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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Extended+0.497%92s7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.497%, 7d avg +0.052%
Together, before fees+0.096%+ Points / potential airdropExtended: Active · farm board+$10 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 0.444% dearer against Extended than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XLM-USD0.21170.0104pay 0.0013% / 1h38m 03s$190K$1.4M10x
ShortApeX Omni XLMUSDT0.21270.0100get 0.0013% / 1h38m 03s$170K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: +0.497% → +0.052%
$44.43
Slippage, 4 orders
−$24.55
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$4.03
Costs to cover
0.396%
Break-even
from the start
Slippage from Extended: live order book, 5 min ago; ApeX Omni: live order book, 64 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 Extended live order book, 5 min ago4.23 bp7.9 bp −$817.3 bp −$173doesn't fitdoesn't fit
Sell ApeX Omni live order book, 64 min ago3.77 bp12.7 bp −$13106.0 bp −$1,060doesn'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%1h0.2118+0.046%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.388%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2121+0.180%$365K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119+0.126%$563K$595K75xas long as short
Binance XLMUSDT+0.0100%8h0.2118+0.048%$54.3M$160.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117+0.010%$42.9M$46.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2118+0.043%$12.1M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2116−0.033%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2118+0.043%$24.2M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117+0.029%$14.0M$9.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117−0.009%$25.4M$22.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2117+0.010%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2127+0.486%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2128+0.528%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2127+0.502%$588K$577K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2127+0.497%$170K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2119+0.104%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119+0.114%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119+0.081%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2121+0.213%$195K$231K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2118+0.076%$8.7M$9.0M50xas long as short
Extended XLM-USDlong+0.0104%1h0.2117long leg$190K$1.4M10x
BloFin XLM-USDT+0.0220%8h0.2124+0.317%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2129+0.563%$4K$50K5xas long as short
Backpack XLM_USDC_PERP+0.0276%1h0.2118+0.038%$129K$346K20xas long as short
dYdX XLM-USD+0.0320%1h0.2121+0.215%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2118+0.076%$220K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2118+0.044%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0550%1h0.2118+0.074%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0576%1h0.2120+0.147%$12.1M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0694%1h0.2120+0.171%$526K$172K25xas long as short