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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against ApeX Omni−0.315%90s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.315%, 7d avg −0.038%
Together, before fees+0.168%+$17 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: OKX is 0.277% cheaper against ApeX Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.038%. The two prices were read 90 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% / 1h55m 56s$170K$264K50x
ShortOKX XLM-USDT-SWAP0.21210.0100get 0.0100% / 8h1h 55m$12.3M$44.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.315% → −0.038%
−$27.7
Slippage, 4 orders
−$25.13
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$72.82
Costs to cover
0.451%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 51 min ago; OKX: live order book, 3 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, 51 min ago6.38 bp13.5 bp −$1393.4 bp −$934doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.23 bp8.6 bp −$918.6 bp −$186doesn'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%1h0.2121−0.330%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.122%$683$241K12xas long as short
dYdX XLM-USD+0.0065%1h0.2121−0.330%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2124−0.179%$356K$930K5xas long as short
Aster XLMUSDT+0.0100%8h0.2122−0.244%$562K$633K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.272%$54.5M$162.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2120−0.343%$43.0M$47.7M75xas long as short
OKX XLM-USDT-SWAPshort+0.0100%8h0.2121−0.315%$12.3M$44.5M50x
Gate XLM_USDT+0.0100%8h0.2119−0.385%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.268%$25.2M$28.4M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2121−0.301%$13.9M$9.4M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2121−0.310%$25.5M$22.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2121−0.310%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2126−0.070%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2124−0.170%$12K$306K10xas 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%4h0.2121−0.310%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.390%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2120−0.334%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.353%$195K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122−0.282%$8.8M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2121−0.314%$189K$1.8M10xas long as short
Backpack XLM_USDC_PERP+0.0206%1h0.2122−0.268%$131K$329K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2126−0.066%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.2127−0.038%$4K$49K5xas long as short
Hyperliquid XLM+0.0301%1h0.2123−0.197%$12.1M$6.6M5xas long as short
Kraken Futures PF_XLMUSD+0.0332%1h0.2121−0.298%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2123−0.202%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121−0.320%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0882%1h0.2123−0.202%$526K$167K25xas long as short