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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.024%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.335% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDT0.21190.0100pay 0.0100% / 8h1h 55m$7.4M
ShortBybit XLMUSDT0.21190.0100get 0.0100% / 8h1h 55m$42.9M$47.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.024% → 0.000%
−$2.36
Slippage, 4 orders
−$12.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$35.84
Costs to cover
0.335%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Bybit: 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 BingX live order book, 12 min ago0.23 bp6.3 bp −$69.1 bp −$9118.9 bp −$1,89486.3 bp −$43.1K
Sell Bybit live order book, 3 min ago2.35 bp11.9 bp −$1218.4 bp −$18476.1 bp −$7,606doesn'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+0.050%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.259%$683$241K12xas long as short
dYdX XLM-USD+0.0096%1h0.2121+0.054%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2124+0.203%$356K$930K5xas long as short
Aster XLMUSDT+0.0100%8h0.2122+0.115%$562K$633K75xas long as short
Binance XLMUSDT+0.0100%8h0.2120+0.024%$54.4M$162.5M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2119−0.024%$42.9M$47.7M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2120+0.005%$12.2M$44.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.014%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2120+0.042%$25.3M$28.4M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2120+0.014%$13.9M$9.4M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2120+0.005%$25.5M$22.9M75xas long as short
BingX XLM-USDTlong+0.0100%8h0.2119long leg$7.4M
Variational Omni XLM+0.0100%8h0.2120+0.030%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124+0.212%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2121+0.062%$588K$602K10xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120+0.024%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.009%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2120+0.047%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.028%$195K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122+0.099%$8.8M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2120+0.005%$189K$1.8M10xas long as short
ApeX Omni XLMUSDT+0.0206%1h0.2125+0.255%$170K$265K50xas long as short
Backpack XLM_USDC_PERP+0.0206%1h0.2122+0.113%$131K$329K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2126+0.316%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.2127+0.368%$4K$50K5xas long as short
Hyperliquid XLM+0.0269%1h0.2122+0.104%$12.1M$6.6M5xas long as short
Kraken Futures PF_XLMUSD+0.0332%1h0.2121+0.083%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2123+0.179%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2119−0.028%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0882%1h0.2123+0.179%$526K$167K25xas long as short