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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h +0.050%
Price spread now: Kraken Futures against KuCoin+0.005%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.005%, 7d avg +0.014%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XLMUSDTM0.21400.0100pay 0.0100% / 8h3h 39m$14.1M$9.5M75x
ShortKraken Futures PF_XLMUSD0.21400.0185get 0.0023% / 1h39m 13s$2.6M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$17.83
Price spread: +0.005% → +0.014%
−$0.95
Slippage, 4 orders
−$44.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$49.49
Costs to cover
0.664%
Break-even
26.4 days
Slippage from KuCoin: live order book, 4 min ago; Kraken Futures: 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 ago2.56 bp22.0 bp −$2234.0 bp −$340doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago2.09 bp16.2 bp −$1630.3 bp −$303139.9 bp −$14.0Kdoesn'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%1h0.2140−0.004%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.692%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2144+0.173%$376K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2141+0.078%$569K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2140+0.014%$54.9M$157.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2139−0.037%$43.3M$46.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2139−0.037%$12.6M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2140−0.005%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2140+0.009%$23.9M$27.0M300xas long as short
KuCoin XLMUSDTMlong+0.0100%8h0.2140long leg$14.1M$9.5M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2139−0.028%$25.8M$21.9M75xas long as short
BingX XLM-USDC+0.0100%8h0.2139−0.028%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2137−0.125%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2138−0.081%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2138−0.084%$599K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2148+0.393%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2141+0.056%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2139−0.051%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2140+0.023%$583$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2138−0.098%$197K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2141+0.051%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2140−0.012%$191K$1.8M10xas long as short
Kraken Futures PF_XLMUSDshort+0.0185%1h0.2140+0.005%$2.6M$2.7M50x
Hyperliquid XLM+0.0190%1h0.2141+0.042%$12.3M$6.3M5xas long as short
dYdX XLM-USD+0.0195%1h0.2137−0.141%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2142+0.084%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2146+0.308%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2140+0.009%$249K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2140−0.008%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0611%1h0.2140+0.005%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUAL+0.0918%1h0.2142+0.117%$531K$154K25xas long as short