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 +0.001%
Price spread now: Extended against Binance+0.021%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.021%, 7d avg −0.037%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XLMUSDT0.21220.0100pay 0.0100% / 8h1h 50m$54.4M$162.9M75x
ShortExtended XLM-USD0.21220.0104get 0.0013% / 1h50m 08s$189K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.021% → −0.037%
$5.76
Slippage, 4 orders
−$14.61
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.01
Costs to cover
0.296%
Break-even
198.7 days
Slippage from Binance: live order book, 8 min ago; Extended: live order book, 3 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, 8 min ago0.23 bp8.3 bp −$812.0 bp −$12026.7 bp −$2,669doesn't fit
Sell Extended live order book, 3 min ago3.78 bp8.0 bp −$815.5 bp −$155doesn't fitdoesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2121−0.020%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.146%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2125+0.146%$356K$930K5xas long as short
Aster XLMUSDT+0.0100%8h0.2122+0.024%$562K$633K75xas long as short
Binance XLMUSDTlong+0.0100%8h0.2122long leg$54.4M$162.9M75x
Bybit XLMUSDT+0.0100%8h0.2121−0.052%$43.0M$47.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120−0.075%$12.3M$44.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2123+0.042%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2124+0.099%$25.3M$28.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123+0.038%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2123+0.038%$25.6M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2123+0.052%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2115−0.318%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2118−0.185%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2119−0.137%$587K$602K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2117−0.207%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123+0.052%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.137%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123+0.057%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2121−0.038%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2124+0.080%$8.8M$9.1M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2122+0.021%$189K$1.8M10x
Backpack XLM_USDC_PERP+0.0135%1h0.2124+0.099%$130K$329K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2118−0.198%$2.3M$5.6M75xas long as short
Hyperliquid XLM+0.0223%1h0.2124+0.099%$12.1M$6.6M5xas long as short
dYdX XLM-USD+0.0234%1h0.2119−0.149%$23K$2K10xas long as short
Phoenix XLM+0.0263%1h0.2120−0.075%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0332%1h0.2124+0.104%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2125+0.132%$220K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121−0.028%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1164%1h0.2125+0.132%$527K$167K25xas long as short