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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.9% APRnext payment $0.46 per $10,000 · paid last 24h −0.095%
Price spread now: SoDEX against Coinbase International−0.150%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 feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SoDEX is 0.150% cheaper against Coinbase International than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XLM-PERP-INTX0.21350.0464pay 0.0058% / 1h15m 35s$245K$1.6M50x
ShortSoDEX XLM-USD0.21320.0100get 0.0013% / 1h15m 35s$581$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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
−$76.44
Price spread: −0.150% → 0.000%
−$14.99
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$109.43
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago3.75 bp14.6 bp −$1520.5 bp −$205doesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2131−0.176%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.478%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2136+0.047%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2134−0.056%$567K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2134−0.042%$54.8M$157.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2133−0.117%$43.1M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134−0.075%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2133−0.117%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2134−0.075%$25.0M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2134−0.075%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2134−0.070%$25.8M$22.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2133−0.103%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2131−0.191%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2135+0.002%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134−0.066%$598K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133−0.108%$171K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2133−0.103%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2132−0.164%$2K$1.6M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2132−0.150%$581$6K5x
HTX XLM-USDT+0.0100%8h0.2133−0.108%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2133−0.108%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2133−0.103%$192K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0186%1h0.2133−0.111%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0189%1h0.2135−0.033%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134−0.042%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2132−0.131%$5K$46K5xas long as short
dYdX XLM-USD+0.0305%1h0.2133−0.123%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0445%1h0.2133−0.117%$129K$291K20xas long as short
Coinbase International XLM-PERP-INTXlong+0.0464%1h0.2135long leg$245K$1.6M50x
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2131−0.189%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0829%1h0.2134−0.070%$529K$159K25xas long as short