XLM

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+6.211%

7d average—if it closes, per $10,000$621funding while held, a day+$5.60

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XLM/USDC PERP	0.1966	0.0033	pay 0.0004% / 1h	9m 41s	$786	$40K	12x
Short	BloFin XLM-USDT	0.2088	0.0220	get 0.0220% / 8h	5h 09m	$2.2M	$6.0M	75x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee BloFinbpOrdersClose when spread is

Spread captured: $621.06
Funding while held: $5.6
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: $614.64
Spread needed to break even: 0.120%

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0187%
Per $10,000 a day: +$5.60
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 Injective no order-book sample	—	—	—	—	—
Sell BloFin live order book, 5 min ago	0.24 bp	6.6 bp −$7	8.7 bp −$87	18.1 bp −$1,807	doesn't fit

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 price on every exchange

against the cheapest. Click to use as the short leg.

Injective0.1966cheapest

Variational Omni0.2086+6.083%

BloFin0.2088+6.211%

Phoenix0.2088+6.226%

dYdX0.2089+6.261%

OKX0.2089+6.267%

Bybit0.2090+6.287%

BingX0.2090+6.292%

KuCoin0.2090+6.297%

Gate0.2090+6.302%

Aster0.2090+6.306%

gTrade (Gains Network)0.2090+6.307%

Extended0.2090+6.308%

MEXC0.2090+6.322%

GMX0.2090+6.325%

Binance0.2090+6.332%

ApeX Omni0.2091+6.343%

SoDEX0.2091+6.343%

Coinbase International0.2091+6.343%

edgeX0.2091+6.347%

Backpack0.2091+6.348%

Orderly0.2091+6.358%

Bitget0.2091+6.373%

HTX0.2092+6.384%

Phemex0.2092+6.394%

Kraken Futures0.2092+6.404%

Hyperliquid0.2093+6.439%

SunX0.2093+6.450%

Deribit0.2093+6.450%

Lighter0.2095+6.582%

XLM on 30 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective XLM/USDC PERPlong	0.000%	+0.0033%	1h	$786	$40K	12x
Variational Omni XLM	+6.083%	+0.0100%	8h	$202K	$927K	—	as long as short
BloFin XLM-USDTshort	+6.211%	+0.0220%	8h	$2.2M	$6.0M	75x
Phoenix XLM	+6.226%	+0.0231%	1h	$4K	$31K	5x	as long as short
dYdX XLM-USD	+6.261%	+0.0162%	1h	$24K	$2K	10x	as long as short
OKX XLM-USDT-SWAP	+6.267%	+0.0100%	8h	$11.6M	$36.9M	50x	as long as short
Bybit XLMUSDT	+6.287%	+0.0100%	8h	$42.3M	$37.7M	75x	as long as short
BingX XLM-USDT	+6.292%	+0.0100%	8h	—	$6.7M	—	as long as short
KuCoin XLMUSDTM	+6.297%	+0.0100%	8h	$14.0M	$9.3M	75x	as long as short
Gate XLM_USDT	+6.302%	+0.0100%	8h	$3.8M	$5.7M	75x	as long as short

Show all 30 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aster XLMUSDT	+6.306%	+0.0151%	8h	$586K	$758K	75x	as long as short
gTrade (Gains Network) XLM/USD	+6.307%	L 0.0000% / S +0.0002%	1h	$10K	—	150x	as long as short
Extended XLM-USD	+6.308%	+0.0104%	1h	$204K	$1.5M	10x	as long as short
MEXC XLM_USDT	+6.322%	+0.0100%	8h	$23.5M	$24.7M	300x	as long as short
GMX XLM/USD [WBTC.b-USDC]	+6.325%	L +0.0161% / S +0.0046%	1h	$46K	—	100x	as long as short
Binance XLMUSDT	+6.332%	+0.0100%	8h	$52.9M	$137.0M	75x	as long as short
ApeX Omni XLMUSDT	+6.343%	+0.0100%	1h	$168K	$256K	50x	as long as short
SoDEX XLM-USD	+6.343%	+0.0100%	1h	$2K	$6K	5x	as long as short
Coinbase International XLM-PERP-INTX	+6.343%	+0.0448%	1h	$249K	$1.4M	50x	as long as short
edgeX XLMUSDC	+6.347%	+0.0100%	4h	$11K	$295K	10x	as long as short
Backpack XLM_USDC_PERP	+6.348%	+0.0100%	1h	$98K	$203K	20x	as long as short
Orderly PERP_XLM_USDC_mythos	+6.358%	+0.0100%	4h	$3K	$2K	10x	as long as short
Bitget XLMUSDT	+6.373%	+0.0100%	8h	$24.6M	$16.6M	75x	as long as short
HTX XLM-USDT	+6.384%	+0.0100%	8h	$195K	$269K	20x	as long as short
Phemex XLMUSDT	+6.394%	+0.0100%	8h	$8.6M	$8.7M	50x	as long as short
Kraken Futures PF_XLMUSD	+6.404%	+0.0200%	1h	$2.3M	$1.9M	50x	as long as short
Hyperliquid XLM	+6.439%	+0.0305%	1h	$11.2M	$5.3M	5x	as long as short
SunX XLM-USDT	+6.450%	+0.0100%	8h	$2K	$1.6M	20x	as long as short
Deribit XLM_USDC-PERPETUAL	+6.450%	+0.0946%	1h	$519K	$153K	25x	as long as short
Lighter XLM	+6.582%	+0.0344%	1h	$427K	$673K	5x	as long as short