Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average—if it closes, per $10,000$5funding while held, a day−$14.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XLM_USDC-PERPETUAL | 0.2081 | 0.0567 | pay 0.0071% / 1h | 37m 12s | $517K | $139K | 25x |
| Short | SoDEX XLM-USD | 0.2080 | 0.0100 | get 0.0013% / 1h | 37m 12s | $436 | $5K | 5x |
Deribit XLM_USDC-PERPETUAL
SoDEX XLM-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.8
- Funding while held
- −$14.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$33.81
- Spread needed to break even
- 0.150%
Slippage unknown: Deribit: live order book, 8 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0467%
- Per $10,000 a day
- −$14.01
- Average in range /8h
- —
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 Deribit live order book, 8 min ago | 5.29 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
Variational Omni0.2076+5.595%SunX0.2077+5.651%dYdX0.2077+5.670%edgeX0.2079+5.731%Phoenix0.2079+5.732%GMX0.2079+5.742%ApeX Omni0.2079+5.753%gTrade (Gains Network)0.2079+5.761%Coinbase International0.2079+5.773%Extended0.2080+5.774%Bybit0.2080+5.799%Orderly0.2080+5.799%Phemex0.2080+5.799%KuCoin0.2080+5.804%HTX0.2080+5.804%Gate0.2080+5.809%
Injective
Variational Omni
SunX
dYdX
Phoenix
GMX
ApeX Omni
gTrade (Gains Network)
Coinbase International
Extended
Bybit
Orderly
Phemex
KuCoin
HTX
GateSoDEX0.2080+5.819%
Kraken Futures0.2080+5.819%Binance0.2081+5.824%MEXC0.2081+5.839%Bitget0.2081+5.844%BingX0.2081+5.844%OKX0.2081+5.849%Backpack0.2081+5.849%BloFin0.2081+5.849%
Kraken Futures
Binance
MEXC
Bitget
BingX
OKX
Backpack
BloFinDeribit0.2081+5.870%
Aster0.2082+5.875%Lighter0.2082+5.895%Hyperliquid0.2082+5.926%
Aster
Lighter
HyperliquidXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.544% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| Variational Omni XLM | −0.260% | +0.0100% | 8h | $260K | $615K | — | as long as short |
| SunX XLM-USDT | −0.207% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| dYdX XLM-USD | −0.188% | +0.0148% | 1h | $23K | $1K | 10x | as long as short |
| edgeX XLMUSDC | −0.132% | +0.0100% | 4h | $14K | $288K | 10x | as long as short |
| Phoenix XLM | −0.130% | +0.0153% | 1h | $13K | $34K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.121% | L +0.0334% / S −0.0203% | 1h | $41K | — | 100x | as long as short |
| ApeX Omni XLMUSDT | −0.111% | +0.0100% | 1h | $167K | $242K | 50x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.102% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Coinbase International XLM-PERP-INTX | −0.091% | +0.0376% | 1h | $266K | $1.3M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended XLM-USD | −0.090% | +0.0104% | 1h | $206K | $1.5M | 10x | as long as short |
| Bybit XLMUSDT | −0.067% | +0.0100% | 8h | $41.0M | $35.4M | 75x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.067% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Phemex XLMUSDT | −0.067% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| KuCoin XLMUSDTM | −0.062% | +0.0100% | 8h | $13.9M | $9.3M | 75x | as long as short |
| HTX XLM-USDT | −0.062% | +0.0100% | 8h | $193K | $376K | 20x | as long as short |
| Gate XLM_USDT | −0.058% | +0.0100% | 8h | $3.7M | $6.0M | 75x | as long as short |
| SoDEX XLM-USDshort | −0.048% | +0.0100% | 1h | $436 | $5K | 5x | |
| Kraken Futures PF_XLMUSD | −0.048% | +0.0360% | 1h | $2.3M | $2.1M | 50x | as long as short |
| Binance XLMUSDT | −0.043% | +0.0100% | 8h | $50.8M | $133.6M | 75x | as long as short |
| MEXC XLM_USDT | −0.029% | +0.0100% | 8h | $26.0M | $23.3M | 300x | as long as short |
| Bitget XLMUSDT | −0.024% | +0.0100% | 8h | $24.3M | $16.5M | 75x | as long as short |
| BingX XLM-USDC | −0.024% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| OKX XLM-USDT-SWAP | −0.019% | +0.0100% | 8h | $11.5M | $34.2M | 50x | as long as short |
| Backpack XLM_USDC_PERP | −0.019% | +0.0137% | 1h | $100K | $194K | 20x | as long as short |
| BloFin XLM-USDT | −0.019% | +0.0220% | 8h | $2.2M | $5.7M | 75x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | 0.000% | +0.0567% | 1h | $517K | $139K | 25x | |
| Aster XLMUSDT | +0.005% | +0.0100% | 8h | $561K | $1.1M | 75x | as long as short |
| Lighter XLM | +0.024% | +0.0272% | 1h | $467K | $709K | 5x | as long as short |
| Hyperliquid XLM | +0.053% | +0.0244% | 1h | $11.2M | $5.4M | 5x | as long as short |