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+0.0067%/8h= +7.4% APRpaid last 24h +0.009%
Price spread now: GMX against SunX+0.502%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.502% dearer against SunX than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLM-USDT0.21480.0100pay 0.0100% / 8h1h 30m$2K$1.7M20x
ShortGMX XLM/USD [WBTC.b-USDC]0.2159L +0.0316% / S −0.0167%get 0.0021% / 1h30m 54s$45K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$14.16
Price spread: +0.502% → 0.000%
$50.18
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$44.34
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 4 min ago; 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 SunX live order book, 4 min ago29.45 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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
Deribit XLM_USDC-PERPETUAL0.0000%1h0.2159+0.493%$536K$176K25xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2160+0.525%$4K150xas long as short
dYdX XLM-USD+0.0011%1h0.2163+0.666%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2158+0.446%$587K$804K75xas long as short
Binance XLMUSDT+0.0100%8h0.2155+0.321%$56.1M$150.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2155+0.307%$43.7M$43.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2153+0.200%$13.0M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2155+0.317%$4.1M$6.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2157+0.382%$26.0M$26.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2156+0.363%$14.5M$10.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2156+0.363%$25.8M$19.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2155+0.312%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2176+1.296%$299K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2169+0.937%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2170+0.991%$601K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2166+0.805%$174K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2158+0.447%$3K$2K10xas long as short
SunX XLM-USDTlong+0.0100%8h0.2148long leg$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2158+0.470%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2162+0.642%$200K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2158+0.456%$9.1M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2156+0.346%$193K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0218%1h0.2157+0.414%$102K$261K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2159+0.493%$2.4M$6.0M75xas long as short
Phoenix XLM+0.0221%1h0.2175+1.224%$5K$41K5xas long as short
Hyperliquid XLM+0.0292%1h0.2159+0.497%$12.3M$6.1M5xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0316% / S −0.0167%1h0.2159+0.502%$45K100x
Coinbase International XLM-PERP-INTX+0.0432%1h0.2163+0.703%$233K$1.5M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2033−5.371%$5K$238K12xas long as short
Lighter XLM+0.0504%1h0.2160+0.549%$418K$812K5xas long as short
Kraken Futures PF_XLMUSD+0.0506%1h0.2159+0.481%$2.6M$2.7M50xas long as short