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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Variational Omni against BloFin−0.030%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.120%−$12 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.030%, 7d avg −0.066%
Together, before fees−0.321%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.036% dearer against BloFin than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.066%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLM-USDT0.21400.0220pay 0.0220% / 8h5h 30m$2.3M$5.0M75x
ShortVariational Omni XLM0.21390.0100get 0.0100% / 8h5h 30m$256K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.030% → −0.066%
$3.64
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$33.56
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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, 3 min ago0.23 bp6.2 bp −$68.5 bp −$8518.2 bp −$1,818doesn't fit
Sell Variational Omni RFQ quote, 4 min ago7.06 bpdoesn't fit21.2 bp −$212doesn'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%1h0.2139−0.015%$4K150xas long as short
Lighter XLM+0.0096%1h0.2142+0.122%$359K$903K5xas long as short
Binance XLMUSDT+0.0100%8h0.2143+0.164%$55.0M$154.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2142+0.117%$43.3M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2141+0.070%$12.6M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2142+0.131%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2142+0.103%$24.0M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2143+0.140%$14.1M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2141+0.065%$25.7M$21.1M75xas long as short
BingX XLM-USDT+0.0100%8h0.2143+0.145%$7.0Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2143+0.136%$98K$273K20xas long as short
Variational Omni XLMshort+0.0100%8h0.2139−0.030%$256K$1.3M
edgeX XLMUSDC+0.0100%4h0.2131−0.416%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2136−0.195%$591K$585K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127−0.584%$170K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2141+0.061%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2139−0.047%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2142+0.084%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2138−0.084%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2142+0.084%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2142+0.125%$190K$1.8M10xas long as short
Aster XLMUSDT+0.0111%8h0.2140+0.014%$569K$624K75xas long as short
dYdX XLM-USD+0.0213%1h0.2140+0.019%$23K$2K10xas long as short
BloFin XLM-USDTlong+0.0220%8h0.2140long leg$2.3M$5.0M75x
Phoenix XLM+0.0264%1h0.2127−0.584%$5K$46K5xas long as short
Hyperliquid XLM+0.0451%1h0.2142+0.122%$12.4M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0459%1h0.2141+0.067%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2140+0.023%$230K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0193%1h0.2139−0.014%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0965%1h0.2142+0.131%$532K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.687%$683$241K12xas long as short