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: KuCoin against edgeX−0.236%53s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.236%, 7d avg +0.005%
Together, before fees+0.071%+ Points / potential airdropedgeX: Active · farm board+$7 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 0.242% cheaper against edgeX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21350.0100pay 0.0050% / 4h3h 14m$12K$307K10x
ShortKuCoin XLMUSDTM0.21300.0100get 0.0100% / 8h3h 14m$14.0M$9.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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: −0.236% → +0.005%
−$24.19
Slippage, 4 orders
−$24.41
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$69.6
Costs to cover
0.454%
Break-even
never at this rate
Slippage from edgeX: live order book, 38 min ago; KuCoin: live order book, 4 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 edgeX live order book, 38 min ago1.16 bp6.0 bp −$649.3 bp −$493doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago1.64 bp16.2 bp −$1637.9 bp −$379doesn'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%1h0.2132−0.131%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.480%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2133−0.091%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2131−0.184%$567K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2131−0.210%$54.7M$158.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2130−0.246%$43.1M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2130−0.227%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2131−0.190%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2131−0.208%$25.7M$27.7M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2130−0.236%$14.0M$9.5M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2131−0.190%$25.7M$22.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2131−0.185%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2131−0.193%$254K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2135long leg$12K$307K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2134−0.069%$598K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2135+0.007%$171K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2132−0.152%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2131−0.180%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2132−0.161%$581$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2134−0.049%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2132−0.147%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2131−0.203%$192K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0186%1h0.2132−0.150%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0190%1h0.2133−0.115%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2133−0.119%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2132−0.133%$5K$46K5xas long as short
dYdX XLM-USD+0.0313%1h0.2130−0.266%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0436%1h0.2132−0.166%$129K$293K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2135−0.002%$245K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2133−0.122%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0876%1h0.2134−0.072%$529K$159K25xas long as short