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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX+0.005%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$13 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.005%, 7d avg +0.003%
Together, before fees−0.112%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XLM-USDT0.21240.0100pay 0.0100% / 8h3h 02m$196K$250K20x
ShortPhemex XLMUSDT0.21240.0100get 0.0100% / 8h3h 02m$8.9M$9.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against HTX. 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: +0.005% → +0.003%
$0.18
Slippage, 4 orders
−$57.95
Fee HTX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$81.77
Costs to cover
0.819%
Break-even
never at this rate
Slippage from HTX: live order book, 50 min ago; Phemex: live order book, 2 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 HTX live order book, 50 min ago13.29 bp30.1 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago3.06 bp10.5 bp −$1121.6 bp −$216doesn'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%1h0.2122−0.102%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.057%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2126+0.099%$373K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2123−0.050%$563K$624K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.101%$54.3M$158.7M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2120−0.165%$42.9M$46.3M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2120−0.160%$12.4M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2122−0.080%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.21240.000%$25.4M$27.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2123−0.057%$13.9M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2121−0.127%$25.6M$22.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2122−0.104%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2125+0.063%$254K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2126+0.104%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2125+0.055%$595K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2127+0.132%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123−0.038%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2120−0.179%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123−0.028%$578$6K5xas long as short
HTX XLM-USDTlong+0.0100%8h0.2124long leg$196K$250K20x
Phemex XLMUSDTshort+0.0100%8h0.2124+0.005%$8.9M$9.0M50x
Extended XLM-USD+0.0104%1h0.2122−0.074%$190K$1.8M10xas long as short
Hyperliquid XLM+0.0177%1h0.2122−0.066%$12.2M$6.4M5xas long as short
Kraken Futures PF_XLMUSD+0.0186%1h0.2123−0.046%$2.6M$2.7M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2123−0.033%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2127+0.146%$5K$46K5xas long as short
dYdX XLM-USD+0.0353%1h0.2121−0.138%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0367%1h0.2123−0.042%$127K$294K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2124+0.033%$239K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2122−0.089%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1022%1h0.2125+0.042%$527K$162K25xas long as short