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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0393%/8h= −43.0% APRpaid last 24h −0.079%
Price spread now: KuCoin against GMX+0.005%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2127L +0.0493% / S −0.0229%pay 0.0062% / 1h20m 39s$38K100x
ShortKuCoin XLMUSDTM0.21270.0100get 0.0100% / 8h7h 20m$14.0M$9.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$82.52
Price spread: +0.005% → 0.000%
$0.52
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$106
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 8 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 GMX no order-book sample
Sell KuCoin live order book, 8 min ago0.95 bp21.3 bp −$2139.0 bp −$390doesn't fitdoesn't fit
GMX: 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/USDL 0.0000% / S +0.0002%1h0.2124−0.142%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.075%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2128+0.076%$367K$929K5xas long as short
Aster XLMUSDT+0.0100%8h0.2126−0.036%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2127+0.029%$55.2M$159.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2126−0.028%$44.0M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2126−0.014%$12.2M$45.5M50xas long as short
Gate XLM_USDT+0.0100%8h0.2126−0.023%$4.0M$7.4M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2127+0.038%$24.0M$29.2M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2127+0.005%$14.0M$9.0M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.21270.000%$25.7M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2127−0.004%$7.3Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2129+0.090%$130K$342K20xas long as short
Variational Omni XLM+0.0100%8h0.2126−0.019%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119−0.377%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.234%$590K$558K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2120−0.329%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128+0.066%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.178%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2128+0.062%$580$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124−0.098%$196K$202K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.029%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2126−0.036%$189K$810K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2129+0.095%$2.4M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2125−0.056%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2126−0.014%$212K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0339%1h0.2128+0.074%$2.6M$2.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0493% / S −0.0229%1h0.2127long leg$38K100x
Hyperliquid XLM+0.0506%1h0.2128+0.066%$12.2M$6.3M5xas long as short
dYdX XLM-USD+0.0939%1h0.2124−0.137%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.1019%1h0.2130+0.146%$528K$135K25xas long as short