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+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: Orderly against Injective+0.094%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.094% dearer against Injective than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21250.0033pay 0.0004% / 1h18m 57s$683$241K12x
ShortOrderly PERP_XLM_USDC_mythos0.21270.0100get 0.0050% / 4h1h 18m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14
Price spread: +0.094% → 0.000%
$9.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
$17.39
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Orderly: 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 Injective no order-book sample
Sell Orderly no order-book sample
Injective and Orderly: 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%1h0.2126+0.029%$4K150xas long as short
Injective XLM/USDC PERPlong+0.0033%1h0.2125long leg$683$241K12x
Lighter XLM+0.0096%1h0.2130+0.245%$368K$946K5xas long as short
Aster XLMUSDT+0.0100%8h0.2130+0.212%$564K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2128+0.163%$54.7M$162.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2127+0.099%$43.1M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2128+0.127%$12.2M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127+0.104%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2129+0.165%$25.0M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2127+0.104%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2127+0.104%$25.5M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2127+0.118%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2125+0.006%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125−0.019%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124−0.033%$596K$593K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.071%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2127+0.094%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2128+0.132%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127+0.118%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2129+0.184%$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%1h0.2128+0.131%$189K$1.6M10xas long as short
Hyperliquid XLM+0.0204%1h0.2130+0.249%$12.1M$6.5M5xas long as short
dYdX XLM-USD+0.0210%1h0.2127+0.096%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2128+0.151%$2.3M$5.6M75xas long as short
Backpack XLM_USDC_PERP+0.0223%1h0.2128+0.160%$130K$349K20xas long as short
Phoenix XLM+0.0263%1h0.2128+0.127%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0331%1h0.2128+0.129%$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%1h0.2126+0.044%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0879%1h0.2129+0.174%$528K$168K25xas long as short