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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bybit+0.219%51s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.219%, 7d avg +0.019%
Together, before fees−0.097%+ Points / potential airdropedgeX: Active · farm board−$10 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: edgeX is 0.200% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21560.0100pay 0.0100% / 8h7h 50m$44.0M$44.3M75x
ShortedgeX XLMUSDC0.21600.0100get 0.0050% / 4h3h 50m$12K$301K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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: +0.219% → +0.019%
$19.97
Slippage, 4 orders
−$8.69
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$8.72
Costs to cover
0.287%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 22 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 Bybit live order book, 3 min ago2.32 bp7.8 bp −$814.9 bp −$14955.0 bp −$5,501doesn't fit
Sell edgeX live order book, 22 min ago1.16 bp5.9 bp −$658.8 bp −$588doesn'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%1h0.2157+0.060%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2159+0.134%$4K150xas long as short
dYdX XLM-USD+0.0060%1h0.2154−0.076%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2158+0.110%$579K$688K75xas long as short
Binance XLMUSDT+0.0100%8h0.2156+0.025%$55.6M$151.2M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2156long leg$44.0M$44.3M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2155−0.046%$13.0M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2155−0.042%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2156+0.009%$24.8M$26.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2155−0.056%$14.4M$10.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2155−0.023%$25.6M$19.4M75xas long as short
BingX XLM-USDT+0.0100%8h0.2155−0.019%$7.1Mas long as short
Variational Omni XLM+0.0100%8h0.2158+0.114%$285K$1.3Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2160+0.219%$12K$301K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2164+0.387%$599K$604K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2160+0.218%$173K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2159+0.153%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2159+0.167%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2158+0.088%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2159+0.158%$199K$257K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2158+0.097%$9.0M$9.1M50xas long as short
Lighter XLM+0.0104%1h0.2158+0.102%$399K$837K5xas long as short
Extended XLM-USD+0.0104%1h0.2156−0.002%$196K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0152%1h0.2156+0.032%$89K$269K20xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2158+0.117%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2159+0.153%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0223%1h0.2162+0.315%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2158+0.110%$45K100xas long as short
Hyperliquid XLM+0.0319%1h0.2157+0.056%$12.5M$6.2M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0445%1h0.2159+0.135%$536K$162K25xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2162+0.278%$228K$1.5M50xas long as short