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+0.1081%/8h= +118.3% APRnext payment +$1.35 per $10,000 · paid last 24h −0.164%
Price spread now: Injective against gTrade (Gains Network)−0.223%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 0.223% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.223% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 17 hours of funding at the current rate (+$32 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2130L 0.0000% / S +0.0002%pay 0.0000% / 1h26m 34s$4K150x
ShortInjective XLM/USDC PERP0.21250.1081get 0.0135% / 1h26m 34s$683$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$226.91
Price spread: −0.223% → 0.000%
−$22.35
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$194.54
Costs to cover
0.100%
Break-even
1.0 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) 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 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%1h0.2130long leg$4K150x
Lighter XLM+0.0096%1h0.2137+0.321%$358K$903K5xas long as short
Binance XLMUSDT+0.0100%8h0.2137+0.346%$54.8M$154.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2136+0.293%$43.2M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2137+0.335%$12.6M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2134+0.190%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2135+0.270%$24.0M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2135+0.227%$14.1M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2137+0.316%$25.6M$21.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2135+0.241%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2132+0.096%$97K$273K20xas long as short
Variational Omni XLM+0.0100%8h0.2139+0.437%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2138+0.379%$12K$302K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2136+0.274%$591K$585K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2139+0.448%$171K$256K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2131+0.058%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2129−0.036%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2131+0.044%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2131+0.044%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2133+0.152%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2134+0.214%$190K$1.8M10xas long as short
Aster XLMUSDT+0.0107%8h0.2135+0.225%$568K$624K75xas long as short
BloFin XLM-USDT+0.0220%8h0.2131+0.077%$2.3M$4.9M75xas long as short
dYdX XLM-USD+0.0232%1h0.2134+0.178%$23K$2K10xas long as short
Phoenix XLM+0.0264%1h0.2136+0.284%$5K$46K5xas long as short
Hyperliquid XLM+0.0417%1h0.2138+0.401%$12.4M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0461%1h0.2130+0.028%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2135+0.270%$234K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2130+0.001%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0736%1h0.2132+0.105%$529K$153K25xas long as short
Injective XLM/USDC PERPshort+0.1081%1h0.2125−0.223%$683$241K12x