Funding arb · Price arb /

XLM

all XLM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0435%/8h= +47.6% APRpaid last 24h +0.025%

Price spread now: dYdX against SunX−0.083%7-day average — · you buy dearer than you sell

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

Long on SunX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding pays, the price is against you. dYdX is 0.083% cheaper against SunX than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 15 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XLM-USDT	0.2101	0.0100	pay 0.0100% / 8h	5h 02m	$2K	$1.3M	20x
Short	dYdX XLM-USD	0.2099	0.0535	get 0.0067% / 1h	2m 15s	$26K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SunX. 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 SunXbpFee dYdXbpOrdersPrice spread, now −0.083%Rate

Funding earned: $91.38
Price spread: −0.083% → 0.000%: −$8.31
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $65.07
Costs to cover: 0.180%
Break-even: 2.0 days

Slippage unknown: SunX: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 5 min ago	45.48 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn'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 exchanges

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	0.2098	−0.109%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+1.162%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2103	+0.095%	$369K	$807K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2101	+0.030%	$557K	$358K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2101	+0.002%	$54.3M	$141.5M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2100	−0.014%	$43.3M	$40.6M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2100	−0.005%	$12.2M	$41.6M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2100	−0.048%	$3.9M	$6.8M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2100	−0.019%	$24.1M	$27.9M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2101	+0.005%	$13.9M	$8.5M	75x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2101	+0.010%	$25.7M	$21.0M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2100	−0.038%	—	$6.8M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2100	−0.048%	$119K	$297K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2098	−0.126%	$250K	$1.2M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2099	−0.079%	$11K	$311K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2100	−0.043%	$580K	$501K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2099	−0.057%	$168K	$252K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2100	−0.029%	$3K	$247	10x	as long as short
SunX XLM-USDTlong	+0.0100%	8h	0.2101	long leg	$2K	$1.3M	20x
SoDEX XLM-USD	+0.0100%	1h	0.2101	0.000%	$572	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2100	−0.019%	$189K	$238K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2100	−0.024%	$8.5M	$8.3M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2100	−0.019%	$190K	$609K	10x	as long as short
Phoenix XLM	+0.0150%	1h	0.2100	−0.029%	$4K	$46K	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2100	−0.033%	$2.3M	$5.2M	75x	as long as short
Kraken Futures PF_XLMUSD	+0.0258%	1h	0.2101	+0.034%	$2.6M	$2.6M	50x	as long as short
Coinbase International XLM-PERP-INTX	+0.0328%	1h	0.2106	+0.252%	$210K	$1.3M	50x	as long as short
Hyperliquid XLM	+0.0346%	1h	0.2102	+0.067%	$12.2M	$5.6M	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0509% / S −0.0245%	1h	0.2098	−0.114%	$39K	—	100x	as long as short
dYdX XLM-USDshort	+0.0535%	1h	0.2099	−0.083%	$26K	$5K	10x
Deribit XLM_USDC-PERPETUAL	+0.0797%	1h	0.2103	+0.105%	$521K	$103K	25x	as long as short