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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%
Price spread now: SoDEX against dYdX+0.092%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 3 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 +$3 a day on $10k at the current rate, and SoDEX is 0.092% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21640.0007pay 0.0001% / 1h0m 47s$23K$3K10x
ShortSoDEX XLM-USD0.21660.0100get 0.0013% / 1h0m 47s$2K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$19.56
Price spread: +0.092% → 0.000%
$9.19
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$10.74
Costs to cover
0.180%
Break-even
3.2 days
Slippage unknown: dYdX: no order-book sample; SoDEX: 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 SoDEX no order-book sample
dYdX and SoDEX: 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%1h0.2165+0.059%$4K150xas long as short
dYdX XLM-USDlong+0.0007%1h0.2164long leg$23K$3K10x
Aster XLMUSDT+0.0100%8h0.2165+0.032%$591K$798K75xas long as short
Binance XLMUSDT+0.0100%8h0.2165+0.065%$56.2M$147.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2164+0.023%$43.9M$42.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2164−0.001%$13.1M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2165+0.055%$3.9M$6.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2165+0.073%$25.7M$25.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2164+0.027%$14.6M$10.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2165+0.036%$25.9M$18.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2164+0.023%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2166+0.115%$104K$237K20xas long as short
Variational Omni XLM+0.0100%8h0.2156−0.342%$239K$1.1Mas long as short
edgeX XLMUSDC+0.0100%4h0.2160−0.160%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2155−0.390%$599K$610K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2156−0.352%$173K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2166+0.101%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2161−0.111%$2K$1.7M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2166+0.092%$2K$6K5x
HTX XLM-USDT+0.0100%8h0.2163−0.042%$200K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2166+0.101%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2165+0.043%$193K$1.6M10xas long as short
Phoenix XLM+0.0187%1h0.2163−0.014%$5K$43K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2167+0.133%$2.4M$6.3M75xas long as short
Injective XLM/USDC PERP+0.0249%1h0.2156−0.361%$116$185K12xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0314% / S −0.0166%1h0.2166+0.083%$45K100xas long as short
Hyperliquid XLM+0.0393%1h0.2168+0.180%$12.3M$5.9M5xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2170+0.304%$231K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0545%1h0.2166+0.124%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0812%1h0.2168+0.212%$538K$170K25xas long as short
Lighter XLM+0.0824%1h0.2171+0.314%$426K$805K5xas long as short