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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0150%/8h= −16.4% APRnext payment $0.19 per $10,000 · paid last 24h −0.083%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.317%57s7-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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.317% cheaper against Hyperliquid than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XLM0.21340.0148pay 0.0018% / 1h50m 29s$12.3M$6.4M5x
ShortgTrade (Gains Network) XLM/USD0.2128L 0.0000% / S +0.0002%pay 0.0000% / 1h50m 29s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Hyperliquid. 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
−$31.45
Price spread: −0.317% → 0.000%
−$31.72
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$82.17
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; gTrade (Gains Network): 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 Hyperliquid live order book, 2 min ago0.23 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
dYdX XLM-USD0.0000%1h0.2134−0.024%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDshortL 0.0000% / S +0.0002%1h0.2128−0.317%$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125−0.436%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2135+0.052%$375K$875K5xas long as short
Binance XLMUSDT+0.0100%8h0.2134+0.005%$54.2M$153.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2134−0.028%$43.1M$45.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134−0.037%$12.8M$41.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2134−0.023%$4.0M$6.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2135+0.047%$24.2M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2135+0.037%$14.2M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2134−0.028%$25.3M$20.4M75xas long as short
BingX XLM-USDT+0.0100%8h0.2135+0.014%$7.2Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2131−0.150%$89K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2127−0.334%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125−0.436%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2130−0.199%$593K$597K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2126−0.394%$170K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2129−0.248%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2126−0.384%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2130−0.225%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2126−0.398%$196K$269K20xas long as short
Extended XLM-USD+0.0104%1h0.2134+0.009%$190K$1.7M10xas long as short
Aster XLMUSDT+0.0138%8h0.2137+0.119%$571K$631K75xas long as short
Hyperliquid XLMlong+0.0148%1h0.2134long leg$12.3M$6.4M5x
Phemex XLMUSDT+0.0163%8h0.2130−0.225%$9.0M$9.0M50xas long as short
Phoenix XLM+0.0187%1h0.2128−0.305%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2129−0.234%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2129−0.227%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2129−0.253%$235K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0502%1h0.2130−0.201%$529K$150K25xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0526% / S −0.0198%1h0.2127−0.324%$45K100xas long as short