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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.182%
Price spread now: Injective against Extended+0.323%100s7-day average −0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.303%−$30 on $10k
Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.323%, 7d avg −0.114%
Together, before fees−0.592%+ Points / potential airdropExtended: Active · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.438% dearer against Extended than usual: you sell high and buy low (spread +0.323% now, against its 7-day average of −0.114%): +$44 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.303% in total) that is about 10 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21180.0104pay 0.0013% / 1h59m 35s$189K$1.5M10x
ShortInjective XLM/USDC PERP0.21250.0033get 0.0004% / 1h59m 35s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: +0.323% → −0.114%
$43.76
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$23.9
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

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, 4 min ago4.01 bp7.9 bp −$817.4 bp −$174doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2119+0.018%$4K150xas long as short
Injective XLM/USDC PERPshort+0.0033%1h0.2125+0.323%$683$241K12x
Lighter XLM+0.0096%1h0.2121+0.125%$366K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2120+0.068%$563K$615K75xas long as short
Binance XLMUSDT+0.0100%8h0.2119+0.033%$54.3M$162.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117−0.050%$42.9M$47.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119+0.030%$12.2M$44.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2118−0.026%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2118+0.002%$24.6M$28.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2118−0.007%$14.0M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117−0.036%$25.4M$22.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2118+0.002%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2116−0.096%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119+0.021%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2119+0.040%$594K$585K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2118+0.011%$170K$263K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120+0.087%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2120+0.082%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2120+0.082%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2116−0.097%$195K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2121+0.115%$8.7M$9.1M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2118long leg$189K$1.5M10x
Backpack XLM_USDC_PERP+0.0200%1h0.2120+0.082%$130K$348K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2119+0.040%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0263%1h0.2124+0.276%$4K$50K5xas long as short
dYdX XLM-USD+0.0320%1h0.2118−0.027%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0333%1h0.2121+0.114%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2127+0.427%$222K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2119+0.037%$39K100xas long as short
Hyperliquid XLM+0.0586%1h0.2120+0.096%$12.1M$6.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0977%1h0.2122+0.177%$526K$172K25xas long as short