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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h +0.010%
Price spread now: Bitget against dYdX−0.061%53s7-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 5 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 −$3 a day on $10k at the current rate, and Bitget is 0.061% cheaper against dYdX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21330.0203pay 0.0025% / 1h6m 53s$23K$2K10x
ShortBitget XLMUSDT0.21320.0100get 0.0100% / 8h5h 06m$25.6M$21.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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
−$21.73
Price spread: −0.061% → 0.000%
−$6.07
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$49.8
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 2 min ago. 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 dYdX no order-book sample
Sell Bitget live order book, 2 min ago0.70 bp8.2 bp −$810.9 bp −$10936.7 bp −$3,673doesn't fit
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 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%1h0.2132−0.030%$4K150xas long as short
Lighter XLM+0.0096%1h0.2135+0.085%$373K$923K5xas long as short
Aster XLMUSDT+0.0100%8h0.2133−0.014%$568K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2132−0.037%$54.5M$154.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2131−0.079%$43.0M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2132−0.075%$12.5M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2132−0.065%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2132−0.037%$24.1M$27.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2132−0.037%$14.1M$9.8M75xas long as short
Bitget XLMUSDTshort+0.0100%8h0.2132−0.061%$25.6M$21.1M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2132−0.056%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2133−0.019%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2140+0.328%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2136+0.154%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2135+0.075%$595K$595K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2135+0.099%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2133−0.004%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2130−0.126%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2132−0.028%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2135+0.066%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2133−0.009%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2131−0.085%$190K$1.8M10xas long as short
dYdX XLM-USDlong+0.0203%1h0.2133long leg$23K$2K10x
BloFin XLM-USDT+0.0220%8h0.2133−0.023%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2145+0.563%$5K$46K5xas long as short
Hyperliquid XLM+0.0321%1h0.2133−0.009%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0461%1h0.2133−0.026%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2139+0.282%$234K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2133−0.010%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0641%1h0.2135+0.071%$530K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.379%$683$241K12xas long as short