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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0884%/8h= −96.8% APRnext payment $1.10 per $10,000 · paid last 24h −0.175%
Price spread now: gTrade (Gains Network) against Deribit−0.161%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
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and gTrade (Gains Network) is 0.161% cheaper against Deribit than usual: you would sell low and buy high (−$16 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-PERPETUAL0.21230.0882pay 0.0110% / 1h51m 44s$526K$162K25x
ShortgTrade (Gains Network) XLM/USD0.2119L 0.0000% / S +0.0002%pay 0.0000% / 1h51m 44s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$185.63
Price spread: −0.161% → 0.000%
−$16.06
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$218.69
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 62 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 Deribit live order book, 62 min ago5.12 bp9.1 bp −$926.9 bp −$269doesn'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 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/USDshortL 0.0000% / S +0.0002%1h0.2119−0.161%$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.099%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2121−0.075%$372K$959K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119−0.174%$563K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2119−0.198%$54.1M$159.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2118−0.231%$42.9M$46.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2118−0.221%$12.4M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.193%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2119−0.198%$25.0M$27.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120−0.151%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2119−0.174%$25.5M$22.5M75xas long as short
BingX XLM-USDC+0.0100%8h0.2119−0.198%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2121−0.075%$125K$295K20xas long as short
Variational Omni XLM+0.0100%8h0.2121−0.083%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.198%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.057%$595K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2125+0.108%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120−0.137%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.207%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121−0.090%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.137%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2121−0.075%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2119−0.204%$190K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2121−0.068%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0153%1h0.2122−0.065%$12.1M$6.4M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2119−0.160%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0226%1h0.2118−0.236%$4K$49K5xas long as short
dYdX XLM-USD+0.0274%1h0.2119−0.164%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2120−0.118%$228K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2120−0.143%$39K100xas long as short
Deribit XLM_USDC-PERPETUALlong+0.0882%1h0.2123long leg$526K$162K25x