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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0288%/8h= −31.5% APRnext payment $0.36 per $10,000 · paid last 24h −0.095%
Price spread now: SoDEX against Coinbase International+0.113%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
The price spread pays, funding is against you. SoDEX is 0.113% dearer against Coinbase International than usual: you sell high and buy low (spread +0.113% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XLM-PERP-INTX0.21170.0464pay 0.0058% / 1h52m 37s$233K$1.5M50x
ShortSoDEX XLM-USD0.21190.0176get 0.0022% / 1h52m 37s$2K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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
−$60.43
Price spread: +0.113% → 0.000%
$11.34
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$67.09
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; SoDEX: 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 Coinbase International live order book, 1 min ago4.95 bp10.7 bp −$1118.6 bp −$186doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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 30 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%1h0.2117+0.033%$4K150xas long as short
Lighter XLM+0.0096%1h0.2125+0.378%$357K$900K5xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.312%$54.3M$153.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122+0.241%$42.9M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122+0.260%$12.6M$41.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122+0.255%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2123+0.307%$23.3M$26.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123+0.279%$14.1M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2122+0.246%$25.4M$20.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122+0.260%$6.7Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2120+0.132%$87K$261K20xas long as short
Variational Omni XLM+0.0100%8h0.2120+0.158%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2113−0.165%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2114−0.114%$585K$617K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2110−0.317%$169K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2118+0.057%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2118+0.043%$2K$1.6M20xas long as short
HTX XLM-USDT+0.0100%8h0.2117+0.019%$195K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119+0.128%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2122+0.225%$189K$1.8M10xas long as short
Aster XLMUSDT+0.0110%8h0.2122+0.269%$567K$624K75xas long as short
SoDEX XLM-USDshort+0.0176%1h0.2119+0.113%$2K$6K5x
dYdX XLM-USD+0.0237%1h0.2122+0.228%$23K$2K10xas long as short
Phoenix XLM+0.0264%1h0.2115−0.076%$5K$46K5xas long as short
Hyperliquid XLM+0.0346%1h0.2124+0.364%$12.2M$6.1M5xas long as short
Kraken Futures PF_XLMUSD+0.0464%1h0.2119+0.119%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTXlong+0.0464%1h0.2117long leg$233K$1.5M50x
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0193%1h0.2118+0.039%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0883%1h0.2120+0.170%$526K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125+0.387%$683$241K12xas long as short