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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.131%
Price spread now: Injective against HTX+0.912%65s7-day average −0.259% · you sell dearer than you buy
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 7 days−0.245%−$24 on $10k
Price spread, last 3 days (all we have)−0.907%−$91 · spread now +0.912%, 7d avg −0.259%
Together, before fees−1.152%−$115 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 1.171% dearer against HTX than usual: you sell high and buy low (spread +0.912% now, against its 7-day average of −0.259%): +$117 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 59 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XLM-USDT0.21060.0100pay 0.0100% / 8h6h 40m$194K$269K20x
ShortInjective XLM/USDC PERP0.21250.0033get 0.0004% / 1h40m 13s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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
−$14
Price spread: +0.912% → −0.259%
$117.05
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$91.03
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: live order book, 26 min ago; Injective: no order-book sample. 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 HTX live order book, 26 min ago29.57 bp35.6 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX XLM-USD0.0000%1h0.2108+0.089%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2107+0.058%$4K150xas long as short
Injective XLM/USDC PERPshort+0.0033%1h0.2125+0.912%$683$241K12x
Lighter XLM+0.0096%1h0.2113+0.356%$359K$891K5xas long as short
Binance XLMUSDT+0.0100%8h0.2112+0.304%$53.6M$154.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2111+0.247%$42.4M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2110+0.204%$12.6M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2107+0.033%$4.0M$6.5M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2113+0.342%$23.7M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2111+0.256%$14.0M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2110+0.223%$25.1M$20.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2108+0.100%$7.2Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2115+0.461%$88K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2115+0.445%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125+0.935%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2126+0.951%$595K$612K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2124+0.860%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2110+0.199%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2098−0.375%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2111+0.237%$2K$6K5xas long as short
HTX XLM-USDTlong+0.0100%8h0.2106long leg$194K$269K20x
Phemex XLMUSDT+0.0100%8h0.2111+0.266%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2110+0.198%$190K$1.8M10xas long as short
Aster XLMUSDT+0.0120%8h0.2108+0.110%$564K$630K75xas long as short
Hyperliquid XLM+0.0129%1h0.2108+0.109%$12.1M$6.4M5xas long as short
Phoenix XLM+0.0187%1h0.2126+0.959%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+1.349%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0383%1h0.2113+0.346%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2113+0.351%$228K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0509%1h0.2111+0.242%$524K$150K25xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0524% / S −0.0198%1h0.2106+0.028%$44K100xas long as short