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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against BloFin−0.103%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$820.823% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.194%−$19 on $10k
Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.103%, 7d avg −0.016%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.086% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21380.0220pay 0.0220% / 8h6h 56m$2.3M$5.4M75x
ShortHTX XLM-USDT0.21350.0100get 0.0100% / 8h6h 56m$197K$187K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$25.2
Price spread: −0.103% → −0.016%
−$8.65
Slippage, 4 orders
−$58.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$116.13
Costs to cover
0.823%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; HTX: live order book, 35 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, 7 min ago2.80 bp9.1 bp −$913.0 bp −$13025.9 bp −$2,593doesn't fit
Sell HTX live order book, 35 min ago2.85 bp39.0 bp −$39doesn't fitdoesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2139+0.051%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.589%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2139+0.080%$374K$856K5xas long as short
Aster XLMUSDT+0.0100%8h0.2138+0.007%$567K$545K75xas long as short
Binance XLMUSDT+0.0100%8h0.2136−0.080%$55.5M$152.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2134−0.164%$44.2M$43.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134−0.150%$12.4M$44.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2136−0.080%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2136−0.089%$24.3M$27.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2136−0.089%$13.9M$8.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2136−0.089%$26.0M$22.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2136−0.084%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2139+0.056%$121K$323K20xas long as short
Variational Omni XLM+0.0100%8h0.2137−0.023%$256K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2137−0.021%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2141+0.150%$590K$547K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2141+0.140%$172K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2135−0.122%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2135−0.108%$2K$1.5M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2137−0.009%$582$6K5xas long as short
HTX XLM-USDTshort+0.0100%8h0.2135−0.103%$197K$187K20x
Phemex XLMUSDT+0.0100%8h0.2138+0.005%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2136−0.093%$190K$659K10xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2138long leg$2.3M$5.4M75x
Phoenix XLM+0.0226%1h0.2137−0.042%$4K$47K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2135−0.117%$214K$1.4M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0406%1h0.2137−0.028%$530K$105K25xas long as short
Kraken Futures PF_XLMUSD+0.0482%1h0.2138+0.005%$2.6M$2.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0503% / S −0.0236%1h0.2134−0.146%$39K100xas long as short
Hyperliquid XLM+0.0599%1h0.2139+0.047%$12.3M$6.0M5xas long as short
dYdX XLM-USD+0.0707%1h0.2136−0.058%$27K$5K10xas long as short