After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.034%7d average−0.008%fees + slippage, in and out−$36spread needed0.362%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLMUSDT | 0.2076 | 0.0100 | pay 0.0100% / 8h | 6h 31m | $52.1M | $137.6M | 75x |
| Short | Backpack XLM_USDC_PERP | 0.2075 | 0.0100 | get 0.0013% / 1h | 31m 55s | $97K | $204K | 20x |
Binance XLMUSDT
Backpack XLM_USDC_PERPPrice 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
- −$3.37
- Funding while held
- $0
- Slippage, 4 orders
- −$16.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$39.57
- Spread needed to break even
- 0.362%
Slippage from Binance: live order book, 13 min ago; Backpack: live order book, 53 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 Binance live order book, 13 min ago | 0.24 bp | 7.3 bp −$7 | 14.4 bp −$144 | 36.6 bp −$3,664 | doesn't fit |
| Sell Backpack live order book, 53 min ago | 0.96 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
SunX0.2072+5.402%Variational Omni0.2073+5.425%Orderly0.2073+5.443%BingX0.2074+5.483%GMX0.2074+5.485%gTrade (Gains Network)0.2074+5.486%Aster0.2074+5.493%dYdX0.2074+5.499%Gate0.2074+5.514%SoDEX0.2074+5.519%Phemex0.2074+5.519%HTX0.2075+5.534%Bybit0.2075+5.544%KuCoin0.2075+5.549%BloFin0.2075+5.549%OKX0.2075+5.565%
Injective
SunX
Variational Omni
Orderly
BingX
GMX
gTrade (Gains Network)
Aster
dYdX
Gate
SoDEX
Phemex
HTX
Bybit
KuCoin
BloFin
OKXBackpack0.2075+5.565%
Kraken Futures0.2076+5.581%Extended0.2076+5.583%MEXC0.2076+5.585%Phoenix0.2076+5.590%
Kraken Futures
Extended
MEXC
PhoenixBinance0.2076+5.600%
Bitget0.2076+5.600%Deribit0.2076+5.610%Hyperliquid0.2077+5.621%edgeX0.2077+5.640%ApeX Omni0.2077+5.651%Coinbase International0.2077+5.671%Lighter0.2078+5.712%
Bitget
Deribit
Hyperliquid
ApeX Omni
Coinbase International
LighterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.303% | +0.0033% | 1h | $786 | $77K | 12x | as long as short |
| SunX XLM-USDT | −0.188% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Variational Omni XLM | −0.166% | +0.0100% | 8h | $196K | $922K | — | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.149% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| BingX XLM-USDC | −0.111% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.109% | L +0.0169% / S +0.0039% | 1h | $46K | — | 100x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.108% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Aster XLMUSDT | −0.101% | +0.0100% | 8h | $577K | $909K | 75x | as long as short |
| dYdX XLM-USD | −0.096% | +0.0082% | 1h | $24K | $2K | 10x | as long as short |
| Gate XLM_USDT | −0.082% | +0.0100% | 8h | $3.8M | $5.8M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XLM-USD | −0.077% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Phemex XLMUSDT | −0.077% | +0.0100% | 8h | $8.5M | $8.8M | 50x | as long as short |
| HTX XLM-USDT | −0.063% | +0.0100% | 8h | $194K | $265K | 20x | as long as short |
| Bybit XLMUSDT | −0.053% | +0.0100% | 8h | $41.4M | $37.3M | 75x | as long as short |
| KuCoin XLMUSDTM | −0.048% | +0.0100% | 8h | $14.0M | $9.2M | 75x | as long as short |
| BloFin XLM-USDT | −0.048% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.034% | +0.0100% | 8h | $11.6M | $35.5M | 50x | as long as short |
| Backpack XLM_USDC_PERPshort | −0.034% | +0.0100% | 1h | $97K | $204K | 20x | |
| Kraken Futures PF_XLMUSD | −0.019% | +0.0185% | 1h | $2.3M | $2.1M | 50x | as long as short |
| Extended XLM-USD | −0.016% | +0.0104% | 1h | $202K | $1.5M | 10x | as long as short |
| MEXC XLM_USDT | −0.014% | +0.0100% | 8h | $23.8M | $24.6M | 300x | as long as short |
| Phoenix XLM | −0.010% | +0.0231% | 1h | $13K | $31K | 5x | as long as short |
| Binance XLMUSDTlong | 0.000% | +0.0100% | 8h | $52.1M | $137.6M | 75x | |
| Bitget XLMUSDT | 0.000% | +0.0100% | 8h | $24.4M | $16.6M | 75x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.010% | +0.0714% | 1h | $515K | $155K | 25x | as long as short |
| Hyperliquid XLM | +0.019% | +0.0100% | 1h | $11.0M | $5.3M | 5x | as long as short |
| edgeX XLMUSDC | +0.038% | +0.0100% | 4h | $11K | $296K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.048% | +0.0100% | 1h | $166K | $244K | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.067% | +0.0400% | 1h | $258K | $1.4M | 50x | as long as short |
| Lighter XLM | +0.106% | +0.0240% | 1h | $428K | $691K | 5x | as long as short |