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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni−0.057%77s7-day average −0.005% · 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−$460.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.057%, 7d avg −0.005%
Together, before fees+0.025%+$2 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: Phemex is 0.052% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21010.0100pay 0.0013% / 1h28m 16s$168K$252K50x
ShortPhemex XLMUSDT0.21000.0100get 0.0100% / 8h5h 28m$8.5M$8.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.057% → −0.005%
−$5.22
Slippage, 4 orders
−$24.28
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$51.51
Costs to cover
0.463%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 16 min ago; Phemex: 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, 16 min ago3.79 bp11.8 bp −$1292.3 bp −$923doesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago4.52 bp10.7 bp −$1117.0 bp −$170doesn't fitdoesn't fit

XLM on 31 exchanges

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%1h0.2099−0.103%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.137%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2101−0.014%$368K$806K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100−0.052%$557K$434K75xas long as short
Binance XLMUSDT+0.0100%8h0.2100−0.057%$54.3M$143.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2099−0.100%$43.5M$41.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2099−0.076%$12.2M$42.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2099−0.114%$3.9M$6.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2100−0.048%$24.2M$27.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2100−0.048%$13.9M$8.6M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2099−0.081%$25.6M$21.3M75xas long as short
BingX XLM-USDT+0.0100%8h0.2099−0.100%$6.8Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2098−0.157%$119K$297K20xas long as short
Variational Omni XLM+0.0100%8h0.2100−0.052%$250K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2101+0.017%$12K$311K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101−0.013%$587K$521K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2101long leg$168K$252K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2100−0.052%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2100−0.057%$1K$1.3M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2100−0.057%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2100−0.052%$189K$238K20xas long as short
Phemex XLMUSDTshort+0.0100%8h0.2100−0.057%$8.5M$8.4M50x
Extended XLM-USD+0.0104%1h0.2099−0.079%$187K$608K10xas long as short
Phoenix XLM+0.0150%1h0.2102+0.019%$4K$46K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2099−0.109%$2.3M$5.1M75xas long as short
Kraken Futures PF_XLMUSD+0.0258%1h0.2100−0.064%$2.5M$2.5M50xas long as short
Hyperliquid XLM+0.0295%1h0.2102+0.038%$12.4M$5.6M5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2102+0.043%$209K$1.3M50xas long as short
dYdX XLM-USD+0.0424%1h0.2098−0.135%$26K$5K10xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0510% / S −0.0245%1h0.2098−0.144%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0655%1h0.2101+0.014%$521K$103K25xas long as short