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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended+0.163%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 4 days (all we have)−0.441%−$44 · spread now +0.163%, 7d avg +0.048%
Together, before fees−0.256%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.115% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21250.0104pay 0.0013% / 1h20m 56s$189K$810K10x
ShortBloFin XLM-USDT0.21290.0220get 0.0220% / 8h7h 20m$2.4M$5.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$24.36
Price spread: +0.163% → +0.048%
$11.48
Slippage, 4 orders
−$12.69
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$6.15
Costs to cover
0.297%
Break-even
5.2 days
Slippage from Extended: live order book, 22 min ago; BloFin: 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 Extended live order book, 22 min ago2.13 bp8.5 bp −$917.4 bp −$174doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.24 bp7.8 bp −$816.4 bp −$16440.1 bp −$4,009doesn'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%1h0.2124−0.074%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.007%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2130+0.233%$367K$929K5xas long as short
Aster XLMUSDT+0.0100%8h0.21250.000%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2126+0.031%$55.2M$159.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2125−0.011%$43.9M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2125−0.007%$12.2M$45.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2126+0.040%$4.0M$7.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2127+0.064%$24.0M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2126+0.040%$14.0M$9.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2125+0.008%$25.7M$23.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2125+0.008%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2129+0.158%$130K$342K20xas long as short
Variational Omni XLM+0.0100%8h0.2126+0.049%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.309%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.166%$590K$558K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2120−0.261%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128+0.135%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.110%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2128+0.130%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.030%$196K$202K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.097%$8.7M$8.7M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2125long leg$189K$810K10x
BloFin XLM-USDTshort+0.0220%8h0.2129+0.163%$2.4M$5.4M75x
Phoenix XLM+0.0226%1h0.2125+0.012%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2126+0.055%$212K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0339%1h0.2128+0.142%$2.6M$2.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0493% / S −0.0229%1h0.2127+0.068%$38K100xas long as short
Hyperliquid XLM+0.0506%1h0.2128+0.135%$12.2M$6.3M5xas long as short
dYdX XLM-USD+0.0939%1h0.2124−0.069%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.1019%1h0.2130+0.215%$528K$135K25xas long as short