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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1008%/8h= +110.3% APRnext payment +$1.26 per $10,000 · paid last 24h +0.171%
Price spread now: Deribit against gTrade (Gains Network)+0.110%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 +$30 a day on $10k at the current rate, and Deribit is 0.110% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 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/USD0.2147L 0.0000% / S +0.0002%pay 0.0000% / 1h42m 58s$4K150x
ShortDeribit XLM_USDC-PERPETUAL0.21500.1008get 0.0126% / 1h42m 58s$533K$154K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$211.6
Price spread: +0.110% → 0.000%
$10.99
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$205.59
Costs to cover
0.170%
Break-even
0.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 11 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 Deribit live order book, 11 min ago5.12 bp8.6 bp −$918.1 bp −$181doesn'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%1h0.2147long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125−1.031%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2151+0.166%$378K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2148+0.036%$571K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2145−0.095%$55.0M$157.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2144−0.128%$43.4M$46.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2145−0.123%$12.6M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2148+0.026%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2148+0.049%$24.1M$27.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2148+0.040%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2145−0.104%$26.0M$21.9M75xas long as short
BingX XLM-USDC+0.0100%8h0.2146−0.053%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2142−0.234%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2144−0.157%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2148+0.017%$602K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2145−0.109%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2148+0.040%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2145−0.109%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2148+0.026%$585$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2148+0.026%$198K$254K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2147+0.007%$9.1M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2144−0.131%$191K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0184%1h0.2148+0.017%$2.6M$2.7M50xas long as short
dYdX XLM-USD+0.0203%1h0.2147−0.018%$23K$2K10xas long as short
Hyperliquid XLM+0.0210%1h0.2149+0.096%$12.4M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2150+0.156%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2148+0.035%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2151+0.170%$250K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0521% / S −0.0247%1h0.2147−0.017%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0690%1h0.2149+0.063%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUALshort+0.1008%1h0.2150+0.110%$533K$154K25x