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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0330%/8h= −36.1% APRnext payment $0.41 per $10,000 · paid last 24h −0.120%
Price spread now: gTrade (Gains Network) against Coinbase International−0.031%188s7-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 4 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 against this trade now: funding costs −$10 a day on $10k at the current rate, and gTrade (Gains Network) is 0.031% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 188 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XLM-PERP-INTX0.21020.0328pay 0.0041% / 1h28m 37s$209K$1.3M50x
ShortgTrade (Gains Network) XLM/USD0.2101L 0.0000% / S +0.0002%pay 0.0000% / 1h28m 37s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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
−$69.29
Price spread: −0.031% → 0.000%
−$3.14
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$92.43
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; gTrade (Gains Network): 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 Coinbase International live order book, 3 min ago4.52 bp14.6 bp −$1520.4 bp −$204doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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 exchanges

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/USDshortL 0.0000% / S +0.0002%1h0.2101−0.031%$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+1.094%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2101−0.057%$368K$806K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100−0.106%$557K$434K75xas long as short
Binance XLMUSDT+0.0100%8h0.2099−0.126%$54.3M$143.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2099−0.143%$43.5M$41.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2099−0.128%$12.2M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2099−0.128%$3.9M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2100−0.090%$24.2M$27.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2099−0.128%$13.9M$8.6M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2099−0.138%$25.6M$21.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2099−0.143%$6.8Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2098−0.200%$119K$297K20xas long as short
Variational Omni XLM+0.0100%8h0.2100−0.095%$250K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2101−0.026%$12K$311K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101−0.056%$587K$521K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2101−0.043%$168K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2099−0.143%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2100−0.090%$2K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2099−0.152%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2102−0.024%$189K$242K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2099−0.143%$8.5M$8.4M50xas long as short
Extended XLM-USD+0.0104%1h0.2099−0.152%$187K$608K10xas long as short
Phoenix XLM+0.0150%1h0.2102−0.024%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2099−0.152%$2.3M$5.1M75xas long as short
Kraken Futures PF_XLMUSD+0.0258%1h0.2099−0.146%$2.5M$2.5M50xas long as short
Hyperliquid XLM+0.0295%1h0.2101−0.057%$12.3M$5.6M5xas long as short
Coinbase International XLM-PERP-INTXlong+0.0328%1h0.2102long leg$209K$1.3M50x
dYdX XLM-USD+0.0425%1h0.2100−0.073%$27K$5K10xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0510% / S −0.0245%1h0.2098−0.187%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0608%1h0.2100−0.081%$520K$103K25xas long as short