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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0745%/8h= +81.6% APRpaid last 24h +0.009%
Price spread now: dYdX against Bybit+0.068%7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and dYdX is 0.068% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21420.0100pay 0.0100% / 8h7h 02m$44.4M$44.7M75x
ShortdYdX XLM-USD0.21430.0845get 0.0106% / 1h2m 33s$27K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bybit. 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
$156.43
Price spread: +0.068% → 0.000%
$6.8
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee dYdX: 5 bp × 2 orders
−$10
Net
$142.23
Costs to cover
0.210%
Break-even
0.6 days
Slippage unknown: Bybit: live order book, 1 min ago; dYdX: no order-book sample. 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 Bybit live order book, 1 min ago2.33 bp11.6 bp −$1217.9 bp −$17975.4 bp −$7,543doesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2144+0.116%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.794%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2147+0.238%$370K$933K5xas long as short
Aster XLMUSDT+0.0100%8h0.2145+0.161%$569K$545K75xas long as short
Binance XLMUSDT+0.0100%8h0.2143+0.051%$55.6M$156.1M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2142long leg$44.4M$44.7M75x
OKX XLM-USDT-SWAP+0.0100%8h0.21420.000%$12.3M$45.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2144+0.103%$4.0M$7.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2144+0.089%$24.4M$29.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2145+0.140%$13.9M$9.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2143+0.051%$26.1M$22.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2143+0.037%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2145+0.159%$121K$329K20xas long as short
Variational Omni XLM+0.0100%8h0.2141−0.040%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2141−0.062%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2143+0.053%$591K$548K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2140−0.112%$171K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2146+0.187%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2144+0.098%$2K$1.5M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2145+0.163%$584$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2144+0.098%$198K$189K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2145+0.121%$8.8M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2142+0.020%$191K$702K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2147+0.224%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2142−0.023%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2142+0.014%$215K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0336%1h0.2146+0.205%$2.6M$2.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0497% / S −0.0231%1h0.2144+0.092%$38K100xas long as short
Hyperliquid XLM+0.0557%1h0.2147+0.252%$12.4M$6.0M5xas long as short
dYdX XLM-USDshort+0.0845%1h0.2143+0.068%$27K$5K10x
Deribit XLM_USDC-PERPETUAL+0.0869%1h0.2147+0.247%$532K$110K25xas long as short