Spread before costs (cost unknown: a leg has no order-book sample)+0.092%
7d average—if it closes, per $10,000$9funding while held, a day+$11.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XLM-USD | 0.2074 | 0.0100 | pay 0.0013% / 1h | 44m 36s | $2K | $6K | 5x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2076 | 0.0473 | get 0.0059% / 1h | 44m 36s | $516K | $156K | 25x |
SoDEX XLM-USD
Deribit XLM_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.16
- Funding while held
- $11.19
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $5.35
- Spread needed to break even
- 0.150%
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 51 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0373%
- Per $10,000 a day
- +$11.19
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 51 min ago | 2.62 bp | 6.1 bp −$6 | 402.1 bp −$4,021 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
OKX0.2073+5.432%Bybit0.2073+5.443%dYdX0.2073+5.443%Bitget0.2073+5.453%BingX0.2073+5.458%Extended0.2073+5.465%KuCoin0.2074+5.468%MEXC0.2074+5.473%Binance0.2074+5.475%Gate0.2074+5.498%BloFin0.2074+5.498%
Injective
OKX
Bybit
dYdX
Bitget
BingX
Extended
KuCoin
MEXC
Binance
Gate
BloFinSoDEX0.2074+5.519%
GMX0.2075+5.524%SunX0.2075+5.524%Aster0.2075+5.528%gTrade (Gains Network)0.2075+5.542%Orderly0.2075+5.544%Hyperliquid0.2075+5.559%HTX0.2075+5.560%Phemex0.2075+5.560%Backpack0.2075+5.565%
GMX
SunX
Aster
gTrade (Gains Network)
Orderly
Hyperliquid
HTX
Phemex
BackpackDeribit0.2076+5.615%
Kraken Futures0.2077+5.621%Lighter0.2077+5.646%Variational Omni0.2079+5.726%ApeX Omni0.2082+5.890%Phoenix0.2084+5.982%edgeX0.2088+6.229%Coinbase International0.2091+6.368%
Kraken Futures
Lighter
Variational Omni
ApeX Omni
Phoenix
Coinbase InternationalXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.230% | +0.0033% | 1h | $786 | $77K | 12x | as long as short |
| OKX XLM-USDT-SWAP | −0.082% | +0.0100% | 8h | $11.6M | $35.5M | 50x | as long as short |
| Bybit XLMUSDT | −0.072% | +0.0100% | 8h | $41.2M | $37.2M | 75x | as long as short |
| dYdX XLM-USD | −0.072% | +0.0064% | 1h | $23K | $1K | 10x | as long as short |
| Bitget XLMUSDT | −0.063% | +0.0100% | 8h | $24.1M | $16.2M | 75x | as long as short |
| BingX XLM-USDC | −0.058% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| Extended XLM-USD | −0.051% | +0.0104% | 1h | $203K | $1.5M | 10x | as long as short |
| KuCoin XLMUSDTM | −0.048% | +0.0100% | 8h | $14.0M | $9.1M | 75x | as long as short |
| MEXC XLM_USDT | −0.043% | +0.0100% | 8h | $23.8M | $24.3M | 300x | as long as short |
| Binance XLMUSDT | −0.042% | +0.0100% | 8h | $52.0M | $137.7M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XLM_USDT | −0.019% | +0.0100% | 8h | $3.8M | $5.8M | 75x | as long as short |
| BloFin XLM-USDT | −0.019% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| SoDEX XLM-USDlong | 0.000% | +0.0100% | 1h | $2K | $6K | 5x | |
| GMX XLM/USD [WBTC.b-USDC] | +0.005% | L +0.0170% / S +0.0037% | 1h | $46K | — | 100x | as long as short |
| SunX XLM-USDT | +0.005% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Aster XLMUSDT | +0.009% | +0.0100% | 8h | $576K | $929K | 75x | as long as short |
| gTrade (Gains Network) XLM/USD | +0.022% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.024% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.038% | +0.0100% | 1h | $11.0M | $5.3M | 5x | as long as short |
| HTX XLM-USDT | +0.039% | +0.0100% | 8h | $194K | $264K | 20x | as long as short |
| Phemex XLMUSDT | +0.039% | +0.0100% | 8h | $8.5M | $8.8M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.043% | +0.0100% | 1h | $97K | $211K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.092% | +0.0473% | 1h | $516K | $156K | 25x | |
| Kraken Futures PF_XLMUSD | +0.097% | +0.0185% | 1h | $2.3M | $2.1M | 50x | as long as short |
| Lighter XLM | +0.121% | +0.0168% | 1h | $428K | $690K | 5x | as long as short |
| Variational Omni XLM | +0.196% | +0.0100% | 8h | $197K | $922K | — | as long as short |
| ApeX Omni XLMUSDT | +0.352% | +0.0100% | 1h | $167K | $244K | 50x | as long as short |
| Phoenix XLM | +0.439% | +0.0231% | 1h | $13K | $31K | 5x | as long as short |
| edgeX XLMUSDC | +0.673% | +0.0100% | 4h | $11K | $296K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.805% | +0.0400% | 1h | $259K | $1.4M | 50x | as long as short |