Spread before costs (cost unknown: a leg has no order-book sample)+0.038%
7d average—if it closes, per $10,000$4funding while held, a day+$0.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2081 | 0.0100 | pay 0.0013% / 1h | 17m 32s | $98K | $203K | 20x |
| Short | dYdX XLM-USD | 0.2082 | 0.0117 | get 0.0015% / 1h | 17m 32s | $24K | $2K | 10x |
Price 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
- $3.78
- Funding while held
- $0.52
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$15.7
- Spread needed to break even
- 0.200%
Slippage unknown: Backpack: live order book, 3 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0017%
- Per $10,000 a day
- +$0.52
- 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, 3 min ago | 0.24 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 price on every exchange
against the cheapest. Click to use as the short leg.XLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.544% | +0.0033% | 1h | $786 | $77K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.076% | L +0.0167% / S +0.0040% | 1h | $46K | — | 100x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.065% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| SoDEX XLM-USD | −0.062% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Phemex XLMUSDT | −0.034% | +0.0100% | 8h | $8.5M | $8.7M | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.019% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| ApeX Omni XLMUSDT | −0.014% | +0.0100% | 1h | $167K | $245K | 50x | as long as short |
| SunX XLM-USDT | −0.010% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Backpack XLM_USDC_PERPlong | 0.000% | +0.0100% | 1h | $98K | $203K | 20x | |
| BloFin XLM-USDT | 0.000% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XLMUSD | 0.000% | +0.0185% | 1h | $2.3M | $2.0M | 50x | as long as short |
| Variational Omni XLM | +0.013% | +0.0100% | 8h | $197K | $922K | — | as long as short |
| OKX XLM-USDT-SWAP | +0.024% | +0.0100% | 8h | $11.6M | $35.8M | 50x | as long as short |
| Gate XLM_USDT | +0.034% | +0.0100% | 8h | $3.8M | $5.9M | 75x | as long as short |
| Aster XLMUSDT | +0.037% | +0.0104% | 8h | $579K | $909K | 75x | as long as short |
| dYdX XLM-USDshort | +0.038% | +0.0117% | 1h | $24K | $2K | 10x | |
| Phoenix XLM | +0.038% | +0.0231% | 1h | $13K | $31K | 5x | as long as short |
| HTX XLM-USDT | +0.038% | +0.0100% | 8h | $194K | $268K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.043% | +0.0760% | 1h | $517K | $151K | 25x | as long as short |
| BingX XLM-USDT | +0.048% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Bybit XLMUSDT | +0.077% | +0.0100% | 8h | $41.6M | $37.3M | 75x | as long as short |
| KuCoin XLMUSDTM | +0.077% | +0.0100% | 8h | $14.0M | $9.2M | 75x | as long as short |
| Extended XLM-USD | +0.080% | +0.0104% | 1h | $203K | $1.5M | 10x | as long as short |
| Bitget XLMUSDT | +0.086% | +0.0100% | 8h | $24.5M | $16.5M | 75x | as long as short |
| MEXC XLM_USDT | +0.091% | +0.0100% | 8h | $23.5M | $24.8M | 300x | as long as short |
| edgeX XLMUSDC | +0.093% | +0.0100% | 4h | $11K | $296K | 10x | as long as short |
| Binance XLMUSDT | +0.115% | +0.0100% | 8h | $52.6M | $137.1M | 75x | as long as short |
| Hyperliquid XLM | +0.125% | +0.0133% | 1h | $11.1M | $5.3M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.240% | +0.0400% | 1h | $260K | $1.4M | 50x | as long as short |
| Lighter XLM | +0.245% | +0.0320% | 1h | $430K | $692K | 5x | as long as short |
Backpack XLM_USDC_PERP
Injective
GMX
gTrade (Gains Network)
SoDEX
Phemex
ApeX Omni
SunX
BloFin
Kraken Futures
Variational Omni
OKX
Gate
Aster
Phoenix
HTX
Deribit
BingX
Bybit
KuCoin
Extended
Bitget
MEXC
Binance
Hyperliquid
Coinbase International
Lighter