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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.5100%/8h= +558.5% APRnext payment +$6.38 per $10,000 · paid last 24h +0.068%
Price spread now: SoDEX against Injective+0.440%62s7-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
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and SoDEX is 0.440% dearer against Injective than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XLM/USDC PERP0.2157−0.5000get 0.0625% / 1h36m 04s$736$241K12x
ShortSoDEX XLM-USD0.21670.0100get 0.0013% / 1h36m 04s$2K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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
$1,071
Price spread: +0.440% → 0.000%
$44.04
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$1,107.02
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SoDEX: 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 Injective no order-book sample
Sell SoDEX no order-book sample
Injective and SoDEX: 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 PERPlong−0.5000%1h0.2157long leg$736$241K12x
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2165+0.370%$4K150xas long as short
dYdX XLM-USD+0.0036%1h0.2164+0.308%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2170+0.580%$400K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2167+0.479%$56.0M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2166+0.427%$44.2M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2166+0.427%$13.2M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2166+0.413%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2167+0.473%$25.0M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2166+0.427%$14.4M$10.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2167+0.445%$25.8M$19.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2167+0.445%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2167+0.459%$89K$269K20xas long as short
Variational Omni XLM+0.0100%8h0.2166+0.425%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2162+0.250%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2160+0.130%$609K$619K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2162+0.209%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2166+0.417%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2161+0.195%$2K$1.7M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2167+0.440%$2K$6K5x
HTX XLM-USDT+0.0100%8h0.2166+0.413%$200K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2167+0.450%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2166+0.434%$193K$1.6M10xas long as short
Aster XLMUSDT+0.0123%8h0.2166+0.436%$581K$689K75xas long as short
Kraken Futures PF_XLMUSD+0.0182%1h0.2167+0.441%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2165+0.352%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2161+0.195%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2165+0.381%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2165+0.389%$229K$1.5M50xas long as short
Hyperliquid XLM+0.0506%1h0.2169+0.566%$12.5M$6.2M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0812%1h0.2168+0.501%$538K$158K25xas long as short