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−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against Orderly+0.208%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.208% dearer against Orderly than usual: you sell high and buy low, +$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XLM_USDC_mythos0.21190.0100pay 0.0050% / 4h1h 41m$3K$2K10x
ShortLighter XLM0.21230.0096get 0.0012% / 1h41m 39s$356K$931K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. 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
−$0.84
Price spread: +0.208% → 0.000%
$20.76
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
$13.92
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 64 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 Orderly no order-book sample
Sell Lighter live order book, 64 min ago7.33 bp20.0 bp −$2053.4 bp −$534doesn't fitdoesn't fit
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%1h0.2118−0.067%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.283%$683$241K12xas long as short
Lighter XLMshort+0.0096%1h0.2123+0.208%$356K$931K5x
Aster XLMUSDT+0.0100%8h0.2120+0.033%$562K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122+0.118%$54.5M$163.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.21190.000%$42.9M$47.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2121+0.076%$12.2M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2120+0.042%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121+0.113%$24.9M$28.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121+0.076%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120+0.038%$25.5M$23.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2120+0.061%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2112−0.324%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2117−0.113%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2116−0.151%$593K$615K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2118−0.033%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythoslong+0.0100%4h0.2119long leg$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2116−0.123%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2118−0.061%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2117−0.094%$195K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119+0.014%$8.7M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2121+0.072%$188K$1.7M10xas long as short
Backpack XLM_USDC_PERP+0.0197%1h0.21190.000%$129K$329K20xas long as short
Hyperliquid XLM+0.0200%1h0.2122+0.118%$12.1M$6.6M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2120+0.033%$2.3M$5.6M75xas long as short
dYdX XLM-USD+0.0223%1h0.2119−0.002%$23K$2K10xas long as short
Phoenix XLM+0.0263%1h0.2119−0.005%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0333%1h0.2119+0.016%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2118−0.047%$221K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2118−0.058%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1072%1h0.2121+0.080%$526K$168K25xas long as short