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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: HTX against Injective−0.184%65s7-day average +0.234% · 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+0.295%+$29 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.184%, 7d avg +0.234%
Together, before fees+0.474%+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.418% cheaper against Injective than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of +0.234%). If the spread goes back, that is −$42 on $10k: about 21 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.295% in total) that is about 9.9 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.21250.0033pay 0.0004% / 1h51m 26s$683$241K12x
ShortHTX XLM-USDT0.21210.0100get 0.0100% / 8h51m 26s$195K$249K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
Price spread: −0.184% → +0.234%
−$41.77
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$39.79
Costs to cover
0.120%
Break-even
26.9 days
Slippage unknown: Injective: no order-book sample; HTX: live order book, 50 min ago. 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 Injective no order-book sample
Sell HTX live order book, 50 min ago17.71 bp28.8 bp −$29doesn't fitdoesn't fitdoesn'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 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%1h0.2122−0.163%$4K150xas long as short
Injective XLM/USDC PERPlong+0.0033%1h0.2125long leg$683$241K12x
Lighter XLM+0.0096%1h0.2128+0.127%$367K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2124−0.043%$564K$615K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123−0.088%$54.5M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121−0.174%$43.0M$47.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2121−0.179%$12.2M$44.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2123−0.113%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2123−0.089%$24.4M$28.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122−0.118%$14.0M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2122−0.160%$25.5M$22.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2123−0.108%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2113−0.560%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120−0.225%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2123−0.106%$595K$585K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2119−0.306%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2122−0.141%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.113%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121−0.169%$578$6K5xas long as short
HTX XLM-USDTshort+0.0100%8h0.2121−0.184%$195K$249K20x
Phemex XLMUSDT+0.0100%8h0.2123−0.089%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2123−0.114%$189K$1.4M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2120−0.221%$2.3M$5.5M75xas long as short
Backpack XLM_USDC_PERP+0.0238%1h0.2123−0.080%$130K$347K20xas long as short
Phoenix XLM+0.0264%1h0.2123−0.085%$4K$50K5xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2115−0.461%$220K$1.6M50xas long as short
dYdX XLM-USD+0.0381%1h0.2123−0.113%$23K$2K10xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2120−0.254%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0549%1h0.2123−0.101%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0640%1h0.2126+0.033%$12.1M$6.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.1024%1h0.2123−0.108%$526K$172K25xas long as short