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−0.0416%/8h= −45.6% APRpaid last 24h −0.056%
Price spread now: KuCoin against GMX+0.060%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.060% dearer against GMX than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2118L +0.0516% / S −0.0193%pay 0.0065% / 1h53m 12s$44K100x
ShortKuCoin XLMUSDTM0.21190.0100get 0.0100% / 8h5h 53m$14.1M$9.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$87.39
Price spread: +0.060% → 0.000%
$6.04
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$105.34
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago1.18 bp20.0 bp −$2036.4 bp −$364doesn'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 30 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%1h0.2117−0.006%$4K150xas long as short
Lighter XLM+0.0096%1h0.2121+0.160%$357K$900K5xas long as short
Binance XLMUSDT+0.0100%8h0.2120+0.117%$54.2M$153.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2119+0.056%$42.8M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119+0.084%$12.6M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2118+0.018%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2120+0.117%$23.3M$26.6M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2119+0.060%$14.1M$9.9M75x
Bitget XLMUSDT+0.0100%8h0.2122+0.193%$25.4M$20.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2122+0.188%$7.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2120+0.094%$87K$261K20xas long as short
Variational Omni XLM+0.0100%8h0.2120+0.119%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2113−0.204%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2114−0.153%$585K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2110−0.355%$169K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2118+0.018%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2118+0.004%$2K$1.6M20xas long as short
HTX XLM-USDT+0.0100%8h0.2117−0.020%$195K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119+0.089%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2119+0.069%$188K$1.8M10xas long as short
Aster XLMUSDT+0.0108%8h0.2116−0.096%$566K$623K75xas long as short
SoDEX XLM-USD+0.0176%1h0.2119+0.075%$2K$6K5xas long as short
Phoenix XLM+0.0264%1h0.2115−0.114%$5K$46K5xas long as short
dYdX XLM-USD+0.0277%1h0.2113−0.198%$23K$2K10xas long as short
Hyperliquid XLM+0.0334%1h0.2118+0.032%$12.2M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0464%1h0.2119+0.080%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2117−0.039%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0516% / S −0.0193%1h0.2118long leg$44K100x
Deribit XLM_USDC-PERPETUAL+0.0883%1h0.2120+0.131%$526K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125+0.349%$683$241K12xas long as short