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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.110%
Price spread now: SoDEX against Lighter−0.152%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.152% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21670.0096pay 0.0012% / 1h22m 04s$399K$838K5x
ShortSoDEX XLM-USD0.21640.0100get 0.0013% / 1h22m 04s$2K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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
$0.84
Price spread: −0.152% → 0.000%
−$15.23
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$22.39
Costs to cover
0.080%
Break-even
193.6 days
Slippage unknown: Lighter: live order book, 48 min ago; SoDEX: 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 Lighter live order book, 48 min ago5.81 bp26.3 bp −$2661.7 bp −$617doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.466%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2164−0.164%$4K150xas long as short
dYdX XLM-USD+0.0039%1h0.2165−0.087%$24K$2K10xas long as short
Lighter XLMlong+0.0096%1h0.2167long leg$399K$838K5x
Binance XLMUSDT+0.0100%8h0.2164−0.157%$55.9M$150.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2163−0.189%$44.1M$44.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2162−0.235%$13.2M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2164−0.148%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2165−0.120%$25.2M$26.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2164−0.152%$14.4M$10.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2164−0.134%$25.8M$19.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2164−0.125%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2164−0.134%$89K$261K20xas long as short
Variational Omni XLM+0.0100%8h0.2166−0.044%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2168+0.050%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2168+0.058%$611K$590K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2164−0.129%$173K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164−0.143%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2162−0.240%$1K$1.7M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2164−0.152%$2K$6K5x
HTX XLM-USDT+0.0100%8h0.2166−0.055%$200K$257K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2165−0.106%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2164−0.138%$194K$1.7M10xas long as short
Aster XLMUSDT+0.0144%8h0.2166−0.032%$581K$660K75xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2165−0.096%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.21670.000%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2165−0.106%$5K$42K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2168+0.046%$233K$1.5M50xas long as short
Hyperliquid XLM+0.0533%1h0.2167−0.023%$12.5M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0601% / S −0.1143%1h0.2163−0.170%$174K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0721%1h0.2166−0.055%$538K$150K25xas long as short