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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h +0.008%
Price spread now: GRVT against dYdX−0.206%50s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.206% cheaper against dYdX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21240.0281pay 0.0035% / 1h44m 11s$23K$2K10x
ShortGRVT XLM_USDT_Perp0.21200.0100get 0.0100% / 8h4h 44m$591K$595K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$38.02
Price spread: −0.206% → 0.000%
−$20.63
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$77.65
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 14 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 GRVT live order book, 14 min ago2.59 bp12.1 bp −$1218.2 bp −$182doesn'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%1h0.2127+0.155%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.040%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2129+0.233%$372K$961K5xas long as short
Hyperliquid XLM+0.0100%1h0.2129+0.242%$12.2M$6.2M5xas long as short
Aster XLMUSDT+0.0100%8h0.2127+0.148%$566K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2129+0.245%$54.4M$154.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2128+0.191%$43.0M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2129+0.205%$12.5M$42.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127+0.129%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2128+0.186%$23.8M$26.7M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2128+0.176%$14.0M$9.7M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2128+0.176%$25.6M$21.2M75xas long as short
BingX XLM-USDT+0.0100%8h0.2128+0.200%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2129+0.219%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2120−0.190%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.228%$12K$306K10xas long as short
GRVT XLM_USDT_Perpshort+0.0100%8h0.2120−0.206%$591K$595K10x
ApeX Omni XLMUSDT+0.0100%1h0.2119−0.252%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128+0.181%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2122−0.106%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2128+0.162%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2127+0.134%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2128+0.195%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2127+0.147%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2124−0.017%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0225%1h0.2123−0.045%$5K$46K5xas long as short
Kraken Futures PF_XLMUSD+0.0265%1h0.2128+0.165%$2.6M$2.6M50xas long as short
dYdX XLM-USDlong+0.0281%1h0.2124long leg$23K$2K10x
Coinbase International XLM-PERP-INTX+0.0480%1h0.2127+0.148%$239K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2128+0.160%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1066%1h0.2130+0.280%$529K$153K25xas long as short