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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit0.000%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days−0.002%$0 · spread now 0.000%, 7d avg +0.028%
Together, before fees+0.011%+$1 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: KuCoin is 0.028% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21020.0100pay 0.0100% / 8h4h 23m$42.7M$38.0M75x
ShortKuCoin XLMUSDTM0.21020.0100get 0.0100% / 8h4h 23m$14.1M$9.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → +0.028%
−$2.77
Slippage, 4 orders
−$29.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$54.99
Costs to cover
0.522%
Break-even
never at this rate
Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 9 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, 9 min ago2.39 bp7.9 bp −$813.5 bp −$13565.4 bp −$6,544doesn't fit
Sell KuCoin live order book, 9 min ago0.72 bp15.0 bp −$1540.2 bp −$402doesn'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%1h0.2106+0.177%$10K150xas long as short
dYdX XLM-USD+0.0040%1h0.2102+0.003%$23K$3K10xas long as short
Binance XLMUSDT+0.0100%8h0.2103+0.033%$53.3M$138.0M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2102long leg$42.7M$38.0M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2102−0.029%$11.7M$37.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2104+0.105%$3.9M$5.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2103+0.038%$23.9M$24.5M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.21020.000%$14.1M$9.5M75x
Bitget XLMUSDT+0.0100%8h0.2103+0.029%$24.9M$16.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2103+0.029%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2105+0.138%$99K$202K20xas long as short
Variational Omni XLM+0.0100%8h0.2096−0.267%$202K$928Kas long as short
edgeX XLMUSDC+0.0100%4h0.2098−0.181%$11K$296K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2094−0.396%$580K$563K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2094−0.400%$168K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2106+0.186%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2108+0.300%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2104+0.114%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2105+0.133%$196K$270K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2105+0.133%$8.7M$8.7M50xas long as short
Aster XLMUSDT+0.0102%8h0.2107+0.226%$585K$763K75xas long as short
Extended XLM-USD+0.0104%1h0.2105+0.132%$205K$1.5M10xas long as short
Phoenix XLM+0.0153%1h0.2097−0.252%$4K$40K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0157% / S +0.0049%1h0.2106+0.180%$46K100xas long as short
BloFin XLM-USDT+0.0220%8h0.2104+0.100%$2.2M$6.1M75xas long as short
Injective XLM/USDC PERP+0.0252%1h0.2097−0.243%$470$61K12xas long as short
Kraken Futures PF_XLMUSD+0.0349%1h0.2105+0.135%$2.5M$2.1M50xas long as short
Coinbase International XLM-PERP-INTX+0.0424%1h0.2107+0.219%$251K$1.4M50xas long as short
Hyperliquid XLM+0.0453%1h0.2106+0.194%$11.4M$5.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0463%1h0.2107+0.214%$523K$152K25xas long as short
Lighter XLM+0.0512%1h0.2108+0.271%$430K$671K5xas long as short