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%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against edgeX−0.436%74s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1371.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.637%+$64 · spread now −0.436%, 7d avg +0.065%
Together, before fees+0.637%+ Points / potential airdropedgeX: Active · farm board+$64 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: SunX is 0.501% cheaper against edgeX than usual: you would sell low and buy high, −$50 on $10k if it goes back to its 7-day average of +0.065%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21730.0100pay 0.0050% / 4h40m 01s$12K$302K10x
ShortSunX XLM-USDT0.21640.0100get 0.0100% / 8h40m 01s$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.436% → +0.065%
−$50.13
Slippage, 4 orders
−$119.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$186.73
Costs to cover
1.366%
Break-even
never at this rate
Slippage from edgeX: live order book, 38 min ago; SunX: live order book, 5 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 ago1.39 bp6.1 bp −$621.8 bp −$218doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago29.45 bp76.5 bp −$76doesn't fitdoesn'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
Injective XLM/USDC PERP−0.5000%1h0.2037−6.262%$5K$238K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2165−0.366%$4K150xas long as short
dYdX XLM-USD+0.0033%1h0.2166−0.336%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2168−0.235%$581K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2168−0.243%$56.0M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2166−0.307%$44.0M$43.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2165−0.349%$13.1M$41.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2166−0.344%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2167−0.266%$25.6M$26.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2166−0.330%$14.5M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2166−0.335%$25.8M$19.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2166−0.330%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2166−0.330%$94K$266K20xas long as short
Variational Omni XLM+0.0100%8h0.2168−0.223%$257K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2173long leg$12K$302K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2167−0.272%$600K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2171−0.077%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2165−0.372%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2164−0.436%$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2165−0.349%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2167−0.280%$200K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2166−0.312%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2166−0.325%$194K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2170−0.160%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2167−0.293%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2165−0.371%$45K100xas long as short
Kraken Futures PF_XLMUSD+0.0412%1h0.2166−0.337%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2171−0.091%$234K$1.5M50xas long as short
Hyperliquid XLM+0.0524%1h0.2168−0.222%$12.3M$6.1M5xas long as short
Lighter XLM+0.0576%1h0.2170−0.155%$419K$809K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0766%1h0.2167−0.270%$538K$160K25xas long as short