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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.013%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.335% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.013%, 7d avg −0.008%
Together, before fees+0.057%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21730.0100pay 0.0100% / 8h45m 49s$44.2M$43.9M75x
ShortExtended XLM-USD0.21730.0104get 0.0013% / 1h45m 49s$194K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.013% → −0.008%
−$0.53
Slippage, 4 orders
−$17.54
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$33.23
Costs to cover
0.335%
Break-even
283.9 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 3 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 ago2.31 bp12.4 bp −$1217.6 bp −$17679.9 bp −$7,989doesn't fit
Sell Extended live order book, 3 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%1h0.2040−6.121%$5K$238K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2177+0.166%$4K150xas long as short
dYdX XLM-USD+0.0012%1h0.2173−0.013%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2174+0.050%$583K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2174+0.051%$56.2M$151.0M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2173long leg$44.2M$43.9M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2172−0.037%$13.2M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2173+0.018%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2174+0.037%$25.8M$26.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2173+0.014%$14.6M$10.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2172−0.032%$25.8M$19.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2173+0.018%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2175+0.103%$258K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2170−0.124%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2171−0.110%$601K$633K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2175+0.092%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2177+0.184%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2173+0.005%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2176+0.124%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2177+0.166%$201K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2175+0.092%$9.1M$9.0M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2173−0.013%$194K$1.6M10x
Backpack XLM_USDC_PERP+0.0112%1h0.2176+0.133%$98K$265K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2169−0.166%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2169−0.170%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0317% / S −0.0167%1h0.2176+0.134%$45K100xas long as short
Kraken Futures PF_XLMUSD+0.0410%1h0.2176+0.129%$2.7M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2169−0.166%$233K$1.5M50xas long as short
Hyperliquid XLM+0.0562%1h0.2177+0.207%$12.4M$6.1M5xas long as short
Lighter XLM+0.0616%1h0.2179+0.258%$421K$809K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0853%1h0.2179+0.258%$541K$160K25xas long as short