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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bybit+0.250%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$800.796% 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 4 days (all we have)−0.358%−$36 · spread now +0.250%, 7d avg +0.035%
Together, before fees−0.276%−$28 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: HTX is 0.215% dearer against Bybit than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21220.0100pay 0.0100% / 8h4h 36m$42.9M$45.6M75x
ShortHTX XLM-USDT0.21270.0100get 0.0100% / 8h4h 36m$196K$252K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.250% → +0.035%
$21.47
Slippage, 4 orders
−$56.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$58.15
Costs to cover
0.796%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 20 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, 2 min ago2.36 bp11.8 bp −$1216.7 bp −$16759.7 bp −$5,975doesn't fit
Sell HTX live order book, 20 min ago11.03 bp31.1 bp −$31doesn'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%1h0.2125+0.149%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.137%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2125+0.127%$368K$966K5xas long as short
Hyperliquid XLM+0.0100%1h0.2126+0.174%$12.2M$6.2M5xas long as short
Aster XLMUSDT+0.0100%8h0.2126+0.171%$565K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.057%$54.2M$154.8M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2122long leg$42.9M$45.6M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2121−0.038%$12.5M$42.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2125+0.151%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2123+0.052%$23.7M$26.8M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2126+0.188%$14.0M$9.7M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2124+0.080%$25.5M$21.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2125+0.127%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2126+0.188%$95K$273K20xas long as short
Variational Omni XLM+0.0100%8h0.2124+0.095%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125+0.136%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2130+0.356%$594K$580K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2124+0.071%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2125+0.137%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2124+0.085%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2126+0.179%$579$6K5xas long as short
HTX XLM-USDTshort+0.0100%8h0.2127+0.250%$196K$252K20x
Phemex XLMUSDT+0.0100%8h0.2127+0.221%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2126+0.175%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2127+0.207%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0225%1h0.2128+0.264%$5K$46K5xas long as short
dYdX XLM-USD+0.0264%1h0.2123+0.029%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0265%1h0.2125+0.151%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2129+0.302%$238K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2125+0.144%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0833%1h0.2127+0.231%$528K$153K25xas long as short