Spread before costs (cost unknown: a leg has no order-book sample)−0.034%
7d average—if it closes, per $10,000$3funding while held, a day−$3.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XLM-USD | 0.2089 | 0.0100 | pay 0.0013% / 1h | 24m 39s | $438 | $5K | 5x |
| Short | GMX XLM/USD [WBTC.b-USDC] | 0.2088 | L +0.0183% / S +0.0025% | pay 0.0003% / 1h | 24m 39s | $46K | — | 100x |
SoDEX XLM-USD
GMX XLM/USD [WBTC.b-USDC]Price 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
- −$3.35
- Funding while held
- −$3.76
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$27.11
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0125%
- Per $10,000 a day
- −$3.76
- 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 GMX no order-book sample | — | — | — | — | — |
SoDEX and 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
edgeX0.2082+5.887%Variational Omni0.2084+6.001%ApeX Omni0.2085+6.043%Phoenix0.2085+6.058%SunX0.2086+6.104%
Injective
Variational Omni
ApeX Omni
Phoenix
SunXGMX0.2088+6.205%
gTrade (Gains Network)0.2088+6.222%Extended0.2088+6.227%dYdX0.2089+6.232%Bybit0.2089+6.241%
gTrade (Gains Network)
Extended
dYdX
BybitSoDEX0.2089+6.241%
Backpack0.2089+6.251%Phemex0.2089+6.251%Orderly0.2089+6.256%Kraken Futures0.2089+6.257%OKX0.2089+6.261%Gate0.2089+6.267%HTX0.2089+6.267%KuCoin0.2089+6.277%MEXC0.2089+6.282%BingX0.2089+6.282%Bitget0.2090+6.287%Binance0.2090+6.288%BloFin0.2090+6.292%Coinbase International0.2090+6.302%Deribit0.2090+6.317%Aster0.2091+6.358%Lighter0.2091+6.363%Hyperliquid0.2092+6.384%
Backpack
Phemex
Orderly
Kraken Futures
OKX
Gate
HTX
KuCoin
MEXC
BingX
Bitget
Binance
BloFin
Coinbase International
Deribit
Aster
Lighter
HyperliquidXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.874% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| edgeX XLMUSDC | −0.333% | +0.0100% | 4h | $14K | $287K | 10x | as long as short |
| Variational Omni XLM | −0.226% | +0.0100% | 8h | $286K | $640K | — | as long as short |
| ApeX Omni XLMUSDT | −0.187% | +0.0100% | 1h | $167K | $242K | 50x | as long as short |
| Phoenix XLM | −0.172% | +0.0153% | 1h | $13K | $34K | 5x | as long as short |
| SunX XLM-USDT | −0.129% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]short | −0.034% | L +0.0183% / S +0.0025% | 1h | $46K | — | 100x | |
| gTrade (Gains Network) XLM/USD | −0.018% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Extended XLM-USD | −0.013% | +0.0104% | 1h | $205K | $1.5M | 10x | as long as short |
| dYdX XLM-USD | −0.008% | +0.0147% | 1h | $24K | $1K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XLMUSDT | 0.000% | +0.0100% | 8h | $41.2M | $35.6M | 75x | as long as short |
| SoDEX XLM-USDlong | 0.000% | +0.0100% | 1h | $438 | $5K | 5x | |
| Backpack XLM_USDC_PERP | +0.010% | +0.0115% | 1h | $104K | $193K | 20x | as long as short |
| Phemex XLMUSDT | +0.010% | +0.0100% | 8h | $8.6M | $8.8M | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.014% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.015% | +0.0358% | 1h | $2.3M | $2.1M | 50x | as long as short |
| OKX XLM-USDT-SWAP | +0.019% | +0.0100% | 8h | $11.5M | $34.3M | 50x | as long as short |
| Gate XLM_USDT | +0.024% | +0.0100% | 8h | $3.7M | $6.1M | 75x | as long as short |
| HTX XLM-USDT | +0.024% | +0.0100% | 8h | $194K | $376K | 20x | as long as short |
| KuCoin XLMUSDTM | +0.034% | +0.0100% | 8h | $14.0M | $9.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.038% | +0.0100% | 8h | $26.1M | $23.6M | 300x | as long as short |
| BingX XLM-USDT | +0.038% | +0.0100% | 8h | — | $6.3M | — | as long as short |
| Bitget XLMUSDT | +0.043% | +0.0100% | 8h | $24.4M | $16.3M | 75x | as long as short |
| Binance XLMUSDT | +0.044% | +0.0100% | 8h | $51.0M | $133.9M | 75x | as long as short |
| BloFin XLM-USDT | +0.048% | +0.0220% | 8h | $2.2M | $5.7M | 75x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.057% | +0.0376% | 1h | $273K | $1.3M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.072% | +0.0468% | 1h | $519K | $138K | 25x | as long as short |
| Aster XLMUSDT | +0.110% | +0.0100% | 8h | $564K | $1.1M | 75x | as long as short |
| Lighter XLM | +0.115% | +0.0224% | 1h | $469K | $710K | 5x | as long as short |
| Hyperliquid XLM | +0.134% | +0.0232% | 1h | $11.2M | $5.4M | 5x | as long as short |