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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.291%
Price spread now: Lighter against Injective+0.216%7-day average +0.251% · 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+0.384%+$38 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.216%, 7d avg +0.251%
Together, before fees+0.278%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.035% cheaper against Injective than usual: you would sell low and buy high (spread +0.216% now, against its 7-day average of +0.251%). If the spread goes back, that is −$3 on $10k: about 44 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.384% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21250.0033pay 0.0004% / 1h15m 07s$683$241K12x
ShortLighter XLM0.21300.0096get 0.0012% / 1h15m 07s$368K$946K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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
$13.16
Price spread: +0.216% → +0.251%
−$3.46
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$9.68
Costs to cover
0.000%
Break-even
1.9 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 25 min ago. 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 Injective no order-book sample
Sell Lighter live order book, 25 min ago7.78 bp23.0 bp −$2359.3 bp −$593doesn't fitdoesn't fit
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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2125+0.018%$4K150xas long as short
Injective XLM/USDC PERPlong+0.0033%1h0.2125long leg$683$241K12x
Lighter XLMshort+0.0096%1h0.2130+0.216%$368K$946K5x
Aster XLMUSDT+0.0100%8h0.2128+0.159%$564K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2128+0.127%$54.6M$162.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2126+0.052%$43.1M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2127+0.099%$12.2M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2126+0.066%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2127+0.080%$24.9M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2127+0.075%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2127+0.080%$25.5M$22.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2127+0.071%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2126+0.053%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2128+0.132%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.151%$597K$593K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.113%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126+0.047%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2126+0.033%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127+0.099%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2127+0.113%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.085%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2126+0.070%$189K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0220%1h0.2127+0.108%$130K$349K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2127+0.085%$2.3M$5.5M75xas long as short
Hyperliquid XLM+0.0242%1h0.2130+0.216%$12.1M$6.5M5xas long as short
dYdX XLM-USD+0.0253%1h0.2126+0.030%$23K$2K10xas long as short
Phoenix XLM+0.0263%1h0.2129+0.193%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0331%1h0.2128+0.118%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2125+0.014%$222K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2125−0.006%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0973%1h0.2128+0.141%$527K$168K25xas long as short