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−0.0518%/8h= −56.7% APRnext payment $0.65 per $10,000 · paid last 24h −0.084%
Price spread now: gTrade (Gains Network) against GMX−0.051%7-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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and gTrade (Gains Network) is 0.051% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2115L +0.0516% / S −0.0193%pay 0.0065% / 1h36m 41s$44K100x
ShortgTrade (Gains Network) XLM/USD0.2114L 0.0000% / S +0.0002%pay 0.0000% / 1h36m 41s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$108.78
Price spread: −0.051% → 0.000%
−$5.06
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$135.84
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and 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
dYdX XLM-USD0.0000%1h0.2116+0.068%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDshortL 0.0000% / S +0.0002%1h0.2114−0.051%$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.489%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2117+0.092%$358K$897K5xas long as short
Binance XLMUSDT+0.0100%8h0.2117+0.121%$53.8M$155.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117+0.111%$42.6M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119+0.182%$12.6M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2116+0.050%$4.0M$6.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2117+0.125%$23.7M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2116+0.078%$14.0M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2118+0.154%$25.1M$20.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2118+0.154%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2116+0.078%$88K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2115+0.025%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2115+0.035%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2116+0.048%$592K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2115+0.012%$169K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2114−0.031%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2112−0.130%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2115+0.007%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2118+0.158%$196K$269K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2115+0.017%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2117+0.130%$188K$1.8M10xas long as short
Aster XLMUSDT+0.0120%8h0.2117+0.099%$566K$631K75xas long as short
Hyperliquid XLM+0.0139%1h0.2118+0.144%$12.2M$6.4M5xas long as short
Phoenix XLM+0.0187%1h0.2116+0.064%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.925%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0383%1h0.2115+0.032%$2.6M$2.6M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0413%1h0.2114−0.021%$525K$150K25xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2116+0.045%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0516% / S −0.0193%1h0.2115long leg$44K100x