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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.023%
Price spread now: GMX against ApeX Omni−0.035%68s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 19 hours of funding at the current rate (+$4 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21280.0100pay 0.0013% / 1h57m 59s$170K$264K50x
ShortGMX XLM/USD [WBTC.b-USDC]0.2127L +0.0519% / S −0.0247%get 0.0031% / 1h57m 59s$39K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$30.79
Price spread: −0.035% → 0.000%
−$3.53
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$5.27
Costs to cover
0.220%
Break-even
5.8 days
Slippage unknown: ApeX Omni: live order book, 49 min ago; GMX: no order-book sample. Net counts fees only.

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, 49 min ago6.38 bp13.5 bp −$1393.4 bp −$934doesn't fitdoesn't fit
Sell GMX no order-book sample
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 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
dYdX XLM-USD0.0000%1h0.2128−0.001%$23K$2K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2126−0.055%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.122%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2130+0.094%$357K$930K5xas long as short
Aster XLMUSDT+0.0100%8h0.2126−0.072%$563K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2127−0.012%$54.7M$162.3M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2127−0.033%$43.1M$47.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2128+0.014%$12.3M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2126−0.071%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2129+0.075%$24.4M$28.3M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2128+0.033%$13.9M$9.4M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2127−0.019%$25.6M$22.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2128+0.024%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2126−0.070%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2128+0.019%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2128+0.001%$590K$602K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2128long leg$170K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2128+0.019%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2125−0.127%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127−0.038%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2129+0.047%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127−0.009%$8.8M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2128+0.004%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2124−0.150%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.2127−0.038%$4K$49K5xas long as short
Backpack XLM_USDC_PERP+0.0312%1h0.2127−0.024%$131K$329K20xas long as short
Kraken Futures PF_XLMUSD+0.0332%1h0.2127−0.013%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0404%1h0.2128+0.038%$12.1M$6.6M5xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2131+0.146%$223K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0519% / S −0.0247%1h0.2127−0.035%$39K100x
Deribit XLM_USDC-PERPETUAL+0.0879%1h0.2129+0.071%$528K$167K25xas long as short