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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −0.068%
Price spread now: Injective against HTX−0.365%7-day average −0.274% · you buy dearer than you sell
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−0.182%−$18 on $10k
Price spread, last 3 days (all we have)+0.438%+$44 · spread now −0.365%, 7d avg −0.274%
Together, before fees+0.256%+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$153 a day on $10k at the current rate, and Injective is 0.091% cheaper against HTX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.274%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.182% in total (about -9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XLM-USDT0.21650.0100pay 0.0100% / 8h7h 28m$200K$256K20x
ShortInjective XLM/USDC PERP0.2157−0.5000pay 0.0625% / 1h28m 37s$736$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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
−$1,071
Price spread: −0.365% → −0.274%
−$9.12
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,092.14
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 43 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 HTX live order book, 43 min ago24.84 bp31.3 bp −$31doesn't fitdoesn'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
Injective XLM/USDC PERPshort−0.5000%1h0.2157−0.365%$736$241K12x
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2163−0.103%$4K150xas long as short
dYdX XLM-USD+0.0037%1h0.2165−0.017%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2169+0.176%$400K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2165−0.001%$55.9M$151.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2165−0.014%$44.1M$44.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2164−0.042%$13.3M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2165+0.028%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2167+0.079%$25.0M$26.4M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2166+0.032%$14.4M$10.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2165−0.005%$25.8M$19.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2167+0.083%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2165−0.009%$89K$269K20xas long as short
Variational Omni XLM+0.0100%8h0.2163−0.080%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2165−0.017%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2165−0.008%$610K$600K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2166+0.069%$174K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2165+0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2161−0.171%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2165−0.009%$2K$6K5xas long as short
HTX XLM-USDTlong+0.0100%8h0.2165long leg$200K$256K20x
Phemex XLMUSDT+0.0100%8h0.2165−0.005%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2167+0.092%$194K$1.7M10xas long as short
Aster XLMUSDT+0.0140%8h0.2166+0.069%$581K$660K75xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2164−0.019%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2164−0.042%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2165+0.018%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2163−0.079%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2164−0.060%$229K$1.5M50xas long as short
Hyperliquid XLM+0.0538%1h0.2168+0.148%$12.5M$6.3M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0720%1h0.2166+0.051%$538K$150K25xas long as short