After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.081%7d average+0.041%fees + slippage, in and out−$45spread needed0.449%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2077 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $13.8M | $9.1M | 75x |
| Short | Hyperliquid XLM | 0.2078 | 0.0152 | get 0.0019% / 1h | 34m 22s | $11.2M | $5.1M | 5x |
KuCoin XLMUSDTM
Hyperliquid XLMPrice 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
- $8.09
- Funding while held
- $1.57
- Slippage, 4 orders
- −$23.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$35.22
- Spread needed to break even
- 0.449%
Slippage from KuCoin: live order book, 11 min ago; Hyperliquid: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.57
- 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, 11 min ago | 0.72 bp | 16.5 bp −$17 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.24 bp | 7.6 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.Injective0.1966cheapest
Bybit0.2076+5.605%Gate0.2076+5.610%Extended0.2076+5.613%Bitget0.2076+5.615%OKX0.2077+5.621%
Injective
Bybit
Gate
Extended
Bitget
OKXKuCoin0.2077+5.626%
SoDEX0.2077+5.626%MEXC0.2077+5.646%BingX0.2077+5.646%Orderly0.2077+5.646%Kraken Futures0.2077+5.649%SunX0.2077+5.661%Binance0.2077+5.667%Deribit0.2078+5.697%
SoDEX
MEXC
BingX
Orderly
Kraken Futures
SunX
Binance
DeribitHyperliquid0.2078+5.711%
Aster0.2080+5.778%dYdX0.2081+5.825%GMX0.2081+5.852%Backpack0.2081+5.855%HTX0.2081+5.855%gTrade (Gains Network)0.2081+5.869%BloFin0.2082+5.880%Coinbase International0.2082+5.885%ApeX Omni0.2082+5.900%Phoenix0.2082+5.900%Phemex0.2082+5.900%Lighter0.2082+5.910%Variational Omni0.2085+6.057%edgeX0.2086+6.085%
Aster
dYdX
GMX
Backpack
HTX
gTrade (Gains Network)
BloFin
Coinbase International
ApeX Omni
Phoenix
Phemex
Lighter
Variational OmniXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.326% | +0.0033% | 1h | $786 | $126K | 12x | as long as short |
| Bybit XLMUSDT | −0.019% | +0.0100% | 8h | $40.5M | $33.4M | 75x | as long as short |
| Gate XLM_USDT | −0.014% | +0.0100% | 8h | $3.6M | $5.9M | 75x | as long as short |
| Extended XLM-USD | −0.012% | +0.0104% | 1h | $138K | $1.3M | 10x | as long as short |
| Bitget XLMUSDT | −0.010% | +0.0100% | 8h | $24.3M | $15.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.005% | +0.0100% | 8h | $11.2M | $31.5M | 50x | as long as short |
| KuCoin XLMUSDTMlong | 0.000% | +0.0100% | 8h | $13.8M | $9.1M | 75x | |
| SoDEX XLM-USD | 0.000% | +0.0100% | 1h | $439 | $5K | 5x | as long as short |
| MEXC XLM_USDT | +0.019% | +0.0100% | 8h | $25.0M | $21.6M | 300x | as long as short |
| BingX XLM-USDT | +0.019% | +0.0100% | 8h | — | $6.1M | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_XLM_USDC_mythos | +0.019% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.023% | +0.0208% | 1h | $2.3M | $2.1M | 50x | as long as short |
| SunX XLM-USDT | +0.034% | +0.0100% | 8h | $2K | $1.5M | 20x | as long as short |
| Binance XLMUSDT | +0.039% | +0.0100% | 8h | $50.4M | $125.3M | 75x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.067% | +0.0376% | 1h | $518K | $171K | 25x | as long as short |
| Hyperliquid XLMshort | +0.081% | +0.0152% | 1h | $11.2M | $5.1M | 5x | |
| Aster XLMUSDT | +0.144% | +0.0100% | 8h | $560K | $1.1M | 75x | as long as short |
| dYdX XLM-USD | +0.188% | +0.0294% | 1h | $24K | $1K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.215% | L +0.0335% / S −0.0204% | 1h | $42K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.217% | +0.0100% | 1h | $100K | $183K | 20x | as long as short |
| HTX XLM-USDT | +0.217% | +0.0100% | 8h | $194K | $357K | 20x | as long as short |
| gTrade (Gains Network) XLM/USD | +0.231% | L 0.0000% / S +0.0002% | 1h | $8K | — | 150x | as long as short |
| BloFin XLM-USDT | +0.241% | +0.0220% | 8h | $2.2M | $5.4M | 75x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.246% | +0.0336% | 1h | $269K | $1.3M | 50x | as long as short |
| ApeX Omni XLMUSDT | +0.260% | +0.0100% | 1h | $167K | $242K | 50x | as long as short |
| Phoenix XLM | +0.260% | +0.0153% | 1h | $13K | $33K | 5x | as long as short |
| Phemex XLMUSDT | +0.260% | +0.0100% | 8h | $8.6M | $8.8M | 50x | as long as short |
| Lighter XLM | +0.270% | +0.0448% | 1h | $467K | $653K | 5x | as long as short |
| Variational Omni XLM | +0.408% | +0.0100% | 8h | $259K | $315K | — | as long as short |
| edgeX XLMUSDC | +0.435% | +0.0100% | 4h | $14K | $287K | 10x | as long as short |