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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.141%
Price spread now: gTrade (Gains Network) against Lighter−0.142%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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.142% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21060.0096pay 0.0012% / 1h25m 05s$352K$991K5x
ShortgTrade (Gains Network) XLM/USD0.2103L 0.0000% / S +0.0002%pay 0.0000% / 1h25m 05s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. 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
−$20.57
Price spread: −0.142% → 0.000%
−$14.2
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$44.77
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 20 min ago; gTrade (Gains Network): 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 Lighter live order book, 20 min ago7.33 bp19.3 bp −$1952.7 bp −$527doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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/USDshortL 0.0000% / S +0.0002%1h0.2103−0.142%$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.917%$683$241K12xas long as short
Lighter XLMlong+0.0096%1h0.2106long leg$352K$991K5x
Aster XLMUSDT+0.0100%8h0.2100−0.273%$556K$630K75xas long as short
Binance XLMUSDT+0.0100%8h0.2101−0.209%$53.7M$161.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2100−0.275%$42.3M$47.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2101−0.242%$12.2M$43.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2100−0.247%$3.9M$7.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2101−0.218%$24.1M$28.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2103−0.114%$13.7M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2100−0.285%$25.3M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2100−0.290%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2101−0.209%$130K$314K20xas long as short
Variational Omni XLM+0.0100%8h0.2097−0.406%$250K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2096−0.461%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101−0.225%$582K$615K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2094−0.546%$168K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2104−0.081%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2101−0.204%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2103−0.133%$573$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2102−0.185%$194K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2102−0.195%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2103−0.139%$188K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0144%1h0.2102−0.154%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0160%1h0.2101−0.204%$11.9M$6.5M5xas long as short
dYdX XLM-USD+0.0198%1h0.2101−0.243%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2102−0.190%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0226%1h0.2097−0.423%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2094−0.546%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0228%1h0.2103−0.143%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1082%1h0.2105−0.019%$522K$163K25xas long as short