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−0.0417%/8h= −45.7% APRpaid last 24h −0.054%
Price spread now: SunX against GMX−0.083%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 −$13 a day on $10k at the current rate, and SunX is 0.083% cheaper against GMX than usual: you would sell low and buy high (−$8 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]0.2126L +0.0517% / S −0.0193%pay 0.0065% / 1h13m 57s$44K100x
ShortSunX XLM-USDT0.21240.0100get 0.0100% / 8h6h 13m$3K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$87.6
Price spread: −0.083% → 0.000%
−$8.33
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$115.93
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SunX: 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 GMX no order-book sample
Sell SunX live order book, 11 min ago29.28 bp77.4 bp −$77doesn't fitdoesn'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 30 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%1h0.2126−0.004%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.046%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2130+0.171%$360K$906K5xas long as short
Binance XLMUSDT+0.0100%8h0.2128+0.100%$54.1M$155.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2127+0.048%$42.9M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2127+0.053%$12.7M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127+0.058%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2128+0.100%$23.7M$27.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2127+0.063%$14.1M$10.0M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2127+0.053%$25.4M$20.7M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2128+0.086%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2128+0.091%$89K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2122−0.182%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126−0.015%$11K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2127+0.065%$595K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2126+0.006%$170K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128+0.095%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2124−0.083%$3K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2128+0.100%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2127+0.044%$196K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2128+0.105%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2127+0.045%$191K$1.8M10xas long as short
dYdX XLM-USD+0.0113%1h0.2125−0.047%$23K$2K10xas long as short
Aster XLMUSDT+0.0122%8h0.2127+0.035%$569K$623K75xas long as short
Phoenix XLM+0.0187%1h0.2124−0.069%$5K$46K5xas long as short
Hyperliquid XLM+0.0300%1h0.2129+0.152%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0380%1h0.2129+0.129%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2126+0.001%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0517% / S −0.0193%1h0.2126long leg$44K100x
Deribit XLM_USDC-PERPETUAL+0.0831%1h0.2129+0.147%$528K$151K25xas long as short