After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.042%7d average+0.013%fees + slippage, in and out−$34spread needed0.341%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2113 | 0.0100 | pay 0.0013% / 1h | 7m 30s | $99K | $206K | 20x |
| Short | Binance XLMUSDT | 0.2114 | 0.0100 | get 0.0100% / 8h | 7m 30s | $52.2M | $138.8M | 75x |
Backpack XLM_USDC_PERP
Binance XLMUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.2
- Funding while held
- $0
- Slippage, 4 orders
- −$14.1
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.91
- Spread needed to break even
- 0.341%
Slippage from Backpack: live order book, 23 min ago; Binance: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 23 min ago | 0.24 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.24 bp | 8.1 bp −$8 | 16.1 bp −$161 | 34.8 bp −$3,484 | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
SunX0.2107+7.197%Variational Omni0.2108+7.243%ApeX Omni0.2109+7.294%edgeX0.2110+7.318%Gate0.2112+7.421%BingX0.2112+7.426%Extended0.2112+7.429%OKX0.2112+7.431%Bybit0.2113+7.457%KuCoin0.2113+7.487%
Injective
SunX
Variational Omni
ApeX Omni
Gate
BingX
Extended
OKX
Bybit
KuCoinBackpack0.2113+7.487%
dYdX0.2113+7.497%Lighter0.2114+7.508%BloFin0.2114+7.508%gTrade (Gains Network)0.2114+7.524%
dYdX
Lighter
BloFin
gTrade (Gains Network)Binance0.2114+7.532%
Phemex0.2114+7.533%Phoenix0.2114+7.543%Hyperliquid0.2115+7.569%Orderly0.2115+7.579%SoDEX0.2115+7.579%GMX0.2115+7.584%Bitget0.2115+7.594%Kraken Futures0.2116+7.623%MEXC0.2116+7.625%HTX0.2116+7.630%Deribit0.2116+7.640%Coinbase International0.2117+7.655%Aster0.2117+7.681%
Phemex
Phoenix
Hyperliquid
Orderly
SoDEX
GMX
Bitget
Kraken Futures
MEXC
HTX
Deribit
Coinbase International
AsterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −6.966% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| SunX XLM-USDT | −0.270% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| Variational Omni XLM | −0.227% | +0.0100% | 8h | $274K | $826K | — | as long as short |
| ApeX Omni XLMUSDT | −0.180% | +0.0100% | 1h | $169K | $243K | 50x | as long as short |
| edgeX XLMUSDC | −0.158% | +0.0100% | 4h | $13K | $291K | 10x | as long as short |
| Gate XLM_USDT | −0.062% | +0.0100% | 8h | $3.8M | $6.2M | 75x | as long as short |
| BingX XLM-USDC | −0.057% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Extended XLM-USD | −0.054% | +0.0104% | 1h | $207K | $1.5M | 10x | as long as short |
| OKX XLM-USDT-SWAP | −0.052% | +0.0100% | 8h | $11.5M | $35.8M | 50x | as long as short |
| Bybit XLMUSDT | −0.028% | +0.0100% | 8h | $41.8M | $36.5M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | 0.000% | +0.0100% | 8h | $14.4M | $9.4M | 75x | as long as short |
| Backpack XLM_USDC_PERPlong | 0.000% | +0.0100% | 1h | $99K | $206K | 20x | |
| dYdX XLM-USD | +0.009% | +0.0050% | 1h | $24K | $1K | 10x | as long as short |
| Lighter XLM | +0.019% | +0.0096% | 1h | $447K | $744K | 5x | as long as short |
| BloFin XLM-USDT | +0.019% | +0.0220% | 8h | $2.2M | $6.0M | 75x | as long as short |
| gTrade (Gains Network) XLM/USD | +0.035% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Binance XLMUSDTshort | +0.042% | +0.0100% | 8h | $52.2M | $138.8M | 75x | |
| Phemex XLMUSDT | +0.043% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| Phoenix XLM | +0.052% | +0.0152% | 1h | $13K | $31K | 5x | as long as short |
| Hyperliquid XLM | +0.076% | +0.0146% | 1h | $11.3M | $5.5M | 5x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.085% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| SoDEX XLM-USD | +0.085% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.090% | L +0.0177% / S +0.0031% | 1h | $47K | — | 100x | as long as short |
| Bitget XLMUSDT | +0.099% | +0.0100% | 8h | $24.6M | $16.6M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.126% | +0.0140% | 1h | $2.4M | $2.1M | 50x | as long as short |
| MEXC XLM_USDT | +0.128% | +0.0100% | 8h | $25.6M | $24.6M | 300x | as long as short |
| HTX XLM-USDT | +0.133% | +0.0100% | 8h | $197K | $273K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.142% | +0.0270% | 1h | $525K | $145K | 25x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.156% | +0.0384% | 1h | $268K | $1.4M | 50x | as long as short |
| Aster XLMUSDT | +0.180% | +0.0100% | 8h | $589K | $1.2M | 75x | as long as short |