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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against ApeX Omni+0.312%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.921%−$92 · spread now +0.312%, 7d avg −0.047%
Together, before fees−0.966%−$97 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: Bybit is 0.359% dearer against ApeX Omni than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21180.0100pay 0.0013% / 1h57m 27s$170K$264K50x
ShortBybit XLMUSDT0.21250.0100get 0.0100% / 8h7h 57m$43.4M$46.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.312% → −0.047%
$35.9
Slippage, 4 orders
−$28.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$13.73
Costs to cover
0.496%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 39 min ago; Bybit: live order book, 1 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, 39 min ago6.39 bp14.4 bp −$1498.2 bp −$982doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.35 bp9.0 bp −$917.6 bp −$17685.5 bp −$8,546doesn't fit

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
Phemex XLMUSDT−0.1294%8h0.2122+0.194%$8.7M$8.9M50xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2124+0.287%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.312%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2126+0.368%$366K$916K5xas long as short
Aster XLMUSDT+0.0100%8h0.2125+0.308%$563K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2126+0.355%$55.0M$159.8M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2125+0.312%$43.4M$46.3M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2125+0.330%$12.1M$45.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2123+0.236%$3.9M$7.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2126+0.345%$24.5M$28.6M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2126+0.345%$14.1M$9.2M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2125+0.326%$25.6M$22.9M75xas long as short
BingX XLM-USDC+0.0100%8h0.2124+0.269%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2122+0.175%$130K$344K20xas long as short
Variational Omni XLM+0.0100%8h0.2119+0.038%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119+0.051%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2122+0.154%$591K$551K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2118long leg$170K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2124+0.264%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2122+0.146%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2122+0.179%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2123+0.227%$196K$220K20xas long as short
Extended XLM-USD+0.0104%1h0.2124+0.277%$189K$1.1M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2120+0.066%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0264%1h0.2122+0.184%$4K$56K5xas long as short
dYdX XLM-USD+0.0306%1h0.2123+0.202%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2121+0.123%$219K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0340%1h0.2123+0.205%$2.6M$2.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2122+0.186%$39K100xas long as short
Hyperliquid XLM+0.0551%1h0.2128+0.434%$12.2M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0928%1h0.2125+0.330%$527K$156K25xas long as short