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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.01 per $10,000 · paid last 24h −0.027%
Price spread now: GMX against Kraken Futures0.000%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 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XLMUSD0.21190.0256pay 0.0032% / 1h51m 36s$2.6M$2.5M50x
ShortGMX XLM/USD [WBTC.b-USDC]0.2119L +0.0512% / S −0.0245%get 0.0031% / 1h51m 36s$39K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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
−$2.36
Price spread: 0.000% → 0.000%
−$0.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$24.37
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: 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 Kraken Futures live order book, 5 min ago3.77 bp10.1 bp −$1022.3 bp −$22382.9 bp −$8,290doesn't fit
Sell GMX no order-book sample
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 exchanges

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%1h0.2120+0.052%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.275%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.110%$371K$803K5xas long as short
Aster XLMUSDT+0.0100%8h0.2120+0.058%$562K$456K75xas long as short
Binance XLMUSDT+0.0100%8h0.2120+0.058%$54.8M$145.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2119−0.008%$44.0M$41.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120+0.030%$12.3M$42.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.012%$4.0M$6.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2119+0.006%$24.5M$27.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2119+0.006%$13.8M$8.7M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120+0.025%$26.1M$21.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.2120+0.021%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2120+0.049%$120K$302K20xas long as short
Variational Omni XLM+0.0100%8h0.2124+0.226%$255K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2121+0.085%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2120+0.057%$592K$530K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2121+0.077%$170K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120+0.040%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2120+0.054%$2K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2120+0.058%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120+0.030%$191K$244K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2120+0.054%$8.6M$8.6M50xas long as short
Extended XLM-USD+0.0104%1h0.2119−0.011%$190K$609K10xas long as short
Phoenix XLM+0.0150%1h0.2124+0.219%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2121+0.101%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSDlong+0.0256%1h0.2119long leg$2.6M$2.5M50x
Coinbase International XLM-PERP-INTX+0.0328%1h0.2130+0.493%$212K$1.4M50xas long as short
Hyperliquid XLM+0.0410%1h0.2122+0.157%$12.5M$5.6M5xas long as short
dYdX XLM-USD+0.0439%1h0.2119+0.010%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0505%1h0.2121+0.077%$526K$103K25xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0512% / S −0.0245%1h0.21190.000%$39K100x