Funding arb · Price arb /

XLM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.031%

Price spread now: gTrade (Gains Network) against KuCoin+0.021%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.021% dearer against KuCoin than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XLMUSDTM	0.2127	0.0100	pay 0.0100% / 8h	2h 10m	$13.9M	$9.4M	75x
Short	gTrade (Gains Network) XLM/USD	0.2128	L 0.0000% / S +0.0002%	pay 0.0000% / 1h	10m 18s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.021%Rate

Funding earned: −$21.41
Price spread: +0.021% → 0.000%: $2.07
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$41.34
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	1.41 bp	20.7 bp −$21	34.2 bp −$342	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XLM/USDshort	L 0.0000% / S +0.0002%	1h	0.2128	+0.021%	$4K	—	150x
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	−0.113%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2132	+0.230%	$357K	$996K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2129	+0.055%	$564K	$634K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2130	+0.127%	$54.6M	$162.1M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2128	+0.047%	$43.1M	$47.5M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2129	+0.056%	$12.3M	$44.5M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2126	−0.052%	$4.0M	$7.7M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2129	+0.052%	$24.4M	$28.5M	300x	as long as short
KuCoin XLMUSDTMlong	+0.0100%	8h	0.2127	long leg	$13.9M	$9.4M	75x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2129	+0.085%	$25.6M	$22.8M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2129	+0.075%	—	$7.4M	—	as long as short
Variational Omni XLM	+0.0100%	8h	0.2123	−0.201%	$253K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2120	−0.338%	$12K	$306K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2115	−0.564%	$586K	$603K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2120	−0.329%	$170K	$265K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2130	+0.122%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2125	−0.089%	$2K	$1.7M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2130	+0.132%	$580	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2124	−0.136%	$196K	$251K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2129	+0.075%	$8.8M	$9.0M	50x	as long as short
Backpack XLM_USDC_PERP	+0.0103%	1h	0.2127	−0.038%	$131K	$315K	20x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2130	+0.120%	$190K	$1.8M	10x	as long as short
Kraken Futures PF_XLMUSD	+0.0142%	1h	0.2130	+0.140%	$2.6M	$2.7M	50x	as long as short
Hyperliquid XLM	+0.0197%	1h	0.2129	+0.080%	$12.1M	$6.6M	5x	as long as short
dYdX XLM-USD	+0.0218%	1h	0.2125	−0.093%	$23K	$2K	10x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2126	−0.071%	$2.3M	$5.6M	75x	as long as short
Phoenix XLM	+0.0226%	1h	0.2115	−0.564%	$4K	$49K	5x	as long as short
Coinbase International XLM-PERP-INTX	+0.0456%	1h	0.2125	−0.122%	$223K	$1.7M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0518% / S −0.0247%	1h	0.2128	+0.014%	$39K	—	100x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.1300%	1h	0.2132	+0.230%	$529K	$164K	25x	as long as short