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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Bybit against gTrade (Gains Network)+0.248%7-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 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.248% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2194L 0.0000% / S +0.0002%pay 0.0000% / 1h44m 45s$4K150x
ShortBybit XLMUSDT0.21990.0100get 0.0100% / 8h1h 44m$44.8M$43.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against gTrade (Gains Network). 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
$20.92
Price spread: +0.248% → 0.000%
$24.75
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$24.68
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Bybit: live order book, 4 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 gTrade (Gains Network) no order-book sample
Sell Bybit live order book, 4 min ago2.30 bp9.1 bp −$915.5 bp −$15559.2 bp −$5,923doesn't fit
gTrade (Gains Network): 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/USDlongL 0.0000% / S +0.0002%1h0.2194long leg$4K150x
dYdX XLM-USD+0.0015%1h0.2197+0.141%$24K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2196+0.128%$597K$800K75xas long as short
Binance XLMUSDT+0.0100%8h0.2199+0.250%$57.3M$148.9M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2199+0.248%$44.8M$43.0M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2198+0.184%$13.4M$42.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2198+0.207%$4.0M$6.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2199+0.266%$26.0M$25.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2198+0.225%$14.9M$10.6M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2198+0.197%$26.3M$18.8M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDC+0.0100%8h0.2197+0.175%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2183−0.469%$314K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2180−0.596%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2183−0.502%$609K$622K10xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2196+0.111%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2190−0.176%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2197+0.134%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2195+0.079%$202K$272K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2195+0.065%$9.3M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2197+0.168%$196K$1.6M10xas long as short
ApeX Omni XLMUSDT+0.0138%1h0.2180−0.632%$175K$256K50xas long as short
BloFin XLM-USDT+0.0220%8h0.2196+0.111%$2.4M$6.4M75xas long as short
Phoenix XLM+0.0221%1h0.2173−0.951%$5K$41K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0345% / S −0.0195%1h0.2193−0.011%$50K100xas long as short
Hyperliquid XLM+0.0371%1h0.2199+0.261%$12.5M$6.0M5xas long as short
Backpack XLM_USDC_PERP+0.0372%1h0.2197+0.170%$103K$254K20xas long as short
Coinbase International XLM-PERP-INTX+0.0432%1h0.2194+0.024%$248K$1.5M50xas long as short
Injective XLM/USDC PERP+0.0475%1h0.2156−1.713%$116$185K12xas long as short
Kraken Futures PF_XLMUSD+0.0498%1h0.2197+0.141%$2.6M$2.6M50xas long as short
Lighter XLM+0.0680%1h0.2202+0.371%$433K$805K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0752%1h0.2197+0.156%$545K$174K25xas long as short