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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0450%/8h= −49.3% APRnext payment $0.56 per $10,000 · paid last 24h −0.081%
Price spread now: ApeX Omni against GMX+0.217%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.217% dearer against GMX than usual: you sell high and buy low (spread +0.217% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2121L +0.0550% / S −0.0272%pay 0.0069% / 1h18m 07s$42K100x
ShortApeX Omni XLMUSDT0.21250.0100get 0.0013% / 1h18m 07s$170K$251K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$94.46
Price spread: +0.217% → 0.000%
$21.74
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$94.73
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell ApeX Omni live order book, 31 min ago3.78 bp12.2 bp −$1288.5 bp −$885doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2121+0.001%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.194%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2125+0.194%$372K$861K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123+0.099%$563K$492K75xas long as short
Binance XLMUSDT+0.0100%8h0.2123+0.081%$54.9M$149.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2122+0.052%$44.0M$42.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122+0.062%$12.3M$43.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122+0.043%$4.0M$7.0M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2123+0.099%$24.3M$28.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123+0.104%$13.8M$8.7M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2122+0.071%$25.9M$22.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2122+0.076%$6.8Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2123+0.104%$120K$317K20xas long as short
Variational Omni XLM+0.0100%8h0.2123+0.103%$255K$1.2Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126+0.236%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.158%$586K$530K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2125+0.217%$170K$251K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123+0.099%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2123+0.090%$1K$1.4M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123+0.118%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2124+0.137%$189K$206K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122+0.076%$8.7M$8.7M50xas long as short
Extended XLM-USD+0.0104%1h0.2123+0.088%$190K$627K10xas long as short
Phoenix XLM+0.0150%1h0.2125+0.199%$4K$47K5xas long as short
BloFin XLM-USDT+0.0220%8h0.2123+0.109%$2.3M$5.3M75xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2123+0.099%$211K$1.4M50xas long as short
Hyperliquid XLM+0.0413%1h0.2124+0.156%$12.3M$5.6M5xas long as short
Kraken Futures PF_XLMUSD+0.0485%1h0.2123+0.113%$2.6M$2.4M50xas long as short
dYdX XLM-USD+0.0513%1h0.2121+0.016%$27K$5K10xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0550% / S −0.0272%1h0.2121long leg$42K100x
Deribit XLM_USDC-PERPETUAL+0.0881%1h0.2125+0.184%$526K$101K25xas long as short