After costs, if the gap returns to its 7d average, $10k−$52
spread now+0.045%7d average+0.065%fees + slippage, in and out−$50spread needed0.498%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2088 | 0.0358 | pay 0.0045% / 1h | 25m 40s | $2.3M | $2.1M | 50x |
| Short | Coinbase International XLM-PERP-INTX | 0.2089 | 0.0376 | get 0.0047% / 1h | 25m 40s | $272K | $1.3M | 50x |
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTXPrice 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
- $4.5
- Funding while held
- $0.53
- Slippage, 4 orders
- −$29.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$44.76
- Spread needed to break even
- 0.498%
Slippage from Kraken Futures: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.53
- 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 Kraken Futures live order book, 4 min ago | 1.20 bp | 12.3 bp −$12 | 24.8 bp −$248 | 112.8 bp −$11.3K | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 4.80 bp | 14.0 bp −$14 | 18.6 bp −$186 | doesn't fit | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
SunX0.2082+5.875%edgeX0.2082+5.887%Variational Omni0.2084+6.001%BloFin0.2085+6.053%Phoenix0.2085+6.068%Orderly0.2086+6.104%gTrade (Gains Network)0.2086+6.119%ApeX Omni0.2086+6.119%GMX0.2086+6.128%SoDEX0.2087+6.170%Phemex0.2087+6.170%
Injective
SunX
Variational Omni
BloFin
Phoenix
Orderly
gTrade (Gains Network)
ApeX Omni
GMX
SoDEX
PhemexKraken Futures0.2088+6.193%
Extended0.2088+6.211%Deribit0.2089+6.231%dYdX0.2089+6.232%Backpack0.2089+6.241%
Extended
Deribit
dYdX
BackpackCoinbase International0.2089+6.241%
HTX0.2089+6.241%Bybit0.2089+6.256%BingX0.2089+6.261%KuCoin0.2089+6.272%Bitget0.2089+6.272%OKX0.2089+6.277%Gate0.2089+6.277%Aster0.2089+6.281%MEXC0.2090+6.297%Binance0.2090+6.302%Hyperliquid0.2091+6.378%Lighter0.2091+6.378%
HTX
Bybit
BingX
KuCoin
Bitget
OKX
Gate
Aster
MEXC
Binance
Hyperliquid
LighterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.832% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| SunX XLM-USDT | −0.300% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| edgeX XLMUSDC | −0.289% | +0.0100% | 4h | $14K | $287K | 10x | as long as short |
| Variational Omni XLM | −0.181% | +0.0100% | 8h | $286K | $640K | — | as long as short |
| BloFin XLM-USDT | −0.132% | +0.0220% | 8h | $2.2M | $5.7M | 75x | as long as short |
| Phoenix XLM | −0.118% | +0.0153% | 1h | $13K | $34K | 5x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.084% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.070% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| ApeX Omni XLMUSDT | −0.070% | +0.0100% | 1h | $167K | $242K | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.062% | L +0.0183% / S +0.0025% | 1h | $46K | — | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XLM-USD | −0.022% | +0.0100% | 1h | $437 | $5K | 5x | as long as short |
| Phemex XLMUSDT | −0.022% | +0.0100% | 8h | $8.6M | $8.8M | 50x | as long as short |
| Kraken Futures PF_XLMUSDlong | 0.000% | +0.0358% | 1h | $2.3M | $2.1M | 50x | |
| Extended XLM-USD | +0.017% | +0.0104% | 1h | $205K | $1.5M | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.035% | +0.0469% | 1h | $519K | $138K | 25x | as long as short |
| dYdX XLM-USD | +0.037% | +0.0152% | 1h | $24K | $1K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.045% | +0.0106% | 1h | $104K | $195K | 20x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.045% | +0.0376% | 1h | $272K | $1.3M | 50x | |
| HTX XLM-USDT | +0.045% | +0.0100% | 8h | $194K | $376K | 20x | as long as short |
| Bybit XLMUSDT | +0.059% | +0.0100% | 8h | $41.2M | $35.6M | 75x | as long as short |
| BingX XLM-USDT | +0.064% | +0.0100% | 8h | — | $6.3M | — | as long as short |
| KuCoin XLMUSDTM | +0.074% | +0.0100% | 8h | $14.0M | $9.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.074% | +0.0100% | 8h | $24.4M | $16.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.079% | +0.0100% | 8h | $11.5M | $34.3M | 50x | as long as short |
| Gate XLM_USDT | +0.079% | +0.0100% | 8h | $3.7M | $6.1M | 75x | as long as short |
| Aster XLMUSDT | +0.083% | +0.0100% | 8h | $564K | $1.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.098% | +0.0100% | 8h | $26.1M | $23.6M | 300x | as long as short |
| Binance XLMUSDT | +0.102% | +0.0100% | 8h | $51.0M | $133.8M | 75x | as long as short |
| Hyperliquid XLM | +0.174% | +0.0233% | 1h | $11.2M | $5.4M | 5x | as long as short |
| Lighter XLM | +0.174% | +0.0224% | 1h | $469K | $710K | 5x | as long as short |