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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.064%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$540.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.064%, 7d avg +0.025%
Together, before fees−0.078%−$8 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: Gate is 0.039% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLMUSDT0.21950.0100pay 0.0100% / 8h1h 43m$26.3M$18.8M75x
ShortGate XLM_USDT0.21970.0100get 0.0100% / 8h1h 43m$4.0M$6.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: +0.064% → +0.025%
$3.87
Slippage, 4 orders
−$27.23
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$50.36
Costs to cover
0.542%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 4 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 Bitget live order book, 5 min ago0.23 bp11.3 bp −$1117.1 bp −$17135.3 bp −$3,526doesn't fit
Sell Gate live order book, 4 min ago4.13 bp18.8 bp −$1936.7 bp −$367doesn'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%1h0.2197+0.078%$4K150xas long as short
dYdX XLM-USD+0.0015%1h0.2197+0.067%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2196+0.046%$597K$800K75xas long as short
Binance XLMUSDT+0.0100%8h0.2197+0.096%$57.3M$149.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2196+0.036%$44.7M$43.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2194−0.073%$13.4M$42.4M50xas long as short
Gate XLM_USDTshort+0.0100%8h0.2197+0.064%$4.0M$6.0M75x
MEXC XLM_USDT+0.0100%8h0.2197+0.082%$25.9M$25.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2194−0.046%$14.8M$10.6M75xas long as short
Bitget XLMUSDTlong+0.0100%8h0.2195long leg$26.3M$18.8M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2196+0.055%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2183−0.542%$314K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2180−0.670%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2183−0.576%$609K$622K10xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2200+0.219%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2197+0.096%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2199+0.159%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2198+0.123%$203K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2201+0.255%$9.3M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2195+0.001%$196K$1.6M10xas long as short
ApeX Omni XLMUSDT+0.0138%1h0.2180−0.706%$175K$256K50xas long as short
BloFin XLM-USDT+0.0220%8h0.2196+0.036%$2.4M$6.4M75xas long as short
Phoenix XLM+0.0221%1h0.2173−1.025%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0345% / S −0.0195%1h0.2197+0.087%$50K100xas long as short
Hyperliquid XLM+0.0363%1h0.2202+0.305%$12.5M$6.0M5xas long as short
Backpack XLM_USDC_PERP+0.0394%1h0.2201+0.260%$103K$254K20xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2200+0.200%$239K$1.6M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2156−1.786%$116$185K12xas long as short
Kraken Futures PF_XLMUSD+0.0497%1h0.2201+0.244%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0614%1h0.2200+0.232%$546K$174K25xas long as short
Lighter XLM+0.0680%1h0.2204+0.401%$427K$812K5xas long as short