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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0154%/8h= −16.9% APRpaid last 24h −0.006%
Price spread now: Variational Omni against dYdX−0.257%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.257% cheaper against dYdX than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21250.0254pay 0.0032% / 1h56m 11s$23K$2K10x
ShortVariational Omni XLM0.21190.0100get 0.0100% / 8h7h 56m$253K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$32.34
Price spread: −0.257% → 0.000%
−$25.73
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$68.07
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago7.08 bpdoesn't fit16.5 bp −$165doesn'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%1h0.2121−0.166%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.015%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2124−0.009%$366K$916K5xas long as short
Aster XLMUSDT+0.0100%8h0.2124−0.055%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.117%$54.8M$159.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121−0.173%$43.3M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2121−0.169%$12.1M$44.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2123−0.079%$3.9M$7.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.136%$24.4M$28.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122−0.140%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120−0.216%$25.5M$22.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2121−0.169%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122−0.145%$130K$344K20xas long as short
Variational Omni XLMshort+0.0100%8h0.2119−0.257%$253K$1.3M
edgeX XLMUSDC+0.0100%4h0.2119−0.245%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.142%$591K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2118−0.296%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2122−0.126%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2121−0.159%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122−0.136%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2122−0.112%$196K$213K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122−0.117%$8.7M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.140%$189K$1.1M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2127+0.086%$2.3M$5.5M75xas long as short
dYdX XLM-USDlong+0.0254%1h0.2125long leg$23K$2K10x
Phoenix XLM+0.0264%1h0.2122−0.112%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2122−0.140%$218K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0340%1h0.2122−0.120%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0501%1h0.2125+0.010%$12.2M$6.4M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121−0.182%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0787%1h0.2124−0.046%$527K$156K25xas long as short