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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%
Price spread now: Extended against BloFin−0.172%74s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.186%−$19 on $10k
Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.172%, 7d avg −0.054%
Together, before fees+0.010%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.118% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.054%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21730.0220pay 0.0220% / 8h43m 55s$2.3M$5.6M75x
ShortExtended XLM-USD0.21700.0104get 0.0013% / 1h43m 55s$194K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$24.36
Price spread: −0.172% → −0.054%
−$11.84
Slippage, 4 orders
−$10.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$63.58
Costs to cover
0.274%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Extended: live order book, 5 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 BloFin live order book, 5 min ago0.23 bp8.0 bp −$813.3 bp −$13325.2 bp −$2,524doesn't fit
Sell Extended live order book, 5 min ago3.69 bp6.2 bp −$615.4 bp −$154doesn'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
Injective XLM/USDC PERP−0.5000%1h0.2047−5.811%$6K$238K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2171−0.123%$4K150xas long as short
dYdX XLM-USD+0.0010%1h0.2170−0.166%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2171−0.110%$582K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2170−0.171%$56.0M$151.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2169−0.198%$44.1M$43.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2168−0.225%$13.2M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2170−0.175%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2172−0.064%$25.8M$26.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2170−0.133%$14.6M$10.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2170−0.161%$25.8M$19.2M75xas long as short
BingX XLM-USDT+0.0100%8h0.2170−0.170%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2175+0.089%$258K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2170−0.138%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2171−0.124%$601K$633K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2169−0.198%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2171−0.106%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2169−0.198%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2171−0.120%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2172−0.083%$200K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2171−0.106%$9.1M$9.0M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2170−0.172%$194K$1.6M10x
Backpack XLM_USDC_PERP+0.0106%1h0.2171−0.110%$94K$266K20xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2173long leg$2.3M$5.6M75x
Phoenix XLM+0.0222%1h0.2169−0.184%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2170−0.135%$45K100xas long as short
Kraken Futures PF_XLMUSD+0.0411%1h0.2171−0.104%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2169−0.179%$233K$1.5M50xas long as short
Hyperliquid XLM+0.0544%1h0.2173−0.023%$12.4M$6.1M5xas long as short
Lighter XLM+0.0600%1h0.2174+0.037%$420K$809K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0763%1h0.2173−0.014%$539K$160K25xas long as short