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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX+0.009%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.009%, 7d avg −0.055%
Together, before fees−0.040%−$4 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: Bybit is 0.065% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21060.0100pay 0.0100% / 8h7h 31m$2K$1.6M20x
ShortBybit XLMUSDT0.21060.0100get 0.0100% / 8h7h 31m$43.5M$46.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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: +0.009% → −0.055%
$6.5
Slippage, 4 orders
−$124.49
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$136.99
Costs to cover
1.435%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Bybit: live order book, 2 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 SunX live order book, 4 min ago29.53 bp46.6 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.37 bp10.5 bp −$1019.6 bp −$19659.1 bp −$5,913doesn'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%1h0.2106+0.032%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.912%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2110+0.195%$364K$919K5xas long as short
Aster XLMUSDT+0.0100%8h0.2109+0.149%$559K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2108+0.101%$54.8M$160.0M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2106+0.009%$43.5M$46.4M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2107+0.062%$12.1M$44.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2106+0.024%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2108+0.100%$24.3M$29.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2107+0.081%$13.9M$9.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2107+0.038%$25.4M$23.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2107+0.047%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2107+0.033%$129K$344K20xas long as short
Variational Omni XLM+0.0100%8h0.2113+0.349%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114+0.373%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2113+0.360%$589K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2116+0.494%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2108+0.104%$3K$24710xas long as short
SunX XLM-USDTlong+0.0100%8h0.2106long leg$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2107+0.038%$574$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2110+0.223%$195K$213K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2107+0.066%$8.6M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2107+0.050%$188K$888K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2111+0.228%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2117+0.518%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2112+0.290%$211K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0342%1h0.2107+0.035%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0475%1h0.2110+0.190%$12.1M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0247%1h0.2106+0.005%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0604%1h0.2109+0.128%$523K$145K25xas long as short
dYdX XLM-USD+0.1090%1h0.2106+0.004%$26K$5K10xas long as short