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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0412%/8h= −45.1% APRpaid last 24h −0.083%
Price spread now: edgeX against GMX+0.162%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. edgeX is 0.162% dearer against GMX than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2116L +0.0512% / S −0.0245%pay 0.0064% / 1h46m 54s$39K100x
ShortedgeX XLMUSDC0.21190.0100get 0.0050% / 4h1h 46m$12K$310K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GMX. 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
−$86.45
Price spread: +0.162% → 0.000%
$16.2
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$91.25
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 64 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 GMX no order-book sample
Sell edgeX live order book, 64 min ago3.07 bp8.0 bp −$868.6 bp −$686doesn't fitdoesn't fit
GMX: 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 exchanges

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%1h0.2117+0.029%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.431%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2118+0.119%$371K$803K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119+0.143%$562K$453K75xas long as short
Binance XLMUSDT+0.0100%8h0.2119+0.143%$54.7M$145.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2118+0.086%$44.1M$41.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2118+0.095%$12.2M$42.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2118+0.091%$4.0M$6.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2119+0.143%$24.5M$27.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2118+0.119%$13.8M$8.6M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2118+0.091%$26.1M$21.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2119+0.133%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2118+0.114%$120K$302K20xas long as short
Variational Omni XLM+0.0100%8h0.2118+0.098%$253K$1.2Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2119+0.162%$12K$310K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2119+0.166%$592K$530K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2119+0.157%$170K$252K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2116+0.006%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2119+0.157%$1K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2117+0.048%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2119+0.143%$191K$244K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2117+0.077%$8.6M$8.5M50xas long as short
Extended XLM-USD+0.0104%1h0.2117+0.055%$189K$612K10xas long as short
Phoenix XLM+0.0150%1h0.2120+0.218%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2118+0.114%$2.3M$5.2M75xas long as short
Kraken Futures PF_XLMUSD+0.0256%1h0.2117+0.037%$2.6M$2.5M50xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2121+0.237%$211K$1.3M50xas long as short
Hyperliquid XLM+0.0414%1h0.2120+0.176%$12.5M$5.6M5xas long as short
dYdX XLM-USD+0.0494%1h0.2119+0.165%$27K$5K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0506%1h0.2119+0.124%$525K$103K25xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0512% / S −0.0245%1h0.2116long leg$39K100x