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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h +0.008%
Price spread now: Bybit against dYdX+0.347%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 +$2 a day on $10k at the current rate, and Bybit is 0.347% dearer against dYdX than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21380.0045pay 0.0006% / 1h55m 01s$23K$2K10x
ShortBybit XLMUSDT0.21460.0100get 0.0100% / 8h3h 55m$43.4M$45.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against dYdX. 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
$11.55
Price spread: +0.347% → 0.000%
$34.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$25.22
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 4 min ago. 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 dYdX no order-book sample
Sell Bybit live order book, 4 min ago2.34 bp8.8 bp −$916.0 bp −$16058.7 bp −$5,874doesn't fit
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%1h0.2140+0.092%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.631%$683$241K12xas long as short
dYdX XLM-USDlong+0.0045%1h0.2138long leg$23K$2K10x
Lighter XLM+0.0096%1h0.2147+0.398%$372K$960K5xas long as short
Aster XLMUSDT+0.0100%8h0.2140+0.092%$569K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2147+0.388%$55.0M$156.2M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2146+0.347%$43.4M$45.8M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2146+0.356%$12.6M$42.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2145+0.314%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2147+0.384%$23.9M$26.8M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2145+0.328%$14.2M$9.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2146+0.333%$25.9M$21.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2146+0.365%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2137−0.064%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2136−0.093%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2136−0.125%$591K$600K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2137−0.084%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2141+0.118%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2139+0.043%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2144+0.263%$584$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2140+0.075%$198K$253K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2145+0.305%$9.1M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2145+0.288%$191K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2144+0.280%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0204%1h0.2148+0.454%$12.4M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2142+0.183%$2.3M$5.1M75xas long as short
Phoenix XLM+0.0225%1h0.2137−0.060%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2147+0.375%$240K$1.5M50xas long as short
Backpack XLM_USDC_PERP+0.0489%1h0.2146+0.356%$126K$290K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2140+0.059%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1011%1h0.2143+0.220%$532K$153K25xas long as short