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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0376%/8h= +41.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.122%
Price spread now: Coinbase International against gTrade (Gains Network)−0.408%52s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.408% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.408% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 3.6 days of funding at the current rate (+$11 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2123L 0.0000% / S +0.0002%pay 0.0000% / 1h9m 26s$4K150x
ShortCoinbase International XLM-PERP-INTX0.21140.0376get 0.0047% / 1h9m 26s$219K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$78.88
Price spread: −0.408% → 0.000%
−$40.85
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$18.04
Costs to cover
0.200%
Break-even
5.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago3.06 bp12.6 bp −$1317.9 bp −$179doesn't fitdoesn'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%1h0.2123long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.114%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2126+0.143%$366K$944K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123+0.012%$562K$596K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.044%$54.4M$158.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122−0.003%$43.1M$46.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2124+0.049%$12.1M$44.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122−0.008%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2124+0.082%$24.6M$29.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122−0.003%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2124+0.049%$25.6M$22.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2124+0.044%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2119−0.157%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2122−0.042%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.031%$586K$562K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122−0.041%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126+0.162%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2122−0.032%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2125+0.138%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2125+0.119%$196K$220K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2125+0.110%$8.7M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2124+0.057%$189K$1.2M10xas long as short
Backpack XLM_USDC_PERP+0.0127%1h0.2126+0.143%$130K$342K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2122−0.050%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2123+0.016%$4K$50K5xas long as short
dYdX XLM-USD+0.0279%1h0.2122−0.033%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTXshort+0.0376%1h0.2114−0.408%$219K$1.6M50x
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2124+0.056%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0548%1h0.2126+0.139%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0603%1h0.2127+0.185%$12.2M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0974%1h0.2127+0.204%$527K$172K25xas long as short