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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0909%/8h= +99.5% APRpaid last 24h +0.141%
Price spread now: Deribit against Orderly+0.065%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Deribit is 0.065% dearer against Orderly than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XLM_USDC_mythos0.21460.0100pay 0.0050% / 4h3h 48m$3K$2K10x
ShortDeribit XLM_USDC-PERPETUAL0.21470.1009get 0.0126% / 1h48m 04s$533K$154K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Orderly. 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
$190.89
Price spread: +0.065% → 0.000%
$6.52
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$184.41
Costs to cover
0.130%
Break-even
0.2 days
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Deribit live order book, 6 min ago5.12 bp8.6 bp −$918.1 bp −$181doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2144−0.072%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.979%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2148+0.093%$377K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2145−0.051%$570K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.21460.000%$55.0M$156.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2145−0.047%$43.4M$45.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2145−0.028%$12.6M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2145−0.042%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2146−0.009%$24.0M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2145−0.051%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2145−0.023%$26.0M$21.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2145−0.042%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2146+0.006%$257K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2146+0.010%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2147+0.056%$594K$605K10xas long as short
Orderly PERP_XLM_USDC_mythoslong+0.0100%4h0.2146long leg$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2145−0.070%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2145−0.051%$584$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2148+0.084%$198K$253K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2145−0.037%$9.1M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2145−0.062%$191K$1.8M10xas long as short
dYdX XLM-USD+0.0153%1h0.2148+0.085%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0184%1h0.2146−0.008%$2.6M$2.7M50xas long as short
ApeX Omni XLMUSDT+0.0194%1h0.2148+0.075%$172K$258K50xas long as short
Hyperliquid XLM+0.0211%1h0.2147+0.051%$12.4M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2143−0.158%$2.3M$5.3M75xas long as short
Phoenix XLM+0.0225%1h0.2141−0.228%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2148+0.103%$249K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2144−0.110%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0700%1h0.2146+0.005%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUALshort+0.1009%1h0.2147+0.065%$533K$154K25x