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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: SunX against Extended+0.014%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1371.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.014%, 7d avg +0.067%
Together, before fees+0.050%+ Points / potential airdropExtended: Active · farm board+$5 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: SunX is 0.053% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21330.0104pay 0.0013% / 1h16m 52s$192K$1.8M10x
ShortSunX XLM-USDT0.21330.0100get 0.0100% / 8h3h 16m$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$0.84
Price spread: +0.014% → +0.067%
−$5.34
Slippage, 4 orders
−$123.71
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$142.88
Costs to cover
1.367%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; SunX: live order book, 8 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, 2 min ago2.11 bp6.9 bp −$715.8 bp −$158doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago29.45 bp76.9 bp −$77doesn't fitdoesn'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%1h0.2134+0.086%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.356%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2139+0.277%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2133+0.042%$567K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2133−0.003%$54.8M$158.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2132−0.028%$43.1M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2132−0.024%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2133+0.009%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2132−0.005%$25.0M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2133+0.009%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2132−0.019%$25.7M$22.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2132−0.014%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2133+0.025%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2134+0.064%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134+0.046%$598K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133+0.014%$171K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2135+0.112%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2133+0.014%$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2135+0.117%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2136+0.150%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2136+0.141%$9.0M$9.0M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2133long leg$192K$1.8M10x
Kraken Futures PF_XLMUSD+0.0185%1h0.2136+0.145%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0186%1h0.2135+0.095%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.080%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2132−0.010%$5K$46K5xas long as short
dYdX XLM-USD+0.0304%1h0.2135+0.094%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0455%1h0.2134+0.061%$127K$291K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2137+0.183%$246K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2135+0.090%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0921%1h0.2137+0.206%$530K$157K25xas long as short