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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0385%/8h= +42.1% APRnext payment +$0.48 per $10,000 · paid last 24h +0.109%
Price spread now: Coinbase International against dYdX+0.265%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 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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.265% dearer against dYdX than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21590.0063pay 0.0008% / 1h5m 31s$23K$2K10x
ShortCoinbase International XLM-PERP-INTX0.21650.0448get 0.0056% / 1h5m 31s$233K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$80.83
Price spread: +0.265% → 0.000%
$26.55
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$87.37
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago1.85 bp12.3 bp −$1217.6 bp −$176doesn't fitdoesn'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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.082%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2160+0.035%$4K150xas long as short
dYdX XLM-USDlong+0.0063%1h0.2159long leg$23K$2K10x
Lighter XLM+0.0096%1h0.2164+0.228%$398K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2160+0.070%$55.7M$150.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2160+0.034%$44.4M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2159+0.006%$13.1M$41.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2161+0.099%$4.1M$6.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2162+0.145%$25.1M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2160+0.048%$14.4M$10.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2160+0.043%$25.8M$19.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2161+0.094%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2160+0.057%$88K$260K20xas long as short
Variational Omni XLM+0.0100%8h0.2159+0.015%$283K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2166+0.315%$12K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2164+0.265%$610K$578K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2167+0.372%$174K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2160+0.057%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2157−0.063%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2160+0.080%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2161+0.085%$199K$257K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2162+0.127%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2160+0.044%$193K$1.7M10xas long as short
Aster XLMUSDT+0.0153%8h0.2161+0.105%$580K$619K75xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2162+0.140%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2167+0.386%$2.3M$5.3M75xas long as short
Phoenix XLM+0.0223%1h0.2163+0.177%$5K$42K5xas long as short
Coinbase International XLM-PERP-INTXshort+0.0448%1h0.2165+0.265%$233K$1.5M50x
Hyperliquid XLM+0.0532%1h0.2162+0.164%$12.6M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0620% / S −0.1271%1h0.2159+0.012%$174K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0630%1h0.2161+0.103%$536K$150K25xas long as short