2134−0.205%$54.8M$157.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2133−0.252%$43.1M$46.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134−0.220%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2134−0.234%$4.2M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2133−0.271%$24.9M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2135−0.192%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2134−0.243%$25.8M$22.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2133−0.271%$7.3Mas long as short
Variational Omni XLMshort+0.0100%8h0.2133−0.265%$255K$1.3M
edgeX XLMUSDC+0.0100%4h0.2134−0.226%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134−0.244%$598K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2134−0.210%$171K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2138−0.037%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2136−0.145%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2137−0.061%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2138−0.042%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2138−0.056%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2133−0.267%$192K$1.8M10xas long as short
Hyperliquid XLM+0.0182%1h0.2137−0.102%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2138−0.043%$2.6M$2.7M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2134−0.215%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2129−0.454%$5K$46K5xas long as short
dYdX XLM-USD+0.0306%1h0.2133−0.288%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTXlong+0.0464%1h0.2139long leg$246K$1.6M50x
Backpack XLM_USDC_PERP+0.0467%1h0.2137−0.094%$128K$294K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2136−0.126%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0920%1h0.2139+0.019%$530K$157K25xas long as short