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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0637%/8h= −69.8% APRnext payment $0.80 per $10,000 · paid last 24h +0.020%
Price spread now: Lighter against dYdX+0.109%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.109% dearer against dYdX than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21160.0733pay 0.0092% / 1h8m 30s$27K$5K10x
ShortLighter XLM0.21190.0096get 0.0012% / 1h8m 30s$363K$748K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$133.77
Price spread: +0.109% → 0.000%
$10.93
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$132.84
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 29 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 Lighter live order book, 29 min ago5.95 bp27.5 bp −$2867.3 bp −$673doesn'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 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%1h0.2115−0.058%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.402%$683$241K12xas long as short
Lighter XLMshort+0.0096%1h0.2119+0.109%$363K$748K5x
Aster XLMUSDT+0.0100%8h0.2118+0.071%$562K$354K75xas long as short
Binance XLMUSDT+0.0100%8h0.2116−0.022%$54.8M$137.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2115−0.047%$43.8M$40.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2116−0.042%$12.2M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2116−0.023%$4.0M$6.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2116−0.014%$24.2M$27.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117+0.001%$14.0M$8.2M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2115−0.056%$26.0M$20.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2116−0.032%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2119+0.133%$119K$298K20xas long as short
Variational Omni XLM+0.0100%8h0.2117+0.020%$254K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120+0.162%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2119+0.106%$589K$495K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2119+0.133%$170K$250K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120+0.166%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2121+0.213%$2K$1.3M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119+0.114%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.185%$191K$236K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119+0.133%$8.6M$8.4M50xas long as short
Extended XLM-USD+0.0104%1h0.2115−0.059%$188K$602K10xas long as short
Phoenix XLM+0.0152%1h0.2120+0.166%$4K$45K5xas long as short
Kraken Futures PF_XLMUSD+0.0211%1h0.2120+0.166%$2.7M$2.4M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2122+0.260%$2.3M$5.1M75xas long as short
Hyperliquid XLM+0.0285%1h0.2117+0.043%$12.3M$4.2M5xas long as short
Coinbase International XLM-PERP-INTX+0.0368%1h0.2122+0.246%$200K$1.2M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0512% / S −0.0245%1h0.2119+0.122%$39K100xas long as short
dYdX XLM-USDlong+0.0733%1h0.2116long leg$27K$5K10x
Deribit XLM_USDC-PERPETUAL+0.0788%1h0.2121+0.223%$526K$104K25xas long as short