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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0216%/8h= −23.7% APRpaid last 24h −0.050%
Price spread now: Orderly against GMX+0.121%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. Orderly is 0.121% dearer against GMX than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2166L +0.0316% / S −0.0167%pay 0.0040% / 1h46m 54s$45K100x
ShortOrderly PERP_XLM_USDC_mythos0.21690.0100get 0.0050% / 4h46m 54s$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$45.43
Price spread: +0.121% → 0.000%
$12.09
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$51.34
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample
Sell Orderly no order-book sample
GMX 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 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
Injective XLM/USDC PERP−0.5000%1h0.2040−5.834%$5K$238K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2167+0.028%$4K150xas long as short
dYdX XLM-USD+0.0013%1h0.2168+0.066%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2172+0.241%$582K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2175+0.407%$56.2M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2174+0.343%$44.2M$43.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2172+0.269%$13.2M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2169+0.102%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2175+0.403%$25.9M$26.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2175+0.375%$14.6M$10.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2173+0.315%$25.8M$19.2M75xas long as short
BingX XLM-USDT+0.0100%8h0.2174+0.356%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2171+0.199%$98K$265K20xas long as short
Variational Omni XLM+0.0100%8h0.2175+0.408%$258K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2170+0.181%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2171+0.195%$601K$633K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2175+0.398%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2169+0.121%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2166−0.036%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2169+0.139%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2169+0.102%$200K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2170+0.181%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2173+0.295%$194K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2169+0.139%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2169+0.135%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0316% / S −0.0167%1h0.2166long leg$45K100x
Kraken Futures PF_XLMUSD+0.0411%1h0.2170+0.155%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2169+0.139%$233K$1.5M50xas long as short
Hyperliquid XLM+0.0557%1h0.2173+0.329%$12.4M$6.1M5xas long as short
Lighter XLM+0.0616%1h0.2173+0.315%$420K$809K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0811%1h0.2170+0.176%$539K$160K25xas long as short