ArbiLayer

XLM arbitrage

live

Live Stellar price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.11%Variational → OKX · Perp–Perp
Best perp–perp spread+0.05%Variational → OKX
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.22%$0.2067 – $0.2072

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$0.2069OKX logoOKX$0.207 +0.05%-0.11% +0.06%— +0.031%— LS Chart →
Bitget logoBitget$0.2069OKX logoOKX$0.207 +0.05%-0.11% +0.05%— +0.002%— LS Chart →
Variational logoVariational$0.2069KuCoin logoKuCoin$0.207 +0.04%-0.12% +0.06%— +0.069%— LS Chart →
Variational logoVariational$0.2069Hyperliquid logoHyperliquid$0.207 +0.04%-0.12% +0.05%— +0.069%— LS Chart →
Bitget logoBitget$0.2069KuCoin logoKuCoin$0.207 +0.03%-0.13% +0.05%— +0.040%— LS Chart →
Bitget logoBitget$0.2069Hyperliquid logoHyperliquid$0.207 +0.03%-0.13% +0.04%— +0.040%— LS Chart →
Variational logoVariational$0.2069Binance logoBinance$0.207 +0.03%-0.13% +0.02%— -0.016%— LS Chart →
MEXC logoMEXC$0.207OKX logoOKX$0.207 +0.03%-0.13% +0.04%— +0.046%— LS Chart →
Gate logoGate$0.207OKX logoOKX$0.207 +0.03%-0.13% +0.02%— -0.030%— LS Chart →
Variational logoVariational$0.2069Aster logoAster$0.207 +0.02%-0.14% +0.05%— +0.069%— LS Chart →
Bitget logoBitget$0.2069Binance logoBinance$0.207 +0.02%-0.14% +0.01%— -0.045%— LS Chart →
Variational logoVariational$0.2069MEXC logoMEXC$0.2069 +0.02%-0.14% +0.01%— -0.016%— LS Chart →
Bitget logoBitget$0.2069Aster logoAster$0.207 +0.02%-0.14% +0.03%— +0.040%— LS Chart →
Binance logoBinance$0.207OKX logoOKX$0.207 +0.02%-0.14% +0.03%— +0.046%— LS Chart →
Variational logoVariational$0.2069Gate logoGate$0.2069 +0.01%-0.15% +0.03%— +0.060%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

XLM price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · XLM_USDTPerpetual $0.2069$0.207$0.2069-0.03% -0.055%$29.24M
Bybit logoBybitPerpetual · XLMUSDTPerpetual $0.2069$0.207$0.207-0.02% -0.052%$21.71M
OKX logoOKXPerpetual · XLM-USDT-SWAPPerpetual $0.207$0.207$0.207+0.01% -0.008%$19.87M
Bitget logoBitgetPerpetual · XLMUSDTPerpetual $0.2069$0.2069$0.2069-0.05% -0.010%$9.65M
OKX logoOKXSpot · XLM-USDTSpot $0.2071$0.2071$0.2071+0.06% —$7.86M
KuCoin logoKuCoinPerpetual · XLMUSDTMPerpetual $0.207$0.207$0.207-0.01% +0.030%$6.52M
Gate logoGateSpot · XLM_USDTSpot $0.2071$0.2071$0.2071+0.05% —$5.15M
Bybit logoBybitSpot · XLMUSDTSpot $0.2071$0.2072$0.2072+0.07% —$4.36M
KuCoin logoKuCoinSpot · XLM-USDTSpot $0.2071$0.2072$0.2072+0.07% —$3.26M
Gate logoGatePerpetual · XLM_USDTPerpetual $0.2069$0.207$0.2069-0.03% +0.021%$1.93M
Hyperliquid logoHyperliquidPerpetual · XLMPerpetual $0.207$0.207$0.207+0.01% +0.030%$1.89M
Bitget logoBitgetSpot · XLMUSDTSpot $0.2071$0.2071$0.2071+0.05% —$1.35M
Variational logoVariationalPerpetual · XLMPerpetual $0.2065$0.2069$0.2067-0.14% -0.039%$224.6K
HTX logoHTXPerpetual · XLM-USDTPerpetual $0.2066$0.2073$0.207-0.02% +0.030%$138.5K
Binance logoBinancePerpetual · XLMUSDTPerpetual $0.207$0.207$0.207-0.02% -0.055%—
Aster logoAsterPerpetual · XLMUSDTPerpetual $0.207$0.207$0.207-0.01% +0.030%—
Binance logoBinanceSpot · XLMUSDTSpot $0.207$0.2071$0.2071+0.03% ——
MEXC logoMEXCSpot · XLMUSDTSpot $0.207$0.2071$0.2071+0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

XLM arbitrage explained

Right now Stellar (XLM) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.2069 and the highest bid on OKX spot at $0.2071.

The widest XLM perpetual spread is between Variational and OKX: long XLM on Variational at $0.2069 and short on OKX at $0.207 for +0.05% gross, or -0.11% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.031% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best XLM route is to buy spot on Binance and short the perpetual on OKX: -0.04% gross, -0.24% net, with -0.008% a day of funding on the short leg.

Spot–spot XLM arbitrage (buy on Binance, withdraw, deposit and sell on OKX) shows +0.01% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small XLM gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: XLM funding rates · XLM spread charts · Stellar price · arbitrage scanner for all coins.

Is there a XLM arbitrage opportunity right now?

The best XLM route right now is to buy on Variational → sell on OKX (Perp–Perp): +0.05% gross and -0.11% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest XLM?

Variational (perp) has the lowest XLM ask at $0.2069, and OKX (spot) the highest bid at $0.2071. Prices update every 15 seconds on this page.

How many exchanges list XLM?

ArbiLayer tracks 18 XLM markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage XLM without transferring coins?

Use two perpetual contracts: go long XLM on the cheaper exchange (Variational now) and short it on the more expensive one (OKX), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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