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% APRpaid last 24h 0.000%
Price spread now: Orderly against Bybit+0.009%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21440.0100pay 0.0100% / 8h3h 46m$43.4M$46.0M75x
ShortOrderly PERP_XLM_USDC_mythos0.21440.0100get 0.0050% / 4h3h 46m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.009% → 0.000%
$0.93
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.07
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: no order-book sample. 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 Bybit live order book, 3 min ago2.33 bp11.9 bp −$1217.8 bp −$17877.4 bp −$7,737doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2142−0.073%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.877%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2146+0.117%$377K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2143−0.016%$570K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2144+0.014%$55.0M$156.9M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2144long leg$43.4M$46.0M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2144+0.019%$12.6M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2143−0.051%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2144−0.009%$23.9M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2143−0.033%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2144+0.014%$25.9M$21.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2143−0.033%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2142−0.078%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2145+0.074%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2144+0.028%$601K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2143−0.037%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2144+0.009%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2139−0.205%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2143−0.023%$584$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2143−0.023%$197K$254K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2144−0.009%$9.1M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2143−0.042%$191K$1.8M10xas long as short
dYdX XLM-USD+0.0155%1h0.2142−0.087%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2144−0.006%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0214%1h0.2145+0.037%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2144−0.009%$2.3M$5.3M75xas long as short
Phoenix XLM+0.0225%1h0.2145+0.075%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2148+0.205%$249K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2142−0.066%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0683%1h0.2144−0.005%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUAL+0.0963%1h0.2145+0.070%$532K$154K25xas long as short