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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0751%/8h= +82.2% APRnext payment +$0.94 per $10,000 · paid last 24h +0.143%
Price spread now: Deribit against dYdX+0.227%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 +$23 a day on $10k at the current rate, and Deribit is 0.227% dearer against dYdX than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21290.0219pay 0.0027% / 1h33m 08s$23K$2K10x
ShortDeribit XLM_USDC-PERPETUAL0.21330.0970get 0.0121% / 1h33m 08s$529K$153K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$157.71
Price spread: +0.227% → 0.000%
$22.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$163.38
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 31 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 Deribit live order book, 31 min ago1.65 bp5.1 bp −$514.1 bp −$141doesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2131+0.091%$4K150xas long as short
Lighter XLM+0.0096%1h0.2136+0.363%$359K$902K5xas long as short
Binance XLMUSDT+0.0100%8h0.2135+0.282%$54.6M$153.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2134+0.255%$43.2M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134+0.236%$12.6M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2130+0.086%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2135+0.278%$23.9M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2134+0.241%$14.1M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2134+0.255%$25.6M$21.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2134+0.246%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2135+0.307%$93K$265K20xas long as short
Variational Omni XLM+0.0100%8h0.2125−0.164%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2127−0.095%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2127−0.065%$589K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127−0.065%$170K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2131+0.114%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2131+0.128%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2134+0.255%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2130+0.067%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2135+0.288%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2132+0.181%$190K$1.8M10xas long as short
Aster XLMUSDT+0.0104%8h0.2133+0.192%$567K$623K75xas long as short
dYdX XLM-USDlong+0.0219%1h0.2129long leg$23K$2K10x
BloFin XLM-USDT+0.0220%8h0.2134+0.231%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2127−0.065%$5K$46K5xas long as short
Hyperliquid XLM+0.0452%1h0.2134+0.246%$12.3M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0460%1h0.2135+0.297%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2136+0.354%$241K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2131+0.102%$44K100xas long as short
Deribit XLM_USDC-PERPETUALshort+0.0970%1h0.2133+0.227%$529K$153K25x
Injective XLM/USDC PERP+0.1081%1h0.2125−0.168%$683$241K12xas long as short