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+0.0356%/8h= +39.0% APRpaid last 24h +0.094%
Price spread now: Coinbase International against Variational Omni+0.249%7-day average +0.116% · 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 4 days (all we have)+0.244%+$24 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.249%, 7d avg +0.116%
Together, before fees+0.115%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.133% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XLM0.20970.0100pay 0.0100% / 8h2h 30m$250K$1.3M
ShortCoinbase International XLM-PERP-INTX0.21020.0456get 0.0057% / 1h30m 43s$224K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$74.76
Price spread: +0.249% → +0.116%
$13.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$78.09
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Coinbase International: live order book, 3 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 Variational Omni RFQ quote, 3 min ago7.14 bpdoesn't fit16.7 bp −$167doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.33 bp12.7 bp −$1317.9 bp −$179doesn'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%1h0.2099+0.064%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.327%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2103+0.259%$351K$988K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100+0.158%$556K$629K75xas long as short
Binance XLMUSDT+0.0100%8h0.2101+0.160%$53.6M$161.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2099+0.063%$42.3M$47.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2100+0.139%$12.2M$43.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2099+0.082%$4.0M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2100+0.154%$24.4M$28.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2100+0.120%$13.8M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2099+0.106%$25.3M$22.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2100+0.120%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2099+0.111%$130K$314K20xas long as short
Variational Omni XLMlong+0.0100%8h0.2097long leg$250K$1.3M
edgeX XLMUSDC+0.0100%4h0.2100+0.112%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2103+0.263%$589K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2099+0.063%$168K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2099+0.087%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2098+0.039%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2099+0.092%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2101+0.178%$194K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2099+0.092%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2100+0.115%$188K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0144%1h0.2098+0.060%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0175%1h0.2100+0.154%$12.0M$6.5M5xas long as short
dYdX XLM-USD+0.0198%1h0.2101+0.166%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2099+0.092%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2109+0.545%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTXshort+0.0456%1h0.2102+0.249%$224K$1.6M50x
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0228%1h0.2098+0.056%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0846%1h0.2101+0.182%$521K$163K25xas long as short