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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.046%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days+0.007%+$1 · spread now −0.046%, 7d avg −0.034%
Together, before fees−0.021%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XLMUSDT0.21570.0100pay 0.0100% / 8h22m 06s$55.7M$150.9M75x
ShortBybit XLMUSDT0.21560.0100get 0.0100% / 8h22m 06s$43.8M$44.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
Price spread: −0.046% → −0.034%
−$1.24
Slippage, 4 orders
−$16.91
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$39.14
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 2 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 Binance live order book, 6 min ago0.23 bp7.9 bp −$812.1 bp −$12131.1 bp −$3,109doesn't fit
Sell Bybit live order book, 2 min ago2.32 bp12.5 bp −$1216.5 bp −$16564.3 bp −$6,428doesn'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
Injective XLM/USDC PERP−0.5000%1h0.2158+0.042%$2K$240K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2157−0.019%$4K150xas long as short
dYdX XLM-USD+0.0098%1h0.2155−0.120%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2159+0.072%$579K$752K75xas long as short
Binance XLMUSDTlong+0.0100%8h0.2157long leg$55.7M$150.9M75x
Bybit XLMUSDTshort+0.0100%8h0.2156−0.046%$43.8M$44.0M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2156−0.065%$13.0M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2156−0.060%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2157+0.005%$25.1M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2157−0.009%$14.5M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2156−0.065%$25.6M$19.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2156−0.037%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2157−0.009%$90K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2156−0.039%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2154−0.123%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2160+0.123%$597K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2154−0.139%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2157−0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2157−0.023%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2157−0.028%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2159+0.074%$199K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2157−0.009%$9.0M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2156−0.071%$193K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2156−0.037%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2161+0.162%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2157+0.001%$45K100xas long as short
Kraken Futures PF_XLMUSD+0.0413%1h0.2156−0.032%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0414%1h0.2158+0.042%$12.3M$6.1M5xas long as short
Lighter XLM+0.0440%1h0.2158+0.046%$404K$827K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2156−0.056%$231K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0677%1h0.2159+0.074%$536K$159K25xas long as short