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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0217%/8h= −23.7% APRpaid last 24h −0.050%
Price spread now: edgeX against GMX−0.104%70s7-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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.104% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2163L +0.0317% / S −0.0167%pay 0.0040% / 1h26m 00s$45K100x
ShortedgeX XLMUSDC0.21610.0100get 0.0050% / 4h1h 26m$12K$298K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GMX. 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
−$45.47
Price spread: −0.104% → 0.000%
−$10.41
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$76.88
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 57 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 GMX no order-book sample
Sell edgeX live order book, 57 min ago1.16 bp6.0 bp −$668.4 bp −$684doesn't fitdoesn't fit
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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2163+0.011%$4K150xas long as short
dYdX XLM-USD+0.0013%1h0.2161−0.086%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2163+0.002%$586K$804K75xas long as short
Binance XLMUSDT+0.0100%8h0.2163+0.005%$56.2M$151.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2162−0.032%$44.0M$43.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2162−0.041%$13.1M$42.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2161−0.078%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2161−0.083%$26.1M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2162−0.064%$14.5M$10.6M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2162−0.037%$25.8M$19.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2162−0.055%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2160−0.132%$297K$1.2Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2161−0.104%$12K$298K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2165+0.075%$600K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2164+0.042%$173K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164+0.042%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2149−0.656%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2163−0.013%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2162−0.027%$200K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2163−0.023%$9.1M$9.2M50xas long as short
Extended XLM-USD+0.0104%1h0.2162−0.032%$193K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0190%1h0.2162−0.032%$102K$261K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2165+0.070%$2.4M$6.0M75xas long as short
Phoenix XLM+0.0221%1h0.2162−0.069%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0317% / S −0.0167%1h0.2163long leg$45K100x
Hyperliquid XLM+0.0323%1h0.2164+0.061%$12.3M$6.1M5xas long as short
Lighter XLM+0.0416%1h0.2165+0.102%$419K$812K5xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2165+0.098%$233K$1.5M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2035−5.922%$5K$238K12xas long as short
Kraken Futures PF_XLMUSD+0.0505%1h0.2163−0.022%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0582%1h0.2165+0.107%$537K$176K25xas long as short