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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Bybit against gTrade (Gains Network)+0.026%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 +$3 a day on $10k at the current rate, and Bybit is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2121L 0.0000% / S +0.0002%pay 0.0000% / 1h11m 00s$4K150x
ShortBybit XLMUSDT0.21210.0100get 0.0100% / 8h11m 00s$43.1M$46.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against gTrade (Gains Network). 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
$20.92
Price spread: +0.026% → 0.000%
$2.59
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$2.52
Costs to cover
0.210%
Break-even
6.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bybit: live order book, 3 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 gTrade (Gains Network) no order-book sample
Sell Bybit live order book, 3 min ago2.36 bp8.4 bp −$817.1 bp −$17169.3 bp −$6,931doesn't fit
gTrade (Gains Network): 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/USDlongL 0.0000% / S +0.0002%1h0.2121long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.210%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2124+0.177%$366K$944K5xas long as short
Aster XLMUSDT+0.0100%8h0.2121+0.027%$562K$596K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122+0.081%$54.4M$158.6M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2121+0.026%$43.1M$46.2M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2122+0.078%$12.1M$44.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121+0.007%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122+0.054%$24.6M$29.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121+0.040%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2121+0.021%$25.5M$22.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122+0.045%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2119−0.065%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120−0.020%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.144%$587K$562K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122+0.087%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2121+0.021%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2120−0.021%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121+0.026%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2122+0.068%$196K$220K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122+0.064%$8.7M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2121+0.018%$190K$1.2M10xas long as short
Backpack XLM_USDC_PERP+0.0124%1h0.2122+0.068%$130K$342K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2122+0.045%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2123+0.111%$4K$50K5xas long as short
dYdX XLM-USD+0.0275%1h0.2121+0.007%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2114−0.314%$219K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121+0.015%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0549%1h0.2122+0.071%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0600%1h0.2124+0.172%$12.1M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0882%1h0.2123+0.101%$526K$172K25xas long as short