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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0150%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.082%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.125%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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.125% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2133L 0.0000% / S +0.0002%pay 0.0000% / 1h48m 58s$4K150x
ShortHyperliquid XLM0.21350.0151get 0.0019% / 1h48m 58s$12.3M$6.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$31.6
Price spread: +0.125% → 0.000%
$12.52
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$25.12
Costs to cover
0.190%
Break-even
1.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 4 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 gTrade (Gains Network) no order-book sample
Sell Hyperliquid live order book, 4 min ago0.23 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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
dYdX XLM-USD0.0000%1h0.2134+0.043%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDlongL 0.0000% / S +0.0002%1h0.2133long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125−0.362%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2134+0.074%$371K$879K5xas long as short
Binance XLMUSDT+0.0100%8h0.2136+0.173%$54.3M$153.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2136+0.158%$43.1M$45.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2136+0.153%$12.8M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2133+0.017%$4.0M$6.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2135+0.083%$24.2M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2133+0.022%$14.1M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2136+0.167%$25.4M$20.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2135+0.092%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2135+0.092%$89K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2127−0.261%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125−0.362%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2130−0.126%$593K$597K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2128−0.208%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2134+0.060%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2131−0.081%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2134+0.036%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2136+0.149%$197K$269K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2134+0.060%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2133+0.007%$190K$1.7M10xas long as short
Aster XLMUSDT+0.0138%8h0.2135+0.119%$570K$631K75xas long as short
Hyperliquid XLMshort+0.0151%1h0.2135+0.125%$12.3M$6.4M5x
Phoenix XLM+0.0187%1h0.2136+0.172%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.069%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0379%1h0.2134+0.052%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2136+0.163%$235K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0527% / S −0.0198%1h0.2133+0.003%$45K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0688%1h0.2135+0.088%$530K$150K25xas long as short