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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bybit−0.348%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 4 days (all we have)+0.386%+$39 · spread now −0.348%, 7d avg +0.050%
Together, before fees+0.431%+$43 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: ApeX Omni is 0.397% cheaper against Bybit than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLMUSDT0.21290.0100pay 0.0100% / 8h4h 40m$43.0M$45.6M75x
ShortApeX Omni XLMUSDT0.21220.0100get 0.0013% / 1h40m 57s$170K$258K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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: −0.348% → +0.050%
−$39.74
Slippage, 4 orders
−$21.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$82.55
Costs to cover
0.428%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 16 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 Bybit live order book, 3 min ago2.35 bp9.2 bp −$915.6 bp −$15657.6 bp −$5,757doesn't fit
Sell ApeX Omni live order book, 16 min ago1.88 bp9.2 bp −$995.7 bp −$957doesn'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%1h0.2124−0.209%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.183%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2128−0.047%$372K$962K5xas long as short
Hyperliquid XLM+0.0100%1h0.2130+0.047%$12.2M$6.2M5xas long as short
Aster XLMUSDT+0.0100%8h0.2126−0.152%$565K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2130+0.057%$54.4M$154.9M75xas long as short
Bybit XLMUSDTlong+0.0100%8h0.2129long leg$43.0M$45.6M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2130+0.047%$12.5M$42.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2127−0.103%$4.0M$6.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2126−0.132%$23.7M$26.8M300xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLMUSDTM+0.0100%8h0.2126−0.132%$14.0M$9.7M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2129+0.014%$25.6M$21.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2127−0.070%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2127−0.103%$95K$274K20xas long as short
Variational Omni XLM+0.0100%8h0.2124−0.225%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126−0.156%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2123−0.254%$592K$595K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2122−0.348%$170K$258K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126−0.136%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2122−0.348%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2126−0.146%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2123−0.277%$196K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127−0.099%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2130+0.032%$189K$1.8M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2125−0.197%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0225%1h0.2123−0.268%$5K$46K5xas long as short
dYdX XLM-USD+0.0259%1h0.2123−0.297%$23K$2K10xas long as short
Kraken Futures PF_XLMUSD+0.0265%1h0.2126−0.152%$2.6M$2.6M50xas long as short
Coinbase International XLM-PERP-INTX+0.0480%1h0.2126−0.136%$238K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2124−0.254%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1114%1h0.2128−0.028%$528K$153K25xas long as short