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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0571%/8h= −62.6% APRnext payment $0.71 per $10,000 · paid last 24h −0.144%
Price spread now: dYdX against Deribit−0.033%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 5 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 −$17 a day on $10k at the current rate, and dYdX is 0.033% cheaper against Deribit 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XLM_USDC-PERPETUAL0.21240.0834pay 0.0104% / 1h42m 15s$527K$153K25x
ShortdYdX XLM-USD0.21240.0263get 0.0033% / 1h42m 15s$23K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Deribit. 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
−$120.01
Price spread: −0.033% → 0.000%
−$3.31
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$140.32
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 17 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 Deribit live order book, 17 min ago3.05 bp6.6 bp −$7doesn't fitdoesn't fitdoesn'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%1h0.2122−0.104%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.028%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2124+0.005%$371K$962K5xas long as short
Hyperliquid XLM+0.0100%1h0.2124−0.033%$12.2M$6.2M5xas long as short
Aster XLMUSDT+0.0100%8h0.2123−0.065%$564K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.098%$54.2M$154.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122−0.113%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2123−0.080%$12.4M$42.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122−0.094%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.104%$23.7M$26.7M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2123−0.075%$14.0M$9.7M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2122−0.089%$25.5M$21.2M75xas long as short
BingX XLM-USDT+0.0100%8h0.2123−0.075%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2123−0.061%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2120−0.202%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.240%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2123−0.042%$592K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122−0.137%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123−0.066%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2121−0.160%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122−0.113%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.014%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123−0.056%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.107%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2123−0.061%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0225%1h0.2123−0.056%$5K$46K5xas long as short
dYdX XLM-USDshort+0.0263%1h0.2124−0.033%$23K$2K10x
Kraken Futures PF_XLMUSD+0.0266%1h0.2122−0.116%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2125+0.038%$238K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2122−0.117%$39K100xas long as short
Deribit XLM_USDC-PERPETUALlong+0.0834%1h0.2124long leg$527K$153K25x