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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0181%/8h= −19.8% APRnext payment $0.23 per $10,000 · paid last 24h +0.005%
Price spread now: GMX against dYdX−0.114%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 4 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 −$5 a day on $10k at the current rate, and GMX is 0.114% cheaper against dYdX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21000.0425pay 0.0053% / 1h28m 52s$27K$5K10x
ShortGMX XLM/USD [WBTC.b-USDC]0.2098L +0.0510% / S −0.0245%get 0.0031% / 1h28m 52s$39K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$37.99
Price spread: −0.114% → 0.000%
−$11.45
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$71.44
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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 exchanges

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%1h0.2101+0.041%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.168%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2102+0.049%$369K$806K5xas long as short
Aster XLMUSDT+0.0100%8h0.2099−0.077%$556K$434K75xas long as short
Binance XLMUSDT+0.0100%8h0.2098−0.110%$54.3M$143.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2097−0.165%$43.4M$41.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2098−0.118%$12.2M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2098−0.123%$3.9M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2098−0.118%$24.2M$27.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2098−0.118%$13.9M$8.6M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2097−0.146%$25.6M$21.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2098−0.137%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2098−0.127%$119K$297K20xas long as short
Variational Omni XLM+0.0100%8h0.2100−0.022%$250K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2101+0.046%$12K$311K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101+0.017%$587K$521K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2101+0.030%$168K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2099−0.070%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2100−0.018%$2K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2099−0.080%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2102+0.049%$189K$242K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2099−0.070%$8.5M$8.4M50xas long as short
Extended XLM-USD+0.0104%1h0.2097−0.142%$187K$608K10xas long as short
Phoenix XLM+0.0150%1h0.2102+0.049%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2099−0.080%$2.3M$5.1M75xas long as short
Kraken Futures PF_XLMUSD+0.0258%1h0.2099−0.074%$2.5M$2.5M50xas long as short
Hyperliquid XLM+0.0295%1h0.2101+0.015%$12.3M$5.6M5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2102+0.073%$209K$1.3M50xas long as short
dYdX XLM-USDlong+0.0425%1h0.2100long leg$27K$5K10x
GMX XLM/USD [WBTC.b-USDC]shortL +0.0510% / S −0.0245%1h0.2098−0.114%$39K100x
Deribit XLM_USDC-PERPETUAL+0.0608%1h0.2100−0.008%$520K$103K25xas long as short