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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against ApeX Omni−0.166%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1551.547% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 3 days (all we have)+0.355%+$35 · spread now −0.166%, 7d avg +0.044%
Together, before fees+0.392%+$39 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: SunX is 0.210% cheaper against ApeX Omni than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21640.0100pay 0.0013% / 1h35m 02s$173K$258K50x
ShortSunX XLM-USDT0.21610.0100get 0.0100% / 8h7h 35m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.166% → +0.044%
−$21.04
Slippage, 4 orders
−$136.71
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$175.74
Costs to cover
1.547%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 37 min ago; SunX: live order book, 10 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, 37 min ago6.28 bp13.8 bp −$1492.0 bp −$920doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago29.87 bp77.3 bp −$77doesn't fitdoesn'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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.337%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2162−0.089%$4K150xas long as short
dYdX XLM-USD+0.0034%1h0.2165+0.023%$23K$2K10xas long as short
Lighter XLM+0.0096%1h0.2166+0.074%$399K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2164−0.023%$55.9M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2163−0.065%$44.1M$44.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2163−0.069%$13.2M$41.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2163−0.079%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2163−0.037%$25.0M$26.4M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2163−0.065%$14.4M$10.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2163−0.065%$25.7M$19.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2163−0.055%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2163−0.046%$88K$269K20xas long as short
Variational Omni XLM+0.0100%8h0.2166+0.086%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2162−0.088%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2160−0.208%$609K$619K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2164long leg$173K$258K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2164−0.014%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2161−0.166%$2K$1.7M20x
SoDEX XLM-USD+0.0100%1h0.2163−0.051%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2165+0.037%$200K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2164−0.028%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2163−0.081%$193K$1.6M10xas long as short
Aster XLMUSDT+0.0127%8h0.2166+0.097%$581K$689K75xas long as short
Kraken Futures PF_XLMUSD+0.0183%1h0.2163−0.070%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2163−0.042%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2161−0.143%$5K$42K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2162−0.120%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2167+0.143%$229K$1.5M50xas long as short
Hyperliquid XLM+0.0508%1h0.2166+0.097%$12.5M$6.2M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0721%1h0.2165+0.023%$537K$156K25xas long as short