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: Bitget against BingX+0.019%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.019%, 7d avg −0.011%
Together, before fees−0.055%−$5 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: Bitget is 0.030% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDT0.21580.0100pay 0.0100% / 8h2h 12m$6.9M
ShortBitget XLMUSDT0.21580.0100get 0.0100% / 8h2h 12m$25.8M$18.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.019% → −0.011%
$2.95
Slippage, 4 orders
−$9.6
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$28.65
Costs to cover
0.316%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 7 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 BingX live order book, 10 min ago0.23 bp5.9 bp −$610.5 bp −$10520.7 bp −$2,074111.2 bp −$55.6K
Sell Bitget live order book, 7 min ago0.69 bp8.0 bp −$814.8 bp −$14847.6 bp −$4,763doesn'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
dYdX XLM-USD0.0000%1h0.2159+0.064%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2158−0.005%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2160+0.109%$589K$796K75xas long as short
Binance XLMUSDT+0.0100%8h0.2159+0.030%$56.1M$146.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2158+0.005%$43.8M$41.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2157−0.023%$13.1M$41.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2158+0.005%$3.9M$5.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2158+0.028%$25.7M$25.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2158+0.019%$14.6M$10.5M75xas long as short
Bitget XLMUSDTshort+0.0100%8h0.2158+0.019%$25.8M$18.2M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDTlong+0.0100%8h0.2158long leg$6.9M
Backpack XLM_USDC_PERP+0.0100%1h0.2158+0.009%$102K$223K20xas long as short
Variational Omni XLM+0.0100%8h0.2160+0.116%$234K$1.1Mas long as short
edgeX XLMUSDC+0.0100%4h0.2165+0.348%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2159+0.066%$605K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2166+0.361%$174K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2158+0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2155−0.111%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2158−0.014%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2159+0.051%$199K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2158+0.023%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2158−0.006%$194K$1.6M10xas long as short
Phoenix XLM+0.0187%1h0.2163+0.250%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2162+0.167%$2.3M$6.2M75xas long as short
Injective XLM/USDC PERP+0.0249%1h0.2127−1.432%$476$154K12xas long as short
Hyperliquid XLM+0.0297%1h0.2161+0.158%$12.2M$5.9M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0314% / S −0.0166%1h0.2158+0.003%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2170+0.579%$231K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0547%1h0.2159+0.034%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0584%1h0.2160+0.093%$536K$170K25xas long as short
Lighter XLM+0.0808%1h0.2163+0.218%$425K$804K5xas long as short