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−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h +0.065%
Price spread now: Hyperliquid against dYdX+0.034%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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.034% dearer against dYdX than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21410.0207pay 0.0026% / 1h27m 32s$23K$2K10x
ShortHyperliquid XLM0.21410.0114get 0.0014% / 1h27m 32s$12.3M$6.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$19.39
Price spread: +0.034% → 0.000%
$3.44
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$34.95
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago0.23 bp6.2 bp −$6doesn't fitdoesn'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%1h0.2138−0.136%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.732%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2143+0.123%$370K$967K5xas long as short
Aster XLMUSDT+0.0100%8h0.2141−0.002%$569K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2142+0.044%$54.8M$155.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2140−0.026%$43.2M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2141+0.011%$12.6M$42.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2141+0.011%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2141−0.003%$23.7M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2140−0.050%$14.1M$9.7M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2140−0.036%$25.8M$21.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2141+0.034%$7.3Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2140−0.008%$96K$271K20xas long as short
Variational Omni XLM+0.0100%8h0.2143+0.115%$257K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2143+0.104%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2148+0.349%$597K$592K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2145+0.226%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2140−0.031%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2137−0.171%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2140−0.031%$583$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2142+0.053%$198K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2140−0.008%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2141+0.030%$191K$1.8M10xas long as short
Hyperliquid XLMshort+0.0114%1h0.2141+0.034%$12.3M$6.2M5x
dYdX XLM-USDlong+0.0207%1h0.2141long leg$23K$2K10x
BloFin XLM-USDT+0.0220%8h0.2148+0.357%$2.3M$5.1M75xas long as short
Phoenix XLM+0.0225%1h0.2145+0.217%$5K$46K5xas long as short
Kraken Futures PF_XLMUSD+0.0264%1h0.2140−0.031%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2145+0.207%$238K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2138−0.124%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0778%1h0.2142+0.039%$531K$153K25xas long as short