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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.100%
Price spread now: SoDEX against Lighter−0.198%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.198% cheaper against Lighter than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21240.0096pay 0.0012% / 1h8m 48s$366K$944K5x
ShortSoDEX XLM-USD0.21190.0100get 0.0013% / 1h8m 48s$577$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0.84
Price spread: −0.198% → 0.000%
−$19.78
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$26.94
Costs to cover
0.080%
Break-even
231.5 days
Slippage unknown: Lighter: live order book, 26 min ago; 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 Lighter live order book, 26 min ago5.43 bp22.3 bp −$2255.8 bp −$558doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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/USDL 0.0000% / S +0.0002%1h0.2123−0.044%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.071%$683$241K12xas long as short
Lighter XLMlong+0.0096%1h0.2124long leg$366K$944K5x
Aster XLMUSDT+0.0100%8h0.2122−0.049%$562K$585K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.061%$54.4M$159.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121−0.127%$43.4M$46.4M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122−0.080%$12.1M$44.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2120−0.151%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.085%$24.5M$29.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121−0.118%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2122−0.094%$25.6M$22.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2120−0.151%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2119−0.201%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2122−0.086%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122−0.075%$586K$562K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122−0.085%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2124+0.024%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2117−0.330%$2K$1.6M20xas long as short
SoDEX XLM-USDshort+0.0100%1h0.2119−0.198%$577$6K5x
HTX XLM-USDT+0.0100%8h0.2124+0.047%$196K$220K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2120−0.160%$8.7M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2121−0.112%$189K$1.2M10xas long as short
Backpack XLM_USDC_PERP+0.0127%1h0.2121−0.113%$130K$342K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2121−0.127%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2123−0.028%$4K$50K5xas long as short
dYdX XLM-USD+0.0274%1h0.2120−0.157%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2119−0.231%$215K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2123−0.035%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2119−0.204%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0601%1h0.2123−0.024%$12.2M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0881%1h0.2125+0.075%$527K$172K25xas long as short