After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.038%7d average−0.056%fees + slippage, in and out−$36spread needed0.360%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XLM_USDC-PERPETUAL | 0.2100 | 0.0369 | pay 0.0046% / 1h | 50m 24s | $522K | $154K | 25x |
| Short | Binance XLMUSDT | 0.2101 | 0.0100 | get 0.0100% / 8h | 7h 50m | $52.1M | $139.5M | 75x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.81
- Funding while held
- −$8.07
- Slippage, 4 orders
- −$18.95
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.22
- Spread needed to break even
- 0.360%
Slippage from Deribit: live order book, 50 min ago; Binance: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0269%
- Per $10,000 a day
- −$8.07
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 50 min ago | 5.48 bp | 9.4 bp −$9 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.24 bp | 7.1 bp −$7 | 13.8 bp −$138 | 46.1 bp −$4,615 | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.XLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −6.394% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| SunX XLM-USDT | −0.176% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| Phoenix XLM | −0.048% | +0.0152% | 1h | $13K | $31K | 5x | as long as short |
| dYdX XLM-USD | −0.041% | +0.0047% | 1h | $24K | $1K | 10x | as long as short |
| HTX XLM-USDT | −0.038% | +0.0100% | 8h | $196K | $274K | 20x | as long as short |
| BloFin XLM-USDT | −0.038% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.019% | +0.0100% | 8h | $11.8M | $36.2M | 50x | as long as short |
| Bybit XLMUSDT | −0.005% | +0.0100% | 8h | $41.7M | $36.9M | 75x | as long as short |
| BingX XLM-USDT | −0.005% | +0.0100% | 8h | — | $6.8M | — | as long as short |
| Gate XLM_USDT | 0.000% | +0.0003% | 8h | $3.8M | $5.8M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | 0.000% | +0.0100% | 8h | $24.4M | $16.6M | 75x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | 0.000% | +0.0369% | 1h | $522K | $154K | 25x | |
| Phemex XLMUSDT | +0.005% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| KuCoin XLMUSDTM | +0.010% | +0.0100% | 8h | $14.1M | $9.3M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.012% | 0.0000% | 1h | $2.3M | $2.1M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.015% | L +0.0175% / S +0.0032% | 1h | $46K | — | 100x | as long as short |
| Extended XLM-USD | +0.016% | +0.0104% | 1h | $206K | $1.5M | 10x | as long as short |
| Variational Omni XLM | +0.018% | +0.0100% | 8h | $263K | $858K | — | as long as short |
| gTrade (Gains Network) XLM/USD | +0.033% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.033% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Binance XLMUSDTshort | +0.038% | +0.0100% | 8h | $52.1M | $139.5M | 75x | |
| MEXC XLM_USDT | +0.043% | +0.0100% | 8h | $25.0M | $24.1M | 300x | as long as short |
| Backpack XLM_USDC_PERP | +0.043% | +0.0100% | 1h | $98K | $208K | 20x | as long as short |
| ApeX Omni XLMUSDT | +0.043% | +0.0100% | 1h | $168K | $243K | 50x | as long as short |
| edgeX XLMUSDC | +0.050% | +0.0100% | 4h | $13K | $292K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.057% | +0.0400% | 1h | $261K | $1.4M | 50x | as long as short |
| Lighter XLM | +0.067% | +0.0288% | 1h | $445K | $696K | 5x | as long as short |
| Aster XLMUSDT | +0.083% | +0.0101% | 8h | $585K | $1.2M | 75x | as long as short |
| Hyperliquid XLM | +0.133% | +0.0251% | 1h | $11.3M | $5.5M | 5x | as long as short |
| SoDEX XLM-USD | +0.200% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
Deribit XLM_USDC-PERPETUAL
Binance XLMUSDT
Injective
SunX
Phoenix
HTX
BloFin
OKX
Bybit
BingX
Gate
Bitget
Phemex
KuCoin
Kraken Futures
GMX
Extended
Variational Omni
gTrade (Gains Network)
MEXC
Backpack
ApeX Omni
Coinbase International
Lighter
Aster
Hyperliquid
SoDEX