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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0077%/8h= +8.5% APRpaid last 24h +0.013%
Price spread now: KuCoin against dYdX+0.259%47s7-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 +$2 a day on $10k at the current rate, and KuCoin is 0.259% dearer against dYdX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21500.0023pay 0.0003% / 1h6m 55s$23K$3K10x
ShortKuCoin XLMUSDTM0.21560.0100get 0.0100% / 8h1h 06m$14.2M$10.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$16.21
Price spread: +0.259% → 0.000%
$25.95
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$20.16
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago1.16 bp16.6 bp −$1732.1 bp −$321118.8 bp −$11.9Kdoesn'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%1h0.2151+0.043%$4K150xas long as short
dYdX XLM-USDlong+0.0023%1h0.2150long leg$23K$3K10x
Aster XLMUSDT+0.0100%8h0.2155+0.211%$584K$816K75xas long as short
Binance XLMUSDT+0.0100%8h0.2156+0.283%$56.0M$151.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2156+0.278%$44.0M$44.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2156+0.259%$13.1M$42.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2155+0.213%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2158+0.348%$25.9M$26.7M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2156+0.259%$14.2M$10.5M75x
Bitget XLMUSDT+0.0100%8h0.2156+0.283%$25.7M$19.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2157+0.287%$7.0Mas long as short
Variational Omni XLM+0.0100%8h0.2159+0.413%$297K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2161+0.479%$12K$299K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2160+0.441%$601K$625K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2160+0.455%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2152+0.078%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2150−0.029%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2153+0.106%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2159+0.408%$199K$263K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2154+0.148%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2156+0.273%$193K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0156%1h0.2155+0.213%$101K$265K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2153+0.120%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0221%1h0.2159+0.394%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2151+0.033%$45K100xas long as short
Lighter XLM+0.0368%1h0.2158+0.339%$417K$813K5xas long as short
Hyperliquid XLM+0.0415%1h0.2157+0.301%$12.3M$6.1M5xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2156+0.255%$234K$1.6M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2026−5.781%$5K$238K12xas long as short
Kraken Futures PF_XLMUSD+0.0507%1h0.2154+0.165%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0633%1h0.2153+0.139%$534K$168K25xas long as short