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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Phemex−0.005%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XLMUSDT0.21540.0100pay 0.0100% / 8h20m 10s$9.0M$9.1M50x
ShortSoDEX XLM-USD0.21540.0100get 0.0013% / 1h20m 10s$2K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Phemex. 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
$0
Price spread: −0.005% → 0.000%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$20.46
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; 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 Phemex live order book, 4 min ago0.46 bp6.9 bp −$714.2 bp −$142doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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 PERP−0.5000%1h0.2157+0.158%$2K$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2153−0.023%$4K150xas long as short
dYdX XLM-USD+0.0093%1h0.2153−0.018%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2156+0.112%$578K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2154+0.005%$55.6M$151.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2153−0.028%$43.7M$44.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2153−0.042%$13.0M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2153−0.009%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2154+0.019%$25.0M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2153−0.014%$14.5M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2153−0.028%$25.6M$19.3M75xas long as short
BingX XLM-USDC+0.0100%8h0.21540.000%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2154−0.005%$90K$270K20xas long as short
Variational Omni XLM+0.0100%8h0.2153−0.018%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2154+0.020%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2155+0.084%$596K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2155+0.051%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2153−0.028%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2154+0.005%$2K$1.7M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2154−0.005%$2K$6K5x
HTX XLM-USDT+0.0100%8h0.2156+0.098%$199K$261K20xas long as short
Phemex XLMUSDTlong+0.0100%8h0.2154long leg$9.0M$9.1M50x
Extended XLM-USD+0.0104%1h0.2153−0.011%$193K$1.6M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2152−0.056%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0222%1h0.2161+0.325%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2153−0.018%$45K100xas long as short
Hyperliquid XLM+0.0402%1h0.2155+0.088%$12.3M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0414%1h0.2154+0.015%$2.6M$2.6M50xas long as short
Lighter XLM+0.0432%1h0.2156+0.102%$402K$828K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2155+0.079%$230K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0725%1h0.2155+0.074%$535K$159K25xas long as short