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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.038%
Price spread now: GMX against gTrade (Gains Network)−0.005%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2153L 0.0000% / S +0.0002%pay 0.0000% / 1h21m 06s$4K150x
ShortGMX XLM/USD [WBTC.b-USDC]0.2153L +0.0316% / S −0.0167%get 0.0021% / 1h21m 06s$45K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$35.09
Price spread: −0.005% → 0.000%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$12.62
Costs to cover
0.220%
Break-even
4.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and GMX: 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
Injective XLM/USDC PERP−0.5000%1h0.2157+0.173%$2K$241K12xas long as short
gTrade (Gains Network) XLM/USDlongL 0.0000% / S +0.0002%1h0.2153long leg$4K150x
dYdX XLM-USD+0.0096%1h0.2155+0.061%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2157+0.159%$578K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2153+0.006%$55.6M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2152−0.036%$43.7M$44.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2153−0.018%$13.0M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2153−0.027%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2153−0.008%$25.1M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2153−0.027%$14.4M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2153−0.008%$25.6M$19.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2153−0.018%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2154+0.010%$90K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2153−0.003%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2154+0.035%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2155+0.099%$596K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2155+0.066%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2153−0.013%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2153−0.022%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2152−0.036%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2153−0.018%$199K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2153−0.013%$9.0M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2152−0.042%$193K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2152−0.041%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0222%1h0.2161+0.340%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0316% / S −0.0167%1h0.2153−0.005%$45K100x
Hyperliquid XLM+0.0404%1h0.2155+0.085%$12.3M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0414%1h0.2153−0.023%$2.6M$2.6M50xas long as short
Lighter XLM+0.0440%1h0.2155+0.103%$403K$828K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2155+0.094%$230K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0633%1h0.2154+0.052%$535K$159K25xas long as short