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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni−0.164%52s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.164%, 7d avg −0.014%
Together, before fees+0.026%+$3 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: KuCoin is 0.150% cheaper against ApeX Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21350.0100pay 0.0013% / 1h4m 36s$171K$257K50x
ShortKuCoin XLMUSDTM0.21320.0100get 0.0100% / 8h5h 04m$14.1M$9.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.164% → −0.014%
−$14.96
Slippage, 4 orders
−$38.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$75.45
Costs to cover
0.605%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 57 min ago; KuCoin: live order book, 4 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, 57 min ago6.13 bp13.2 bp −$13103.8 bp −$1,038doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago2.11 bp17.0 bp −$1738.3 bp −$383doesn'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%1h0.2129−0.269%$4K150xas long as short
Lighter XLM+0.0096%1h0.2134−0.080%$373K$923K5xas long as short
Aster XLMUSDT+0.0100%8h0.2132−0.157%$568K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2131−0.192%$54.5M$154.8M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2130−0.244%$43.0M$45.8M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2130−0.234%$12.5M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2132−0.150%$4.1M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2131−0.192%$23.9M$27.2M300xas long as short
KuCoin XLMUSDTMshort+0.0100%8h0.2132−0.164%$14.1M$9.8M75x
Bitget XLMUSDT+0.0100%8h0.2130−0.234%$25.6M$21.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XLM-USDT+0.0100%8h0.2130−0.244%$7.0Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2132−0.173%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2129−0.286%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2133−0.102%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2135−0.023%$595K$595K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2135long leg$171K$257K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2130−0.244%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2129−0.286%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2130−0.244%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2130−0.244%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2132−0.173%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2130−0.234%$190K$1.8M10xas long as short
dYdX XLM-USD+0.0197%1h0.2130−0.258%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2130−0.225%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2133−0.084%$5K$46K5xas long as short
Hyperliquid XLM+0.0309%1h0.2134−0.056%$12.3M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0462%1h0.2130−0.254%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2133−0.108%$238K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0193%1h0.2129−0.297%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0642%1h0.2131−0.192%$529K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.478%$683$241K12xas long as short