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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.030%
Price spread now: GMX against OKX−0.131%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
Funding pays, the price is against you. GMX is 0.131% cheaper against OKX than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 3.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XLM-USDT-SWAP0.21160.0100pay 0.0100% / 8h7h 38m$12.1M$45.0M50x
ShortGMX XLM/USD [WBTC.b-USDC]0.2113L +0.0516% / S −0.0247%get 0.0031% / 1h38m 47s$39K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$30.79
Price spread: −0.131% → 0.000%
−$13.14
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$4.35
Costs to cover
0.220%
Break-even
8.0 days
Slippage unknown: OKX: 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 OKX live order book, 5 min ago0.24 bp9.6 bp −$1018.8 bp −$188doesn't fitdoesn'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 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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2114−0.108%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.435%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2117+0.066%$365K$917K5xas long as short
Aster XLMUSDT+0.0100%8h0.2115−0.039%$561K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2114−0.091%$55.0M$161.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2114−0.085%$43.6M$46.6M75xas long as short
OKX XLM-USDT-SWAPlong+0.0100%8h0.2116long leg$12.1M$45.0M50x
Gate XLM_USDT+0.0100%8h0.2112−0.165%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2115−0.024%$24.6M$28.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2114−0.085%$13.9M$9.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2113−0.118%$25.5M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2113−0.142%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2114−0.095%$129K$347K20xas long as short
Variational Omni XLM+0.0100%8h0.2112−0.172%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114−0.065%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2116+0.015%$590K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2114−0.109%$169K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2115−0.038%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2112−0.203%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2114−0.109%$576$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2114−0.080%$195K$219K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2114−0.104%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2112−0.163%$188K$946K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2114−0.076%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2115−0.028%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2115−0.019%$218K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0341%1h0.2114−0.108%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0455%1h0.2116+0.014%$12.1M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0516% / S −0.0247%1h0.2113−0.131%$39K100x
dYdX XLM-USD+0.0734%1h0.2114−0.101%$23K$2K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0744%1h0.2116−0.005%$525K$148K25xas long as short