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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0091%/8h= −10.0% APRnext payment $0.11 per $10,000 · paid last 24h −0.119%
Price spread now: Injective against dYdX+0.053%98s7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Injective is 0.053% dearer against dYdX than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XLM-USD0.21240.0124pay 0.0016% / 1h19m 39s$23K$2K10x
ShortInjective XLM/USDC PERP0.21250.0033get 0.0004% / 1h19m 39s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$19.11
Price spread: +0.053% → 0.000%
$5.26
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$23.87
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Injective: 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 dYdX no order-book sample
Sell Injective no order-book sample
dYdX and Injective: 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 30 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%1h0.2124−0.007%$4K150xas long as short
Injective XLM/USDC PERPshort+0.0033%1h0.2125+0.053%$683$241K12x
Lighter XLM+0.0096%1h0.2126+0.100%$359K$906K5xas long as short
Binance XLMUSDT+0.0100%8h0.2125+0.057%$53.9M$155.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2124+0.006%$42.8M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2124+0.024%$12.6M$41.9M50xas long as short
Gate XLM_USDT+0.0100%8h0.2124+0.001%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2125+0.048%$23.8M$27.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2124+0.006%$14.1M$10.0M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2124+0.015%$25.4M$20.7M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2124+0.010%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2125+0.062%$88K$262K20xas long as short
Variational Omni XLM+0.0100%8h0.2128+0.199%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2130+0.304%$12K$303K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134+0.490%$597K$611K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2132+0.363%$171K$257K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2125+0.053%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2123−0.056%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2125+0.053%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2126+0.086%$196K$262K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2125+0.076%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.21240.000%$192K$1.8M10xas long as short
dYdX XLM-USDlong+0.0124%1h0.2124long leg$23K$2K10x
Aster XLMUSDT+0.0127%8h0.2125+0.062%$569K$622K75xas long as short
Phoenix XLM+0.0187%1h0.2135+0.509%$5K$46K5xas long as short
Hyperliquid XLM+0.0275%1h0.2126+0.119%$12.2M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0381%1h0.2126+0.081%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0440%1h0.2132+0.363%$232K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0193%1h0.2124−0.002%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0786%1h0.2126+0.109%$528K$149K25xas long as short