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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Orderly against gTrade (Gains Network)+0.099%63s7-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 4 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 Orderly is 0.099% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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/USD0.2121L 0.0000% / S +0.0002%pay 0.0000% / 1h18m 20s$4K150x
ShortOrderly PERP_XLM_USDC_mythos0.21230.0100get 0.0050% / 4h2h 18m$3K$24710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$20.92
Price spread: +0.099% → 0.000%
$9.85
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$14.78
Costs to cover
0.160%
Break-even
2.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Orderly: 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 Orderly no order-book sample
gTrade (Gains Network) and Orderly: 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%1h0.2121long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.193%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2125+0.193%$372K$861K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123+0.099%$563K$492K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122+0.075%$54.9M$149.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122+0.051%$44.0M$42.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2123+0.113%$12.3M$43.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2123+0.080%$4.0M$7.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2124+0.136%$24.3M$28.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123+0.103%$13.8M$8.7M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2123+0.103%$25.9M$22.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2123+0.103%$6.8Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2121+0.009%$120K$317K20xas long as short
Variational Omni XLM+0.0100%8h0.2123+0.102%$255K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126+0.235%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.157%$586K$530K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2125+0.216%$170K$251K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2123+0.099%$3K$24710x
SunX XLM-USDT+0.0100%8h0.2123+0.089%$1K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123+0.117%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124+0.136%$189K$206K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122+0.075%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2123+0.087%$190K$627K10xas long as short
Phoenix XLM+0.0150%1h0.2125+0.198%$4K$47K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2123+0.108%$2.3M$5.3M75xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2123+0.099%$211K$1.4M50xas long as short
Hyperliquid XLM+0.0414%1h0.2125+0.198%$12.3M$5.6M5xas long as short
Kraken Futures PF_XLMUSD+0.0485%1h0.2123+0.112%$2.6M$2.4M50xas long as short
dYdX XLM-USD+0.0513%1h0.2121+0.015%$27K$5K10xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0550% / S −0.0272%1h0.2121−0.001%$42K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0881%1h0.2125+0.183%$526K$101K25xas long as short