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% APRpaid last 24h 0.000%
Price spread now: Binance against edgeX+0.295%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs+$3as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.295%, 7d avg +0.005%
Together, before fees−0.364%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.290% dearer against edgeX than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21140.0100pay 0.0050% / 4h1h 27m$12K$306K10x
ShortBinance XLMUSDT0.21210.0100get 0.0100% / 8h1h 27m$54.5M$162.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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: +0.295% → +0.005%
$29.02
Slippage, 4 orders
−$7.34
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$2.68
Costs to cover
0.263%
Break-even
from the start
Slippage from edgeX: live order book, 15 min ago; Binance: live order book, 16 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 edgeX live order book, 15 min ago1.18 bp6.0 bp −$652.3 bp −$523doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.24 bp6.3 bp −$612.4 bp −$12432.6 bp −$3,260117.1 bp −$58.5K

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%1h0.2115+0.008%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.504%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.362%$360K$938K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119+0.234%$562K$634K75xas long as short
Binance XLMUSDTshort+0.0100%8h0.2121+0.295%$54.5M$162.8M75x
Bybit XLMUSDT+0.0100%8h0.2119+0.220%$42.9M$47.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120+0.267%$12.2M$44.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119+0.215%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121+0.305%$25.0M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120+0.262%$14.0M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120+0.258%$25.5M$23.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2119+0.243%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2113−0.058%$252K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2114long leg$12K$306K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2114−0.026%$593K$593K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2114−0.017%$169K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2116+0.078%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2115+0.040%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2117+0.106%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2114−0.031%$195K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2117+0.130%$8.7M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2120+0.252%$188K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0156%1h0.2117+0.135%$110K$339K20xas long as short
Hyperliquid XLM+0.0161%1h0.2122+0.343%$12.1M$6.5M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2114−0.017%$2.3M$5.5M75xas long as short
dYdX XLM-USD+0.0248%1h0.2119+0.203%$23K$2K10xas long as short
Phoenix XLM+0.0263%1h0.2117+0.149%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0333%1h0.2117+0.145%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2116+0.064%$221K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0247%1h0.2116+0.061%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0932%1h0.2118+0.158%$525K$168K25xas long as short