After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.237%7d average+0.024%fees + slippage, in and out−$37spread needed0.370%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLMUSDC | 0.2079 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $14K | $288K | 10x |
| Short | Kraken Futures PF_XLMUSD | 0.2084 | 0.0359 | get 0.0045% / 1h | 36m 09s | $2.3M | $2.1M | 50x |
Kraken Futures PF_XLMUSDPrice 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
- $23.68
- Funding while held
- $7.77
- Slippage, 4 orders
- −$18.01
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$5.56
- Spread needed to break even
- 0.370%
Slippage from edgeX: live order book, 18 min ago; Kraken Futures: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0259%
- Per $10,000 a day
- +$7.77
- 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 edgeX live order book, 18 min ago | 1.45 bp | 6.3 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 2.17 bp | 11.5 bp −$12 | 21.2 bp −$212 | 74.8 bp −$7,478 | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
Variational Omni0.2076+5.595%Phoenix0.2079+5.732%ApeX Omni0.2079+5.753%Coinbase International0.2079+5.773%BloFin0.2081+5.849%SunX0.2081+5.860%dYdX0.2082+5.880%GMX0.2082+5.910%gTrade (Gains Network)0.2082+5.918%Extended0.2083+5.932%Gate0.2083+5.941%KuCoin0.2083+5.946%Bybit0.2083+5.951%Orderly0.2083+5.951%Phemex0.2083+5.956%Backpack0.2083+5.961%MEXC0.2083+5.966%Bitget0.2083+5.966%HTX0.2083+5.966%BingX0.2083+5.972%Deribit0.2083+5.972%SoDEX0.2084+5.977%
Injective
Variational Omni
Phoenix
ApeX Omni
Coinbase International
BloFin
SunX
dYdX
GMX
gTrade (Gains Network)
Extended
Gate
KuCoin
Bybit
Orderly
Phemex
Backpack
MEXC
Bitget
HTX
BingX
Deribit
SoDEXKraken Futures0.2084+5.981%
OKX0.2084+5.982%Binance0.2084+5.987%Hyperliquid0.2085+6.058%Aster0.2085+6.065%Lighter0.2085+6.068%
OKX
Binance
Hyperliquid
Aster
LighterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.420% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| Variational Omni XLM | −0.128% | +0.0100% | 8h | $260K | $615K | — | as long as short |
| edgeX XLMUSDClong | 0.000% | +0.0100% | 4h | $14K | $288K | 10x | |
| Phoenix XLM | +0.002% | +0.0153% | 1h | $13K | $34K | 5x | as long as short |
| ApeX Omni XLMUSDT | +0.021% | +0.0100% | 1h | $167K | $242K | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.040% | +0.0376% | 1h | $266K | $1.3M | 50x | as long as short |
| BloFin XLM-USDT | +0.112% | +0.0220% | 8h | $2.2M | $5.7M | 75x | as long as short |
| SunX XLM-USDT | +0.122% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| dYdX XLM-USD | +0.142% | +0.0153% | 1h | $24K | $1K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.170% | L +0.0334% / S −0.0203% | 1h | $41K | — | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | +0.177% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Extended XLM-USD | +0.191% | +0.0104% | 1h | $207K | $1.5M | 10x | as long as short |
| Gate XLM_USDT | +0.199% | +0.0100% | 8h | $3.7M | $6.0M | 75x | as long as short |
| KuCoin XLMUSDTM | +0.204% | +0.0100% | 8h | $13.9M | $9.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.209% | +0.0100% | 8h | $41.0M | $35.5M | 75x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.209% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Phemex XLMUSDT | +0.214% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.218% | +0.0137% | 1h | $100K | $194K | 20x | as long as short |
| MEXC XLM_USDT | +0.223% | +0.0100% | 8h | $26.0M | $23.3M | 300x | as long as short |
| Bitget XLMUSDT | +0.223% | +0.0100% | 8h | $24.3M | $16.5M | 75x | as long as short |
| HTX XLM-USDT | +0.223% | +0.0100% | 8h | $194K | $376K | 20x | as long as short |
| BingX XLM-USDC | +0.228% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.228% | +0.0038% | 1h | $517K | $139K | 25x | as long as short |
| SoDEX XLM-USD | +0.233% | +0.0100% | 1h | $437 | $5K | 5x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.237% | +0.0359% | 1h | $2.3M | $2.1M | 50x | |
| OKX XLM-USDT-SWAP | +0.238% | +0.0100% | 8h | $11.5M | $34.2M | 50x | as long as short |
| Binance XLMUSDT | +0.242% | +0.0100% | 8h | $50.9M | $133.6M | 75x | as long as short |
| Hyperliquid XLM | +0.310% | +0.0244% | 1h | $11.2M | $5.4M | 5x | as long as short |
| Aster XLMUSDT | +0.316% | +0.0100% | 8h | $562K | $1.1M | 75x | as long as short |
| Lighter XLM | +0.319% | +0.0280% | 1h | $467K | $709K | 5x | as long as short |