Funding arb · Price arb /

XLM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against SoDEX+0.246%75s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.246% dearer against SoDEX than usual: you sell high and buy low, +$25 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XLM-USD	0.2139	0.0100	pay 0.0013% / 1h	41m 44s	$583	$6K	5x
Short	edgeX XLMUSDC	0.2144	0.0100	get 0.0050% / 4h	3h 41m	$12K	$307K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now +0.246%Rate

Funding earned: $0
Price spread: +0.246% → 0.000%: $24.61
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $7.61
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; edgeX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 11 min ago	1.16 bp	6.0 bp −$6	64.5 bp −$645	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2138	−0.004%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	−0.631%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2141	+0.103%	$376K	$969K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2139	+0.032%	$569K	$622K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2137	−0.059%	$54.8M	$157.0M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2137	−0.070%	$43.3M	$46.0M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2137	−0.070%	$12.6M	$43.1M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2139	+0.005%	$4.0M	$6.9M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2138	−0.009%	$24.0M	$27.0M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2138	−0.028%	$14.1M	$9.5M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2138	−0.037%	$25.9M	$21.9M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2138	−0.019%	—	$7.3M	—	as long as short
Variational Omni XLM	+0.0100%	8h	0.2142	+0.170%	$256K	$1.3M	—	as long as short
edgeX XLMUSDCshort	+0.0100%	4h	0.2144	+0.246%	$12K	$307K	10x
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2148	+0.421%	$602K	$618K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2145	+0.295%	$172K	$258K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2139	+0.023%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2136	−0.108%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USDlong	+0.0100%	1h	0.2139	long leg	$583	$6K	5x
HTX XLM-USDT	+0.0100%	8h	0.2138	−0.023%	$197K	$254K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2139	+0.028%	$9.0M	$8.9M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2137	−0.054%	$191K	$1.8M	10x	as long as short
Kraken Futures PF_XLMUSD	+0.0185%	1h	0.2139	+0.025%	$2.6M	$2.7M	50x	as long as short
Hyperliquid XLM	+0.0200%	1h	0.2140	+0.051%	$12.3M	$6.3M	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2150	+0.561%	$2.3M	$5.5M	75x	as long as short
Phoenix XLM	+0.0225%	1h	0.2148	+0.440%	$5K	$46K	5x	as long as short
dYdX XLM-USD	+0.0229%	1h	0.2142	+0.146%	$23K	$2K	10x	as long as short
Coinbase International XLM-PERP-INTX	+0.0464%	1h	0.2147	+0.407%	$250K	$1.6M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0520% / S −0.0247%	1h	0.2139	0.000%	$40K	—	100x	as long as short
Backpack XLM_USDC_PERP	+0.0663%	1h	0.2139	+0.009%	$128K	$293K	20x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0779%	1h	0.2140	+0.075%	$531K	$154K	25x	as long as short