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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate+0.209%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1591.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.209%, 7d avg +0.050%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.159% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XLM_USDT0.21500.0100pay 0.0100% / 8h7h 50m$4.1M$6.2M75x
ShortSunX XLM-USDT0.21550.0100get 0.0100% / 8h7h 50m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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
$0
Price spread: +0.209% → +0.050%
$15.88
Slippage, 4 orders
−$135.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$143.09
Costs to cover
1.590%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; SunX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago1.16 bp20.6 bp −$2131.1 bp −$311doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago29.56 bp76.2 bp −$76doesn't fitdoesn't fitdoesn't fit

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
Injective XLM/USDC PERP−0.5000%1h0.2157+0.316%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2153+0.120%$4K150xas long as short
dYdX XLM-USD+0.0060%1h0.2154+0.179%$23K$3K10xas long as short
Lighter XLM+0.0096%1h0.2154+0.177%$398K$837K5xas long as short
Aster XLMUSDT+0.0100%8h0.2158+0.343%$578K$688K75xas long as short
Binance XLMUSDT+0.0100%8h0.2152+0.075%$55.5M$151.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2151+0.056%$43.9M$44.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2151+0.047%$13.0M$41.4M50xas long as short
Gate XLM_USDTlong+0.0100%8h0.2150long leg$4.1M$6.2M75x
MEXC XLM_USDT+0.0100%8h0.2152+0.093%$24.8M$26.1M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2151+0.037%$14.3M$10.3M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2152+0.070%$25.5M$19.5M75xas long as short
BingX XLM-USDC+0.0100%8h0.2152+0.084%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2152+0.079%$89K$269K20xas long as short
Variational Omni XLM+0.0100%8h0.2158+0.370%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2160+0.475%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2164+0.644%$599K$604K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2160+0.474%$173K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2152+0.084%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2155+0.209%$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2151+0.056%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2152+0.102%$199K$257K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2152+0.102%$9.0M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2150−0.004%$196K$1.6M10xas long as short
Kraken Futures PF_XLMUSD+0.0184%1h0.2152+0.081%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2159+0.409%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0223%1h0.2162+0.572%$5K$42K5xas long as short
Hyperliquid XLM+0.0311%1h0.2155+0.200%$12.4M$6.2M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2153+0.116%$45K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0448%1h0.2152+0.074%$534K$162K25xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2162+0.535%$228K$1.5M50xas long as short