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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.111%
Price spread now: Lighter against SoDEX+0.108%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.108% dearer against SoDEX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XLM-USD0.21310.0100pay 0.0013% / 1h18m 03s$581$6K5x
ShortLighter XLM0.21340.0096get 0.0012% / 1h18m 03s$369K$967K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.108% → 0.000%
$10.79
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$1.95
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 37 min ago. 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 Lighter live order book, 37 min ago6.10 bp18.1 bp −$1858.4 bp −$584doesn't fitdoesn't fit
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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2130−0.044%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.300%$683$241K12xas long as short
Lighter XLMshort+0.0096%1h0.2134+0.108%$369K$967K5x
Aster XLMUSDT+0.0100%8h0.2131−0.030%$567K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2134+0.100%$54.6M$155.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2133+0.061%$43.1M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134+0.103%$12.5M$42.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2130−0.042%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2133+0.075%$23.8M$27.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2133+0.061%$14.1M$9.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2133+0.080%$25.7M$21.4M75xas long as short
BingX XLM-USDT+0.0100%8h0.2133+0.084%$7.3Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2134+0.099%$128K$291K20xas long as short
Variational Omni XLM+0.0100%8h0.2134+0.127%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2136+0.230%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2136+0.225%$591K$600K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2135+0.155%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2132+0.028%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2128−0.155%$2K$1.6M20xas long as short
SoDEX XLM-USDlong+0.0100%1h0.2131long leg$581$6K5x
HTX XLM-USDT+0.0100%8h0.2130−0.070%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2132+0.023%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2131−0.019%$190K$1.8M10xas long as short
Hyperliquid XLM+0.0179%1h0.2135+0.174%$12.3M$6.2M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2133+0.070%$2.3M$5.1M75xas long as short
Phoenix XLM+0.0225%1h0.2137+0.253%$5K$46K5xas long as short
dYdX XLM-USD+0.0231%1h0.2129−0.111%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0265%1h0.2132+0.017%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2130−0.047%$236K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2130−0.064%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0923%1h0.2133+0.070%$529K$153K25xas long as short