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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.110%
Price spread now: SunX against Lighter−0.076%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.076%, 7d avg −0.073%
Together, before fees−0.058%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21190.0096pay 0.0012% / 1h43m 29s$355K$931K5x
ShortSunX XLM-USDT0.21170.0100get 0.0100% / 8h1h 43m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter. 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
$0.84
Price spread: −0.076% → −0.073%
−$0.24
Slippage, 4 orders
−$156.36
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$163.77
Costs to cover
1.644%
Break-even
1371.7 days
Slippage from Lighter: live order book, 62 min ago; SunX: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 62 min ago7.33 bp19.3 bp −$1952.7 bp −$527doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago29.44 bp77.3 bp −$77doesn't fitdoesn't fitdoesn't fit

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%1h0.2120+0.032%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.288%$683$241K12xas long as short
Lighter XLMlong+0.0096%1h0.2119long leg$355K$931K5x
Aster XLMUSDT+0.0100%8h0.2120+0.039%$562K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2121+0.120%$54.5M$163.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2119+0.005%$42.9M$47.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120+0.033%$12.2M$44.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.009%$3.9M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121+0.090%$24.9M$28.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120+0.057%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2119+0.028%$25.5M$23.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2120+0.061%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2112−0.319%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2117−0.108%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2116−0.146%$593K$615K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2118−0.028%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2121+0.099%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2117−0.076%$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2117−0.071%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.066%$195K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2118−0.052%$8.7M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2120+0.036%$188K$1.7M10xas long as short
Backpack XLM_USDC_PERP+0.0181%1h0.2118−0.028%$129K$329K20xas long as short
dYdX XLM-USD+0.0197%1h0.2117−0.113%$23K$2K10xas long as short
Hyperliquid XLM+0.0202%1h0.2122+0.123%$12.1M$6.6M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2120+0.038%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0263%1h0.21190.000%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0333%1h0.2119−0.013%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2118−0.052%$220K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2120+0.044%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0978%1h0.2120+0.052%$525K$168K25xas long as short