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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0266%/8h= −29.1% APRnext payment $0.33 per $10,000 · paid last 24h −0.053%
Price spread now: gTrade (Gains Network) against Phoenix+0.001%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix XLM0.21190.0264pay 0.0033% / 1h4m 29s$4K$50K5x
ShortgTrade (Gains Network) XLM/USD0.2119L 0.0000% / S +0.0002%pay 0.0000% / 1h4m 29s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Phoenix. 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
−$55.89
Price spread: +0.001% → 0.000%
$0.14
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$72.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; 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 Phoenix no order-book sample
Sell gTrade (Gains Network) no order-book sample
Phoenix and 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%1h0.2119+0.001%$4K150x
Injective XLM/USDC PERP+0.0033%1h0.2125+0.297%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2120+0.042%$365K$945K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119+0.023%$562K$585K75xas long as short
Binance XLMUSDT+0.0100%8h0.2119−0.007%$54.9M$159.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117−0.071%$43.3M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2118−0.033%$12.1M$44.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119+0.005%$3.9M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2117−0.057%$24.5M$29.4M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117−0.066%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117−0.061%$25.6M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2117−0.061%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2116−0.117%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119+0.023%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2119+0.004%$590K$570K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2119+0.014%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2119+0.014%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2115−0.165%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119+0.033%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2118−0.028%$195K$220K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2120+0.057%$8.7M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2117−0.071%$189K$1.2M10xas long as short
Backpack XLM_USDC_PERP+0.0104%1h0.2120+0.066%$130K$343K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2121+0.094%$2.3M$5.5M75xas long as short
Phoenix XLMlong+0.0264%1h0.2119long leg$4K$50K5x
dYdX XLM-USD+0.0275%1h0.2117−0.060%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2120+0.061%$219K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2119+0.008%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2120+0.077%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0591%1h0.2121+0.127%$12.1M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0835%1h0.2121+0.127%$526K$172K25xas long as short