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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.059%
Price spread now: Aster against Hyperliquid−0.022%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.022%, 7d avg −0.016%
Together, before fees+0.011%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XLM0.21180.0111pay 0.0014% / 1h54m 13s$12.1M$6.4M5x
ShortAster XLMUSDT0.21180.0100get 0.0100% / 8h2h 54m$562K$624K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
−$2.33
Price spread: −0.022% → −0.016%
−$0.57
Slippage, 4 orders
−$26.5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$46.41
Costs to cover
0.435%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Aster: live order book, 58 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 Hyperliquid live order book, 8 min ago0.71 bp8.1 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 58 min ago2.56 bp8.7 bp −$922.4 bp −$224doesn'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%1h0.2116−0.134%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.312%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2119+0.042%$372K$959K5xas long as short
Aster XLMUSDTshort+0.0100%8h0.2118−0.022%$562K$624K75x
Binance XLMUSDT+0.0100%8h0.2117−0.066%$54.1M$159.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2116−0.113%$42.9M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2116−0.094%$12.4M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2116−0.123%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2117−0.080%$25.1M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117−0.080%$13.9M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2116−0.094%$25.6M$22.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2117−0.090%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2116−0.094%$126K$294K20xas long as short
Variational Omni XLM+0.0100%8h0.2121+0.129%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124+0.277%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.269%$595K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2125+0.321%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2116−0.113%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2112−0.312%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2117−0.090%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2117−0.047%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2117−0.071%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2116−0.123%$190K$1.8M10xas long as short
Hyperliquid XLMlong+0.0111%1h0.2118long leg$12.1M$6.4M5x
dYdX XLM-USD+0.0139%1h0.2115−0.137%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2117−0.064%$2.6M$2.7M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2120+0.061%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2126+0.359%$5K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2121+0.109%$234K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2115−0.154%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0790%1h0.2118−0.033%$525K$162K25xas long as short