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 Bitget−0.075%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as 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−0.023%−$2 on $10k
Price spread, last 7 days+0.042%+$4 · spread now −0.075%, 7d avg −0.006%
Together, before fees+0.020%+$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: Bybit is 0.069% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLMUSDT0.21320.0100pay 0.0100% / 8h6h 22m$25.5M$20.7M75x
ShortBybit XLMUSDT0.21300.0100get 0.0100% / 8h6h 22m$42.9M$46.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.075% → −0.006%
−$6.94
Slippage, 4 orders
−$14.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$44.84
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago0.94 bp8.1 bp −$817.9 bp −$179doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.35 bp7.8 bp −$813.7 bp −$13753.1 bp −$5,311doesn't fit

XLM on 30 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%1h0.2132−0.002%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.310%$683$241K12xas long as short
dYdX XLM-USD+0.0080%1h0.2132−0.002%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2133+0.070%$360K$906K5xas long as short
Binance XLMUSDT+0.0100%8h0.2132+0.014%$54.1M$155.0M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2130−0.075%$42.9M$46.2M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2130−0.080%$12.7M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2132+0.014%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2132+0.033%$23.9M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2132+0.009%$14.1M$10.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDTlong+0.0100%8h0.2132long leg$25.5M$20.7M75x
BingX XLM-USDT+0.0100%8h0.2132−0.005%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2132+0.019%$89K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2132+0.026%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2129−0.119%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2131−0.029%$596K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133+0.075%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2133+0.066%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2132+0.019%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2132+0.009%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2133+0.061%$197K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2132+0.014%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2132+0.008%$192K$1.8M10xas long as short
Aster XLMUSDT+0.0130%8h0.2134+0.096%$571K$622K75xas long as short
Phoenix XLM+0.0187%1h0.2134+0.122%$5K$46K5xas long as short
Hyperliquid XLM+0.0263%1h0.2134+0.103%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2131−0.015%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2134+0.099%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2132+0.009%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0829%1h0.2134+0.099%$530K$149K25xas long as short