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−0.0382%/8h= −41.8% APRnext payment $0.48 per $10,000 · paid last 24h −0.052%
Price spread now: dYdX against Kraken Futures−0.055%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 5 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 −$11 a day on $10k at the current rate, and dYdX is 0.055% cheaper against Kraken Futures 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
LongKraken Futures PF_XLMUSD0.21210.0382pay 0.0048% / 1h35m 00s$2.6M$2.6M50x
ShortdYdX XLM-USD0.21200get 0.0000% / 1h35m 00s$23K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
−$80.13
Price spread: −0.055% → 0.000%
−$5.48
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$105.61
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; dYdX: 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 Kraken Futures live order book, 4 min ago8.28 bp18.7 bp −$1926.7 bp −$267153.0 bp −$15.3Kdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.2120−0.055%$23K$2K10x
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2118−0.110%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.197%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2121−0.006%$358K$898K5xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.103%$53.9M$155.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122+0.056%$42.7M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122+0.060%$12.7M$41.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121+0.008%$4.0M$6.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121+0.013%$23.7M$26.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2122+0.032%$14.1M$10.0M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2122+0.056%$25.2M$20.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2121+0.018%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122+0.046%$88K$263K20xas long as short
Variational Omni XLM+0.0100%8h0.2119−0.078%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2115−0.256%$11K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2116−0.244%$592K$613K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2115−0.251%$169K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2120−0.039%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2117−0.171%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2120−0.039%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2117−0.180%$195K$269K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2119−0.072%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2120−0.055%$188K$1.8M10xas long as short
Aster XLMUSDT+0.0123%8h0.2118−0.114%$566K$631K75xas long as short
Hyperliquid XLM+0.0164%1h0.2123+0.098%$12.2M$6.4M5xas long as short
Phoenix XLM+0.0187%1h0.2115−0.270%$5K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.631%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSDlong+0.0382%1h0.2121long leg$2.6M$2.6M50x
Coinbase International XLM-PERP-INTX+0.0440%1h0.2121+0.023%$233K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0193%1h0.2118−0.124%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0930%1h0.2122+0.032%$527K$150K25xas long as short