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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against OKX−0.265%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1411.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 3 days (all we have)+0.370%+$37 · spread now −0.265%, 7d avg +0.068%
Together, before fees+0.512%+$51 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.333% cheaper against OKX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XLM-USDT-SWAP0.21160.0100pay 0.0100% / 8h6h 38m$12.6M$41.7M50x
ShortSunX XLM-USDT0.21100.0100get 0.0100% / 8h6h 38m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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
Price spread: −0.265% → +0.068%
−$33.31
Slippage, 4 orders
−$122.8
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$174.11
Costs to cover
1.408%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; SunX: live order book, 7 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 OKX live order book, 1 min ago0.24 bp8.5 bp −$818.8 bp −$188doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago29.35 bp76.3 bp −$76doesn'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
dYdX XLM-USD0.0000%1h0.2114−0.096%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2112−0.189%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.444%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2112−0.189%$359K$892K5xas long as short
Binance XLMUSDT+0.0100%8h0.2114−0.053%$53.7M$155.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2114−0.076%$42.5M$46.3M75xas long as short
OKX XLM-USDT-SWAPlong+0.0100%8h0.2116long leg$12.6M$41.7M50x
Gate XLM_USDT+0.0100%8h0.2114−0.099%$4.0M$6.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2114−0.076%$23.7M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2114−0.057%$14.0M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2113−0.104%$25.1M$20.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2114−0.071%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2111−0.213%$88K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2115−0.020%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125+0.467%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2115−0.038%$592K$612K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2124+0.392%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2112−0.170%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2110−0.265%$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2111−0.217%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2115−0.024%$195K$269K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2112−0.189%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2114−0.081%$188K$1.8M10xas long as short
Aster XLMUSDT+0.0120%8h0.2113−0.110%$565K$633K75xas long as short
Hyperliquid XLM+0.0133%1h0.2115−0.038%$12.2M$6.4M5xas long as short
Phoenix XLM+0.0187%1h0.2116+0.019%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.879%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0383%1h0.2111−0.230%$2.5M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.21160.000%$232K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0508%1h0.2112−0.147%$524K$150K25xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0193%1h0.2111−0.209%$44K100xas long as short