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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: SoDEX against gTrade (Gains Network)+0.051%54s7-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 SoDEX is 0.051% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XLM/USD0.2137L 0.0000% / S +0.0002%pay 0.0000% / 1h41m 30s$4K150x
ShortSoDEX XLM-USD0.21390.0100get 0.0013% / 1h41m 30s$583$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.051% → 0.000%
$5.05
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$7.98
Costs to cover
0.180%
Break-even
4.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 SoDEX no order-book sample
gTrade (Gains Network) and SoDEX: 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%1h0.2137long leg$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125−0.581%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2141+0.153%$376K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2136−0.051%$568K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2138+0.036%$54.9M$157.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2137−0.020%$43.3M$46.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2138+0.036%$12.6M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2137−0.024%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2138+0.018%$23.9M$27.0M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2137−0.029%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2137+0.004%$25.9M$21.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2137+0.004%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2142+0.220%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2148+0.482%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2148+0.472%$602K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2148+0.504%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2139+0.074%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2136−0.057%$2K$1.6M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2139+0.051%$583$6K5x
HTX XLM-USDT+0.0100%8h0.2138+0.027%$197K$254K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2139+0.079%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2135−0.098%$191K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2139+0.075%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0207%1h0.2139+0.093%$12.3M$6.3M5xas long as short
dYdX XLM-USD+0.0217%1h0.2137−0.037%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2150+0.612%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2146+0.420%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2147+0.458%$250K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2138+0.009%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0663%1h0.2139+0.060%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUAL+0.0779%1h0.2140+0.125%$531K$154K25xas long as short