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%Bybit → Hyperliquid · Perp–Perp
Best perp–perp spread+0.05%Bybit → Hyperliquid
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.16%$0.2065 – $0.2068

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
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 $0.2065$0.2065$0.2065-0.05% -0.004%$26.96M
Bybit logoBybitPerpetual · XLMUSDTPerpetual $0.2064$0.2065$0.2065-0.09% -0.003%$21.87M
OKX logoOKXPerpetual · XLM-USDT-SWAPPerpetual $0.2066$0.2066$0.2066-0.02% +0.030%$20.37M
Bitget logoBitgetPerpetual · XLMUSDTPerpetual $0.2065$0.2065$0.2065-0.07% +0.010%$9.99M
OKX logoOKXSpot · XLM-USDTSpot $0.2067$0.2067$0.2067+0.04% —$8.19M
KuCoin logoKuCoinPerpetual · XLMUSDTMPerpetual $0.2066$0.2066$0.2066-0.01% +0.030%$6.64M
Gate logoGateSpot · XLM_USDTSpot $0.2066$0.2067$0.2066+0.01% —$5.54M
Bybit logoBybitSpot · XLMUSDTSpot $0.2066$0.2067$0.2067+0.01% —$4.43M
KuCoin logoKuCoinSpot · XLM-USDTSpot $0.2066$0.2067$0.2067+0.01% —$2.44M
Hyperliquid logoHyperliquidPerpetual · XLMPerpetual $0.2066$0.2067$0.2067+0.01% +0.030%$2.14M
Gate logoGatePerpetual · XLM_USDTPerpetual $0.2065$0.2066$0.2065-0.04% +0.007%$1.93M
Bitget logoBitgetSpot · XLMUSDTSpot $0.2067$0.2067$0.2067+0.02% —$1.72M
Variational logoVariationalPerpetual · XLMPerpetual $0.2063$0.2067$0.2065-0.06% +0.030%$187.1K
HTX logoHTXPerpetual · XLM-USDTPerpetual $0.2064$0.2072$0.2068+0.08% +0.030%$136.0K
Binance logoBinancePerpetual · XLMUSDTPerpetual $0.2065$0.2065$0.2065-0.05% -0.004%—
Aster logoAsterPerpetual · XLMUSDTPerpetual $0.2066$0.2066$0.2066-0.02% +0.030%—
Binance logoBinanceSpot · XLMUSDTSpot $0.2066$0.2067$0.2067+0.01% ——
MEXC logoMEXCSpot · XLMUSDTSpot $0.2066$0.2067$0.2067+0.01% ——
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 Bybit perp at $0.2065 and the highest bid on OKX spot at $0.2067.

The widest XLM perpetual spread is between Bybit and Hyperliquid: long XLM on Bybit at $0.2065 and short on Hyperliquid at $0.2066 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 +0.033% 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 Gate and short the perpetual on Hyperliquid: -0.02% gross, -0.22% net, with +0.030% a day of funding on the short leg.

Spot–spot XLM arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.02% 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 Bybit → sell on Hyperliquid (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?

Bybit (perp) has the lowest XLM ask at $0.2065, and OKX (spot) the highest bid at $0.2067. 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 (Bybit now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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