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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.4% APRpaid last 24h +0.008%
Price spread now: GMX against Bybit−0.005%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21630.0100pay 0.0100% / 8h7h 55m$43.9M$44.2M75x
ShortGMX XLM/USD [WBTC.b-USDC]0.2162L +0.0316% / S −0.0167%get 0.0021% / 1h55m 54s$45K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$14.16
Price spread: −0.005% → 0.000%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GMX: 6 bp × 2 orders
−$12
Net
−$9.3
Costs to cover
0.230%
Break-even
11.6 days
Slippage unknown: Bybit: live order book, 3 min ago; GMX: 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, 3 min ago2.32 bp12.4 bp −$1215.7 bp −$15756.0 bp −$5,601doesn't fit
Sell GMX no order-book sample
GMX: 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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.259%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2163+0.001%$4K150xas long as short
dYdX XLM-USD+0.0038%1h0.2162−0.046%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2169+0.283%$581K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2164+0.060%$55.8M$151.1M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2163long leg$43.9M$44.2M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2162−0.042%$13.1M$41.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2164+0.055%$4.1M$6.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2165+0.111%$24.9M$26.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2165+0.102%$14.4M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2165+0.092%$25.7M$19.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2164+0.051%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2163+0.028%$284K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2157−0.280%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2156−0.291%$597K$604K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2155−0.361%$173K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2163+0.018%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2165+0.125%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2165+0.088%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2164+0.060%$199K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2164+0.074%$9.0M$9.1M50xas long as short
Lighter XLM+0.0104%1h0.2167+0.194%$400K$836K5xas long as short
Extended XLM-USD+0.0104%1h0.2165+0.098%$193K$1.6M10xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2165+0.109%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2161−0.060%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0222%1h0.2157−0.277%$5K$42K5xas long as short
Hyperliquid XLM+0.0300%1h0.2167+0.194%$12.4M$6.2M5xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0316% / S −0.0167%1h0.2162−0.005%$45K100x
Backpack XLM_USDC_PERP+0.0319%1h0.2165+0.116%$89K$269K20xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2161−0.069%$230K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0860%1h0.2165+0.125%$537K$161K25xas long as short