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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.023%
Price spread now: GMX against SoDEX−0.036%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
Funding pays, the price is against you. GMX is 0.036% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XLM-USD0.20990.0100pay 0.0013% / 1h31m 04s$572$6K5x
ShortGMX XLM/USD [WBTC.b-USDC]0.2098L +0.0515% / S −0.0228%get 0.0029% / 1h31m 04s$40K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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
$26.9
Price spread: −0.036% → 0.000%
−$3.62
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$3.28
Costs to cover
0.200%
Break-even
6.1 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell GMX no order-book sample
SoDEX and 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%1h0.2099−0.028%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.234%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2102+0.119%$351K$988K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100+0.031%$556K$629K75xas long as short
Binance XLMUSDT+0.0100%8h0.2099+0.017%$53.6M$161.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2099−0.010%$42.3M$47.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2100+0.033%$12.2M$43.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2099−0.024%$4.0M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2100+0.048%$24.4M$28.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2099−0.019%$13.8M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2099−0.019%$25.3M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2099+0.005%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2099+0.019%$130K$314K20xas long as short
Variational Omni XLM+0.0100%8h0.2105+0.289%$251K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2100+0.020%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2103+0.172%$589K$608K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2099−0.029%$168K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2099−0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2098−0.052%$2K$1.6M20xas long as short
SoDEX XLM-USDlong+0.0100%1h0.2099long leg$572$6K5x
HTX XLM-USDT+0.0100%8h0.2101+0.086%$194K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.20990.000%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2099+0.004%$188K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0144%1h0.2098−0.031%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0177%1h0.2101+0.071%$12.0M$6.5M5xas long as short
dYdX XLM-USD+0.0198%1h0.2101+0.074%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.20990.000%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2109+0.453%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2102+0.157%$224K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0515% / S −0.0228%1h0.2098−0.036%$40K100x
Deribit XLM_USDC-PERPETUAL+0.0846%1h0.2101+0.091%$521K$163K25xas long as short