After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.039%7d average−0.008%fees + slippage, in and out−$50spread needed0.498%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2064 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $13.9M | $9.2M | 75x |
| Short | Backpack XLM_USDC_PERP | 0.2065 | 0.0100 | get 0.0013% / 1h | 5m 26s | $97K | $203K | 20x |
KuCoin XLMUSDTM
Backpack XLM_USDC_PERPPrice 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
- $3.88
- Funding while held
- $0
- Slippage, 4 orders
- −$27.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$45.94
- Spread needed to break even
- 0.498%
Slippage from KuCoin: live order book, 10 min ago; Backpack: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 10 min ago | 0.72 bp | 14.9 bp −$15 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 15 min ago | 0.24 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapestBybit0.2063+4.944%OKX0.2063+4.949%Gate0.2063+4.949%BingX0.2063+4.954%Bitget0.2064+4.959%Extended0.2064+4.960%Binance0.2064+4.983%
Injective
Bybit
OKX
Gate
BingX
Bitget
Extended
BinanceKuCoin0.2064+4.990%
MEXC0.2065+5.031%
MEXCBackpack0.2065+5.031%
dYdX0.2065+5.036%SoDEX0.2066+5.061%Aster0.2066+5.066%Hyperliquid0.2066+5.081%Phemex0.2066+5.086%gTrade (Gains Network)0.2066+5.087%Kraken Futures0.2066+5.102%GMX0.2066+5.107%SunX0.2067+5.127%Orderly0.2067+5.137%Deribit0.2067+5.153%Lighter0.2068+5.173%Variational Omni0.2069+5.223%HTX0.2069+5.224%edgeX0.2070+5.300%Phoenix0.2071+5.326%ApeX Omni0.2072+5.366%BloFin0.2072+5.397%Coinbase International0.2077+5.626%
dYdX
SoDEX
Aster
Hyperliquid
Phemex
gTrade (Gains Network)
Kraken Futures
GMX
SunX
Orderly
Deribit
Lighter
Variational Omni
HTX
Phoenix
ApeX Omni
BloFin
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 | −4.753% | +0.0033% | 1h | $786 | $77K | 12x | as long as short |
| Bybit XLMUSDT | −0.044% | +0.0100% | 8h | $41.3M | $37.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.039% | +0.0100% | 8h | $11.4M | $35.9M | 50x | as long as short |
| Gate XLM_USDT | −0.039% | +0.0100% | 8h | $3.8M | $5.9M | 75x | as long as short |
| BingX XLM-USDT | −0.034% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Bitget XLMUSDT | −0.029% | +0.0100% | 8h | $24.1M | $16.6M | 75x | as long as short |
| Extended XLM-USD | −0.029% | +0.0104% | 1h | $202K | $1.5M | 10x | as long as short |
| Binance XLMUSDT | −0.006% | +0.0100% | 8h | $52.0M | $137.0M | 75x | as long as short |
| KuCoin XLMUSDTMlong | 0.000% | +0.0100% | 8h | $13.9M | $9.2M | 75x | |
| MEXC XLM_USDT | +0.039% | +0.0100% | 8h | $23.0M | $24.9M | 300x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERPshort | +0.039% | +0.0100% | 1h | $97K | $203K | 20x | |
| dYdX XLM-USD | +0.044% | +0.0101% | 1h | $23K | $2K | 10x | as long as short |
| SoDEX XLM-USD | +0.068% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Aster XLMUSDT | +0.073% | +0.0100% | 8h | $575K | $798K | 75x | as long as short |
| Hyperliquid XLM | +0.087% | +0.0137% | 1h | $11.0M | $5.3M | 5x | as long as short |
| Phemex XLMUSDT | +0.092% | +0.0100% | 8h | $8.4M | $8.7M | 50x | as long as short |
| gTrade (Gains Network) XLM/USD | +0.093% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Kraken Futures PF_XLMUSD | +0.106% | +0.0186% | 1h | $2.3M | $2.0M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.112% | L +0.0166% / S +0.0041% | 1h | $45K | — | 100x | as long as short |
| SunX XLM-USDT | +0.131% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.140% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.155% | +0.0573% | 1h | $513K | $151K | 25x | as long as short |
| Lighter XLM | +0.174% | +0.0272% | 1h | $421K | $697K | 5x | as long as short |
| Variational Omni XLM | +0.222% | +0.0100% | 8h | $196K | $922K | — | as long as short |
| HTX XLM-USDT | +0.223% | +0.0100% | 8h | $193K | $269K | 20x | as long as short |
| edgeX XLMUSDC | +0.295% | +0.0100% | 4h | $11K | $296K | 10x | as long as short |
| Phoenix XLM | +0.320% | +0.0231% | 1h | $13K | $31K | 5x | as long as short |
| ApeX Omni XLMUSDT | +0.359% | +0.0100% | 1h | $166K | $244K | 50x | as long as short |
| BloFin XLM-USDT | +0.388% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.606% | +0.0400% | 1h | $265K | $1.4M | 50x | as long as short |