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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.013%
Price spread now: dYdX against SunX−0.136%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.136% cheaper against SunX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21610.0100pay 0.0100% / 8h1h 29m$2K$1.7M20x
ShortdYdX XLM-USD0.21580.0014get 0.0002% / 1h29m 18s$23K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SunX. 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
−$18.09
Price spread: −0.136% → 0.000%
−$13.56
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$49.65
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; dYdX: 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 SunX live order book, 6 min ago29.45 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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%1h0.2163+0.093%$4K150xas long as short
dYdX XLM-USDshort+0.0014%1h0.2158−0.136%$23K$3K10x
Aster XLMUSDT+0.0100%8h0.2161+0.011%$588K$804K75xas long as short
Binance XLMUSDT+0.0100%8h0.2164+0.162%$56.2M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2162+0.088%$43.9M$43.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2162+0.074%$13.1M$42.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2163+0.093%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2162+0.065%$26.1M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2161+0.037%$14.5M$10.6M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2163+0.106%$25.8M$19.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2163+0.102%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2160−0.017%$297K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2169+0.367%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2158−0.133%$598K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2166+0.236%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2163+0.111%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2161long leg$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2162+0.088%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2161+0.037%$200K$273K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2162+0.083%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2163+0.094%$193K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0195%1h0.2155−0.273%$101K$261K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2161+0.032%$2.4M$6.0M75xas long as short
Phoenix XLM+0.0221%1h0.2162+0.046%$5K$41K5xas long as short
Hyperliquid XLM+0.0300%1h0.2163+0.093%$12.3M$6.1M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2162+0.073%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2159−0.088%$232K$1.5M50xas long as short
Lighter XLM+0.0456%1h0.2166+0.255%$419K$812K5xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2033−5.906%$5K$238K12xas long as short
Kraken Futures PF_XLMUSD+0.0505%1h0.2163+0.134%$2.6M$2.7M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0814%1h0.2165+0.190%$537K$176K25xas long as short