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+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: SoDEX against gTrade (Gains Network)−0.062%54s7-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 feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.062% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). The two prices were read 54 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/USD0.2117L 0.0000% / S +0.0002%pay 0.0000% / 1h42m 20s$4K150x
ShortSoDEX XLM-USD0.21150.0100get 0.0013% / 1h42m 20s$576$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.062% → 0.000%
−$6.19
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$3.27
Costs to cover
0.180%
Break-even
8.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 SoDEX no order-book sample
gTrade (Gains Network) and SoDEX: 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/USDlongL 0.0000% / S +0.0002%1h0.2117long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.401%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2118+0.070%$365K$917K5xas long as short
Aster XLMUSDT+0.0100%8h0.2118+0.054%$561K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2117+0.028%$55.2M$161.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2116−0.034%$43.6M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2117+0.004%$12.1M$45.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2116−0.010%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2117+0.047%$24.7M$28.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117+0.042%$14.0M$9.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.21170.000%$25.6M$23.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2117+0.018%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2116−0.029%$129K$347K20xas long as short
Variational Omni XLM+0.0100%8h0.2116−0.017%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2118+0.054%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2118+0.080%$590K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2117+0.033%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2118+0.070%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2114−0.119%$2K$1.6M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2115−0.062%$576$6K5x
HTX XLM-USDT+0.0100%8h0.2117+0.018%$195K$219K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2115−0.057%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2115−0.055%$189K$976K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2116−0.043%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2119+0.113%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2117+0.028%$218K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0341%1h0.2115−0.063%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0440%1h0.2120+0.146%$12.1M$6.4M5xas long as short
dYdX XLM-USD+0.0450%1h0.2117+0.025%$23K$2K10xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0247%1h0.2116−0.021%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0648%1h0.2117+0.009%$525K$149K25xas long as short