XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0364%/8h= +39.9% APRnext payment +$0.46 per $10,000 · paid last 24h +0.095%

Price spread now: Coinbase International against ApeX Omni+0.418%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.418%, 7d avg +0.061%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.357% dearer against ApeX Omni than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.061%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.189% in total (about 9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XLMUSDT	0.2127	0.0100	pay 0.0013% / 1h	32m 53s	$170K	$257K	50x
Short	Coinbase International XLM-PERP-INTX	0.2136	0.0464	get 0.0058% / 1h	32m 53s	$241K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.418%Rate

Funding earned: $76.44
Price spread: +0.418% → +0.061%: $35.75
Slippage, 4 orders: −$35.16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $57.02
Costs to cover: 0.552%
Break-even: 1.8 days

Slippage from ApeX Omni: live order book, 29 min ago; Coinbase International: live order book, 1 min ago.

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 ApeX Omni live order book, 29 min ago	6.13 bp	13.2 bp −$13	103.8 bp −$1,038	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.98 bp	14.0 bp −$14	18.5 bp −$185	doesn't fit	doesn't fit

XLM on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2131	+0.156%	$4K	—	150x	as long as short
Lighter XLM	+0.0096%	1h	0.2136	+0.428%	$359K	$902K	5x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2136	+0.432%	$54.7M	$153.5M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2135	+0.367%	$43.2M	$45.7M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2136	+0.400%	$12.6M	$42.0M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2134	+0.306%	$4.1M	$6.7M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2136	+0.423%	$23.9M	$26.9M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2134	+0.338%	$14.1M	$9.9M	75x	as long as short
Bitget XLMUSDT	+0.0100%	8h	0.2136	+0.395%	$25.6M	$21.1M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2135	+0.385%	—	$6.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2135	+0.371%	$93K	$265K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2125	−0.099%	$254K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2127	−0.031%	$12K	$304K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2127	−0.001%	$589K	$598K	10x	as long as short
ApeX Omni XLMUSDTlong	+0.0100%	1h	0.2127	long leg	$170K	$257K	50x
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2131	+0.179%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2131	+0.193%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2134	+0.320%	$2K	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2130	+0.132%	$197K	$252K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2135	+0.353%	$9.0M	$8.9M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2135	+0.352%	$190K	$1.8M	10x	as long as short
Aster XLMUSDT	+0.0104%	8h	0.2135	+0.346%	$568K	$623K	75x	as long as short
dYdX XLM-USD	+0.0219%	1h	0.2129	+0.065%	$23K	$2K	10x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2134	+0.296%	$2.3M	$5.0M	75x	as long as short
Phoenix XLM	+0.0264%	1h	0.2127	0.000%	$5K	$46K	5x	as long as short
Hyperliquid XLM	+0.0455%	1h	0.2137	+0.470%	$12.4M	$6.2M	5x	as long as short
Kraken Futures PF_XLMUSD	+0.0460%	1h	0.2135	+0.362%	$2.6M	$2.7M	50x	as long as short
Coinbase International XLM-PERP-INTXshort	+0.0464%	1h	0.2136	+0.418%	$241K	$1.5M	50x
GMX XLM/USD [WBTC.b-USDC]	L +0.0518% / S −0.0193%	1h	0.2131	+0.167%	$44K	—	100x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0970%	1h	0.2133	+0.291%	$529K	$153K	25x	as long as short
Injective XLM/USDC PERP	+0.1081%	1h	0.2125	−0.103%	$683	$241K	12x	as long as short