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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0417%/8h= −45.7% APRpaid last 24h −0.056%
Price spread now: Gate against GMX−0.040%7-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 feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.040% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2123L +0.0517% / S −0.0193%pay 0.0065% / 1h39m 34s$44K100x
ShortGate XLM_USDT0.21220.0100get 0.0100% / 8h5h 39m$4.1M$6.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$87.56
Price spread: −0.040% → 0.000%
−$4
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$118.57
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Gate: 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 GMX no order-book sample
Sell Gate live order book, 4 min ago4.23 bp19.7 bp −$2046.7 bp −$467doesn'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%1h0.2123+0.002%$4K150xas long as short
Lighter XLM+0.0096%1h0.2124+0.040%$357K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2121−0.092%$54.4M$153.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2120−0.115%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120−0.120%$12.6M$41.6M50xas long as short
Gate XLM_USDTshort+0.0100%8h0.2122−0.040%$4.1M$6.7M75x
MEXC XLM_USDT+0.0100%8h0.2121−0.082%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121−0.092%$14.0M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2120−0.115%$25.5M$20.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2121−0.082%$7.0Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2124+0.031%$93K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2122−0.036%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2122−0.024%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.233%$589K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.205%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2124+0.054%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.002%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2124+0.045%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124+0.040%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123+0.026%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2120−0.132%$189K$1.8M10xas long as short
Aster XLMUSDT+0.0107%8h0.2124+0.064%$565K$624K75xas long as short
BloFin XLM-USDT+0.0220%8h0.2122−0.035%$2.3M$4.9M75xas long as short
dYdX XLM-USD+0.0242%1h0.2120−0.150%$23K$2K10xas long as short
Phoenix XLM+0.0264%1h0.2128+0.228%$5K$46K5xas long as short
Hyperliquid XLM+0.0448%1h0.2124+0.067%$12.3M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0463%1h0.2123−0.001%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2126+0.163%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0517% / S −0.0193%1h0.2123long leg$44K100x
Deribit XLM_USDC-PERPETUAL+0.0692%1h0.2125+0.101%$527K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125+0.101%$683$241K12xas long as short