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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against ApeX Omni−0.317%83s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 3 days (all we have)+0.285%+$28 · spread now −0.317%, 7d avg −0.021%
Together, before fees+0.274%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.296% cheaper against ApeX Omni than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21780.0100pay 0.0013% / 1h49m 58s$174K$256K50x
ShortBingX XLM-USDT0.21710.0100get 0.0100% / 8h49m 58s$7.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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
Price spread: −0.317% → −0.021%
−$29.61
Slippage, 4 orders
−$15.18
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.78
Costs to cover
0.352%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 27 min ago3.69 bp10.4 bp −$1084.0 bp −$840doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago0.23 bp7.0 bp −$711.5 bp −$11526.2 bp −$2,620119.9 bp −$59.9K

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
Injective XLM/USDC PERP−0.5000%1h0.2046−6.056%$6K$238K12xas long as short
dYdX XLM-USD0.0000%1h0.2173−0.238%$24K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2173−0.243%$4K150xas long as short
Aster XLMUSDT+0.0100%8h0.2174−0.158%$583K$785K75xas long as short
Binance XLMUSDT+0.0100%8h0.2172−0.269%$56.3M$151.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2171−0.308%$44.2M$43.9M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2171−0.308%$13.2M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2171−0.312%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2172−0.257%$25.9M$25.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2172−0.285%$14.6M$10.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2171−0.298%$25.8M$19.2M75xas long as short
BingX XLM-USDTshort+0.0100%8h0.2171−0.317%$7.0M
Variational Omni XLM+0.0100%8h0.2175−0.123%$258K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2170−0.355%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2175−0.139%$602K$633K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2178long leg$174K$256K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2172−0.271%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2160−0.826%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2171−0.312%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2174−0.161%$201K$261K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2172−0.294%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2172−0.289%$194K$1.6M10xas long as short
Backpack XLM_USDC_PERP+0.0150%1h0.2172−0.285%$98K$265K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2174−0.179%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0222%1h0.2175−0.110%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0317% / S −0.0167%1h0.2172−0.265%$45K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0395%1h0.2173−0.202%$539K$160K25xas long as short
Kraken Futures PF_XLMUSD+0.0411%1h0.2172−0.288%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2175−0.138%$234K$1.5M50xas long as short
Hyperliquid XLM+0.0565%1h0.2173−0.202%$12.4M$6.1M5xas long as short
Lighter XLM+0.0592%1h0.2175−0.138%$420K$809K5xas long as short