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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against edgeX+0.031%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.031%, 7d avg −0.005%
Together, before fees−0.154%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.037% dearer against edgeX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21330.0100pay 0.0050% / 4h17m 24s$12K$306K10x
ShortGate XLM_USDT0.21340.0100get 0.0100% / 8h4h 17m$4.1M$6.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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
$0
Price spread: +0.031% → −0.005%
$3.65
Slippage, 4 orders
−$17.83
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$38.18
Costs to cover
0.418%
Break-even
never at this rate
Slippage from edgeX: live order book, 41 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 41 min ago1.41 bp6.3 bp −$659.4 bp −$594doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.99 bp14.1 bp −$1425.7 bp −$257doesn't fitdoesn't fit

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%1h0.2134+0.062%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.381%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2136+0.130%$369K$967K5xas long as short
Aster XLMUSDT+0.0100%8h0.2134+0.039%$567K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2136+0.144%$54.7M$155.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2135+0.087%$43.1M$45.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2135+0.101%$12.5M$42.5M50xas long as short
Gate XLM_USDTshort+0.0100%8h0.2134+0.031%$4.1M$6.8M75x
MEXC XLM_USDT+0.0100%8h0.2135+0.092%$23.8M$27.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2134+0.050%$14.1M$9.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2135+0.101%$25.7M$21.4M75xas long as short
BingX XLM-USDC+0.0100%8h0.2135+0.101%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2134+0.017%$128K$291K20xas long as short
Variational Omni XLM+0.0100%8h0.2134+0.045%$255K$1.3Mas long as short
edgeX XLMUSDClong+0.0100%4h0.2133long leg$12K$306K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2131−0.110%$589K$600K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2134+0.017%$171K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2136+0.134%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2133−0.011%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2136+0.134%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2130−0.152%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2132−0.058%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2135+0.103%$192K$1.8M10xas long as short
Hyperliquid XLM+0.0185%1h0.2137+0.176%$12.3M$6.2M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2133−0.011%$2.3M$5.1M75xas long as short
Phoenix XLM+0.0225%1h0.2134+0.045%$5K$46K5xas long as short
dYdX XLM-USD+0.0239%1h0.2133−0.020%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0264%1h0.2135+0.107%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2135+0.078%$236K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2135+0.079%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1108%1h0.2138+0.233%$531K$153K25xas long as short