Funding arb · Price arb /

XLM

all XLM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.031%

Price spread now: gTrade (Gains Network) against OKX+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.046% dearer against OKX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XLM-USDT-SWAP	0.2156	0.0100	pay 0.0100% / 8h	21m 59s	$13.0M	$41.7M	50x
Short	gTrade (Gains Network) XLM/USD	0.2157	L 0.0000% / S +0.0002%	pay 0.0000% / 1h	21m 59s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.046%Rate

Funding earned: −$21.41
Price spread: +0.046% → 0.000%: $4.59
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$36.82
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	0.23 bp	11.4 bp −$11	20.3 bp −$203	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XLM/USDC PERP	−0.5000%	1h	0.2158	+0.107%	$2K	$240K	12x	as long as short
gTrade (Gains Network) XLM/USDshort	L 0.0000% / S +0.0002%	1h	0.2157	+0.046%	$4K	—	150x
dYdX XLM-USD	+0.0098%	1h	0.2155	−0.056%	$23K	$3K	10x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2159	+0.137%	$579K	$752K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2157	+0.065%	$55.7M	$150.9M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2156	+0.019%	$43.8M	$44.0M	75x	as long as short
OKX XLM-USDT-SWAPlong	+0.0100%	8h	0.2156	long leg	$13.0M	$41.7M	50x
Gate XLM_USDT	+0.0100%	8h	0.2156	+0.005%	$4.1M	$6.3M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2157	+0.070%	$25.1M	$26.3M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2157	+0.056%	$14.5M	$10.4M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2156	0.000%	$25.6M	$19.3M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2156	+0.028%	—	$7.0M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2157	+0.056%	$90K	$270K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2156	+0.026%	$254K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2154	−0.058%	$12K	$300K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2160	+0.188%	$597K	$613K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2154	−0.074%	$173K	$257K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2157	+0.060%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2157	+0.042%	$2K	$1.7M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2157	+0.037%	$2K	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2159	+0.139%	$199K	$261K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2157	+0.056%	$9.0M	$9.1M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2156	−0.006%	$193K	$1.6M	10x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2156	+0.028%	$2.3M	$5.6M	75x	as long as short
Phoenix XLM	+0.0222%	1h	0.2161	+0.227%	$5K	$42K	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0316% / S −0.0167%	1h	0.2157	+0.066%	$45K	—	100x	as long as short
Kraken Futures PF_XLMUSD	+0.0413%	1h	0.2156	+0.033%	$2.6M	$2.6M	50x	as long as short
Hyperliquid XLM	+0.0414%	1h	0.2158	+0.107%	$12.3M	$6.1M	5x	as long as short
Lighter XLM	+0.0440%	1h	0.2158	+0.111%	$404K	$827K	5x	as long as short
Coinbase International XLM-PERP-INTX	+0.0448%	1h	0.2156	+0.009%	$231K	$1.5M	50x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0677%	1h	0.2159	+0.139%	$536K	$159K	25x	as long as short