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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.141%7-day average +0.002% · 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−$38as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.141%, 7d avg +0.002%
Together, before fees−0.258%+ Points / potential airdropedgeX: Active · farm board−$26 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: KuCoin is 0.139% dearer against edgeX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21230.0100pay 0.0050% / 4h2h 11m$12K$311K10x
ShortKuCoin XLMUSDTM0.21260.0100get 0.0100% / 8h6h 11m$13.8M$8.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.141% → +0.002%
$13.86
Slippage, 4 orders
−$31.21
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$38.35
Costs to cover
0.522%
Break-even
never at this rate
Slippage from edgeX: live order book, 39 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 edgeX live order book, 39 min ago3.07 bp8.1 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.12 bp16.0 bp −$1641.9 bp −$419doesn't fitdoesn't fit

XLM on 31 exchanges

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%1h0.2125+0.081%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.089%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2127+0.197%$372K$861K5xas long as short
Aster XLMUSDT+0.0100%8h0.2127+0.196%$564K$476K75xas long as short
Binance XLMUSDT+0.0100%8h0.2126+0.131%$55.0M$148.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2125+0.089%$44.1M$42.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2125+0.098%$12.3M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2125+0.098%$4.0M$7.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2126+0.150%$24.6M$28.4M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2126+0.141%$13.8M$8.7M75x
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2126+0.117%$25.9M$21.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2126+0.122%$6.8Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2126+0.150%$120K$317K20xas long as short
Variational Omni XLM+0.0100%8h0.2121−0.098%$254K$1.2Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2123long leg$12K$311K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2125+0.075%$586K$530K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2124+0.028%$170K$251K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2125+0.089%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2126+0.136%$2K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127+0.188%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2127+0.183%$189K$181K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.183%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2126+0.113%$190K$627K10xas long as short
Phoenix XLM+0.0150%1h0.2124+0.046%$4K$47K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2124+0.065%$2.3M$5.3M75xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2123−0.005%$211K$1.4M50xas long as short
Hyperliquid XLM+0.0398%1h0.2128+0.221%$12.3M$5.6M5xas long as short
Kraken Futures PF_XLMUSD+0.0484%1h0.2128+0.207%$2.6M$2.5M50xas long as short
dYdX XLM-USD+0.0529%1h0.2126+0.129%$27K$5K10xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0535% / S −0.0261%1h0.2125+0.071%$41K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0926%1h0.2129+0.287%$528K$100K25xas long as short