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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.162%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days+0.150%+$15 · spread now −0.162%, 7d avg −0.028%
Together, before fees+0.136%+$14 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: Bybit is 0.133% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XLMUSDTM0.21030.0100pay 0.0100% / 8h2h 25m$13.7M$9.4M75x
ShortBybit XLMUSDT0.21000.0100get 0.0100% / 8h2h 25m$42.3M$47.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
Price spread: −0.162% → −0.028%
−$13.35
Slippage, 4 orders
−$31.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$68.13
Costs to cover
0.548%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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 KuCoin live order book, 4 min ago2.14 bp15.9 bp −$1637.0 bp −$370doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.39 bp7.9 bp −$817.4 bp −$17459.2 bp −$5,922doesn'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%1h0.2103−0.028%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.032%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2106+0.114%$352K$991K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100−0.160%$556K$630K75xas long as short
Binance XLMUSDT+0.0100%8h0.2101−0.095%$53.7M$161.5M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2100−0.162%$42.3M$47.2M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2101−0.128%$12.2M$43.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2100−0.133%$3.9M$7.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2101−0.105%$24.1M$28.3M300xas long as short
KuCoin XLMUSDTMlong+0.0100%8h0.2103long leg$13.7M$9.4M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2100−0.171%$25.3M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2100−0.176%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2101−0.095%$130K$314K20xas long as short
Variational Omni XLM+0.0100%8h0.2097−0.292%$250K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2096−0.348%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101−0.112%$582K$615K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2094−0.433%$168K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2104+0.033%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2101−0.090%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2103−0.019%$573$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2102−0.071%$194K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2102−0.081%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2103−0.025%$188K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0144%1h0.2102−0.040%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0160%1h0.2101−0.090%$11.9M$6.5M5xas long as short
dYdX XLM-USD+0.0198%1h0.2101−0.130%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2102−0.076%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0226%1h0.2097−0.309%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2094−0.433%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0228%1h0.2103−0.029%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1082%1h0.2105+0.095%$522K$163K25xas long as short