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: Lighter against SunX+0.155%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1571.566% 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)−0.111%−$11 · spread now +0.155%, 7d avg +0.073%
Together, before fees−0.022%+ Points / potential airdropLighter: Season 3 · farm board−$2 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: Lighter is 0.082% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21250.0100pay 0.0100% / 8h1h 12m$2K$1.6M20x
ShortLighter XLM0.21290.0096get 0.0012% / 1h12m 44s$367K$947K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.155% → +0.073%
$8.22
Slippage, 4 orders
−$148.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$149.26
Costs to cover
1.566%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; Lighter: live order book, 27 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, 13 min ago29.34 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 27 min ago7.78 bp23.0 bp −$2359.3 bp −$593doesn'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%1h0.2124−0.057%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.019%$683$241K12xas long as short
Lighter XLMshort+0.0096%1h0.2129+0.155%$367K$947K5x
Aster XLMUSDT+0.0100%8h0.2127+0.060%$564K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2126+0.051%$54.6M$162.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2125+0.005%$43.1M$47.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2127+0.061%$12.2M$44.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2124−0.052%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2127+0.080%$24.9M$29.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2126+0.042%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2126+0.033%$25.5M$22.9M75xas long as short
BingX XLM-USDC+0.0100%8h0.2124−0.042%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2126+0.034%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2127+0.061%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2127+0.098%$596K$593K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2126+0.038%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2125−0.019%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2125long leg$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2125−0.009%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.052%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2125−0.028%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2125−0.024%$189K$1.5M10xas long as short
Backpack XLM_USDC_PERP+0.0217%1h0.2125−0.009%$130K$349K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2126+0.038%$2.3M$5.5M75xas long as short
dYdX XLM-USD+0.0261%1h0.2124−0.046%$23K$2K10xas long as short
Hyperliquid XLM+0.0261%1h0.2127+0.099%$12.1M$6.5M5xas long as short
Phoenix XLM+0.0263%1h0.2129+0.174%$4K$50K5xas long as short
Kraken Futures PF_XLMUSD+0.0332%1h0.2126+0.007%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2125−0.005%$222K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2124−0.059%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0927%1h0.2127+0.075%$527K$168K25xas long as short