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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.106%
Price spread now: Lighter against gTrade (Gains Network)−0.003%131s7-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 airdropLighter: Season 3 · farm boardneeds 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: +$3 a day on $10k at the current rate. The two prices were read 131 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2125L 0.0000% / S +0.0002%pay 0.0000% / 1h54m 57s$4K150x
ShortLighter XLM0.21250.0096get 0.0012% / 1h54m 57s$372K$803K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$20.08
Price spread: −0.003% → 0.000%
−$0.33
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$9.75
Costs to cover
0.100%
Break-even
3.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 53 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 Lighter live order book, 53 min ago5.66 bp36.1 bp −$3675.9 bp −$759doesn'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 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/USDlongL 0.0000% / S +0.0002%1h0.2125long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125−0.013%$683$241K12xas long as short
Lighter XLMshort+0.0096%1h0.2125−0.003%$372K$803K5x
Aster XLMUSDT+0.0100%8h0.2123−0.107%$563K$456K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.158%$54.9M$146.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121−0.201%$44.1M$41.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2121−0.201%$12.3M$42.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122−0.149%$4.0M$6.5M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2123−0.116%$24.5M$27.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123−0.107%$13.8M$8.7M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120−0.234%$26.1M$21.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122−0.149%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2123−0.112%$120K$303K20xas long as short
Variational Omni XLM+0.0100%8h0.2124−0.062%$255K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126+0.051%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2126+0.057%$594K$539K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2129+0.194%$171K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123−0.107%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2124−0.069%$2K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123−0.126%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.064%$191K$244K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123−0.097%$8.7M$8.6M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.159%$190K$609K10xas long as short
Phoenix XLM+0.0150%1h0.2130+0.232%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2123−0.102%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0255%1h0.2122−0.142%$2.6M$2.5M50xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2130+0.204%$212K$1.4M50xas long as short
dYdX XLM-USD+0.0407%1h0.2123−0.086%$27K$5K10xas long as short
Hyperliquid XLM+0.0459%1h0.2125−0.017%$12.5M$5.7M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0512% / S −0.0245%1h0.2122−0.158%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0645%1h0.2124−0.036%$526K$103K25xas long as short