Settings8H · net · $10k
Funding arb · Price arb /

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended+0.078%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.325% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.078%, 7d avg +0.098%
Together, before fees+0.086%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$9 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: Aster is 0.020% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21330.0104pay 0.0013% / 1h8m 54s$190K$1.8M10x
ShortAster XLMUSDT0.21350.0100get 0.0100% / 8h5h 08m$569K$624K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$0.84
Price spread: +0.078% → +0.098%
−$2.04
Slippage, 4 orders
−$19.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$35.33
Costs to cover
0.325%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Aster: live order book, 54 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 Extended live order book, 5 min ago2.80 bp8.6 bp −$916.3 bp −$163doesn't fitdoesn't fit
Sell Aster live order book, 54 min ago2.36 bp10.4 bp −$1029.1 bp −$291doesn'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%1h0.2135+0.080%$4K150xas long as short
Lighter XLM+0.0096%1h0.2138+0.205%$374K$923K5xas long as short
Aster XLMUSDTshort+0.0100%8h0.2135+0.078%$569K$624K75x
Binance XLMUSDT+0.0100%8h0.2134+0.027%$54.7M$154.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2133−0.020%$43.1M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2133−0.011%$12.6M$42.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2134+0.031%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2134+0.045%$24.2M$27.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2134+0.012%$14.1M$9.8M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2134+0.022%$25.6M$21.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2133−0.025%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2135+0.073%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2140+0.312%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2142+0.412%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2145+0.556%$598K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2142+0.392%$172K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2136+0.120%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2134+0.003%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2135+0.087%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2137+0.176%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2135+0.097%$9.0M$8.9M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2133long leg$190K$1.8M10x
dYdX XLM-USD+0.0212%1h0.2134+0.024%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2137+0.162%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2145+0.547%$5K$46K5xas long as short
Hyperliquid XLM+0.0338%1h0.2136+0.130%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0460%1h0.2135+0.095%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2139+0.266%$234K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2135+0.092%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0687%1h0.2137+0.162%$530K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.395%$683$241K12xas long as short