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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni+0.511%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$620.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.600%−$60 · spread now +0.511%, 7d avg −0.055%
Together, before fees−0.555%+ Points / potential airdropExtended: Active · farm board−$55 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: Extended is 0.566% dearer against ApeX Omni than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21270.0100pay 0.0013% / 1h31m 24s$170K$257K50x
ShortExtended XLM-USD0.21380.0104get 0.0013% / 1h31m 24s$190K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.511% → −0.055%
$56.58
Slippage, 4 orders
−$47.39
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$4.97
Costs to cover
0.624%
Break-even
48.4 days
Slippage from ApeX Omni: live order book, 30 min ago; Extended: live order book, 2 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, 30 min ago6.13 bp13.2 bp −$13103.8 bp −$1,038doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.70 bp3.6 bp −$411.3 bp −$113doesn't fitdoesn'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
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2139+0.572%$4K150xas long as short
Lighter XLM+0.0096%1h0.2140+0.588%$359K$903K5xas long as short
Binance XLMUSDT+0.0100%8h0.2141+0.648%$54.9M$153.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2141+0.649%$43.3M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2141+0.635%$12.6M$42.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2139+0.550%$4.1M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2139+0.569%$24.0M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2138+0.522%$14.1M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2138+0.527%$25.6M$21.1M75xas long as short
BingX XLM-USDT+0.0100%8h0.2141+0.635%$7.0Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2135+0.353%$98K$272K20xas long as short
Variational Omni XLM+0.0100%8h0.2125−0.099%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2131+0.169%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2136+0.392%$591K$585K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2127long leg$170K$257K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2141+0.649%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2133+0.263%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2134+0.315%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2135+0.367%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2134+0.338%$9.0M$8.9M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2138+0.511%$190K$1.8M10x
Aster XLMUSDT+0.0109%8h0.2139+0.574%$569K$624K75xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.296%$2.3M$5.0M75xas long as short
dYdX XLM-USD+0.0220%1h0.2137+0.475%$23K$2K10xas long as short
Phoenix XLM+0.0264%1h0.21270.000%$5K$46K5xas long as short
Hyperliquid XLM+0.0453%1h0.2140+0.621%$12.4M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0461%1h0.2134+0.306%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2135+0.390%$230K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0193%1h0.2139+0.574%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0875%1h0.2135+0.390%$530K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.103%$683$241K12xas long as short