After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.138%7d average−0.069%fees + slippage, in and out−$34spread needed0.337%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2107 | 0.0138 | pay 0.0017% / 1h | 12m 25s | $11.3M | $5.5M | 5x |
| Short | Bybit XLMUSDT | 0.2104 | 0.0100 | get 0.0100% / 8h | 12m 25s | $41.6M | $36.4M | 75x |
Hyperliquid XLM
Bybit XLMUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$13.76
- Funding while held
- −$1.14
- Slippage, 4 orders
- −$13.74
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.64
- Spread needed to break even
- 0.337%
Slippage from Hyperliquid: live order book, 12 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0038%
- Per $10,000 a day
- −$1.14
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 12 min ago | 0.48 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.38 bp | 11.5 bp −$11 | 16.1 bp −$161 | 72.7 bp −$7,271 | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
Variational Omni0.2100+6.832%Phoenix0.2102+6.897%edgeX0.2102+6.908%ApeX Omni0.2102+6.933%HTX0.2103+6.974%SunX0.2103+6.984%Extended0.2104+7.023%
Injective
Variational Omni
Phoenix
ApeX Omni
HTX
SunX
ExtendedBybit0.2104+7.030%
Gate0.2104+7.040%Bitget0.2105+7.050%OKX0.2105+7.055%BingX0.2105+7.055%Binance0.2105+7.060%dYdX0.2105+7.063%KuCoin0.2105+7.085%Backpack0.2105+7.091%gTrade (Gains Network)0.2105+7.091%MEXC0.2105+7.096%GMX0.2105+7.096%SoDEX0.2105+7.096%Phemex0.2106+7.101%Kraken Futures0.2106+7.107%Orderly0.2106+7.121%BloFin0.2106+7.131%Lighter0.2107+7.146%Deribit0.2107+7.172%
Gate
Bitget
OKX
BingX
Binance
dYdX
KuCoin
Backpack
gTrade (Gains Network)
MEXC
GMX
SoDEX
Phemex
Kraken Futures
Orderly
BloFin
Lighter
DeribitHyperliquid0.2107+7.177%
Aster0.2108+7.241%Coinbase International0.2109+7.284%
Aster
Coinbase InternationalXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −6.696% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| Variational Omni XLM | −0.322% | +0.0100% | 8h | $272K | $825K | — | as long as short |
| Phoenix XLM | −0.261% | +0.0152% | 1h | $13K | $31K | 5x | as long as short |
| edgeX XLMUSDC | −0.251% | +0.0100% | 4h | $14K | $291K | 10x | as long as short |
| ApeX Omni XLMUSDT | −0.228% | +0.0100% | 1h | $168K | $243K | 50x | as long as short |
| HTX XLM-USDT | −0.190% | +0.0100% | 8h | $196K | $273K | 20x | as long as short |
| SunX XLM-USDT | −0.180% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| Extended XLM-USD | −0.144% | +0.0104% | 1h | $206K | $1.5M | 10x | as long as short |
| Bybit XLMUSDTshort | −0.138% | +0.0100% | 8h | $41.6M | $36.4M | 75x | |
| Gate XLM_USDT | −0.128% | +0.0100% | 8h | $3.8M | $6.2M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | −0.119% | +0.0100% | 8h | $24.5M | $16.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.114% | +0.0100% | 8h | $11.5M | $35.7M | 50x | as long as short |
| BingX XLM-USDC | −0.114% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Binance XLMUSDT | −0.109% | +0.0100% | 8h | $51.9M | $138.4M | 75x | as long as short |
| dYdX XLM-USD | −0.107% | +0.0047% | 1h | $24K | $1K | 10x | as long as short |
| KuCoin XLMUSDTM | −0.085% | +0.0100% | 8h | $14.1M | $9.3M | 75x | as long as short |
| Backpack XLM_USDC_PERP | −0.081% | +0.0100% | 1h | $99K | $206K | 20x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.080% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| MEXC XLM_USDT | −0.076% | +0.0100% | 8h | $25.8M | $24.4M | 300x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.076% | L +0.0177% / S +0.0031% | 1h | $47K | — | 100x | as long as short |
| SoDEX XLM-USD | −0.076% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Phemex XLMUSDT | −0.071% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | −0.065% | +0.0141% | 1h | $2.3M | $2.1M | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.052% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| BloFin XLM-USDT | −0.043% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| Lighter XLM | −0.028% | +0.0096% | 1h | $446K | $743K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | −0.005% | +0.0557% | 1h | $523K | $143K | 25x | as long as short |
| Hyperliquid XLMlong | 0.000% | +0.0138% | 1h | $11.3M | $5.5M | 5x | |
| Aster XLMUSDT | +0.060% | +0.0100% | 8h | $587K | $1.2M | 75x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.100% | +0.0384% | 1h | $267K | $1.4M | 50x | as long as short |