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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.061%
Price spread now: Lighter against BingX+0.133%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.136%+$14 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.133%, 7d avg +0.114%
Together, before fees+0.164%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XLM-USDC0.20990.0100pay 0.0100% / 8h5h 06m$6.7M
ShortLighter XLM0.21020.0096get 0.0012% / 1h6m 26s$369K$807K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.133% → +0.114%
$1.91
Slippage, 4 orders
−$57.91
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$66.83
Costs to cover
0.679%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Lighter: live order book, 37 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, 9 min ago1.19 bp20.2 bp −$20114.7 bp −$1,147860.1 bp −$86.0Kdoesn't fit
Sell Lighter live order book, 37 min ago4.48 bp17.0 bp −$1759.9 bp −$599doesn't fitdoesn't fit

XLM on 31 exchanges

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%1h0.2098−0.041%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.229%$683$241K12xas long as short
Lighter XLMshort+0.0096%1h0.2102+0.133%$369K$807K5x
Aster XLMUSDT+0.0100%8h0.2100+0.060%$557K$394K75xas long as short
Binance XLMUSDT+0.0100%8h0.2100+0.019%$54.2M$141.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2099−0.019%$43.2M$40.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2099−0.005%$12.2M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2099−0.005%$3.9M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.20990.000%$24.0M$27.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2100+0.029%$13.9M$8.5M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2099−0.019%$25.7M$21.1M75xas long as short
BingX XLM-USDClong+0.0100%8h0.2099long leg$6.7M
Backpack XLM_USDC_PERP+0.0100%1h0.2099−0.010%$119K$297K20xas long as short
Variational Omni XLM+0.0100%8h0.2095−0.202%$250K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2098−0.050%$11K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101+0.079%$581K$501K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2099−0.019%$168K$253K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2098−0.057%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2100+0.043%$2K$1.3M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2099−0.033%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2100+0.029%$189K$238K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2099+0.010%$8.5M$8.3M50xas long as short
Extended XLM-USD+0.0104%1h0.2098−0.035%$190K$609K10xas long as short
Phoenix XLM+0.0150%1h0.2098−0.062%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2100+0.029%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0258%1h0.2099−0.002%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2106+0.319%$210K$1.3M50xas long as short
Hyperliquid XLM+0.0357%1h0.2101+0.081%$12.2M$5.6M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0509% / S −0.0245%1h0.2098−0.048%$39K100xas long as short
dYdX XLM-USD+0.0511%1h0.2098−0.038%$26K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0656%1h0.2100+0.038%$520K$103K25xas long as short