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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX−0.231%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2312.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)+0.303%+$30 · spread now −0.231%, 7d avg −0.048%
Together, before fees+0.210%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.183% cheaper against SunX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21260.0100pay 0.0100% / 8h5h 41m$2K$1.6M20x
ShortGate XLM_USDT0.21210.0100get 0.0100% / 8h5h 41m$4.1M$6.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.231% → −0.048%
−$18.27
Slippage, 4 orders
−$207.74
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$249.02
Costs to cover
2.307%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; Gate: live order book, 2 min ago.

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, 3 min ago64.28 bp82.3 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.23 bp19.7 bp −$2046.7 bp −$467doesn't fitdoesn't fit

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%1h0.2126+0.036%$4K150xas long as short
Lighter XLM+0.0096%1h0.2123−0.118%$357K$901K5xas long as short
Binance XLMUSDT+0.0100%8h0.2121−0.202%$54.4M$153.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122−0.174%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122−0.179%$12.6M$41.6M50xas long as short
Gate XLM_USDTshort+0.0100%8h0.2121−0.231%$4.1M$6.7M75x
MEXC XLM_USDT+0.0100%8h0.2122−0.183%$23.8M$26.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120−0.254%$14.0M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2122−0.179%$25.5M$20.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122−0.169%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2126+0.028%$93K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2114−0.544%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124−0.065%$12K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.099%$589K$598K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.071%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126+0.014%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2126long leg$2K$1.6M20x
HTX XLM-USDT+0.0100%8h0.2127+0.061%$196K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.066%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2122−0.166%$189K$1.8M10xas long as short
SoDEX XLM-USD+0.0111%1h0.2127+0.052%$2K$6K5xas long as short
Aster XLMUSDT+0.0112%8h0.2123−0.105%$565K$624K75xas long as short
dYdX XLM-USD+0.0214%1h0.2120−0.287%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2126+0.009%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2116−0.438%$5K$46K5xas long as short
Hyperliquid XLM+0.0439%1h0.2123−0.127%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0462%1h0.2127+0.067%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2125−0.014%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2126+0.009%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0691%1h0.2128+0.094%$528K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.033%$683$241K12xas long as short