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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.341%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.341%, 7d avg +0.039%
Together, before fees−0.128%−$13 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 0.303% dearer against OKX than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XLM-USDT-SWAP0.21400.0100pay 0.0100% / 8h3h 27m$12.6M$43.3M50x
ShortApeX Omni XLMUSDT0.21470.0100get 0.0013% / 1h27m 17s$172K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.341% → +0.039%
$30.25
Slippage, 4 orders
−$30.24
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$19.99
Costs to cover
0.502%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; ApeX Omni: live order book, 24 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 OKX live order book, 1 min ago0.23 bp11.9 bp −$1222.4 bp −$224doesn't fitdoesn't fit
Sell ApeX Omni live order book, 24 min ago6.29 bp15.0 bp −$1595.0 bp −$950doesn'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%1h0.2139−0.019%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.692%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2143+0.150%$376K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2140+0.003%$569K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2140+0.029%$54.9M$157.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2139−0.023%$43.3M$46.0M75xas long as short
OKX XLM-USDT-SWAPlong+0.0100%8h0.2140long leg$12.6M$43.3M50x
Gate XLM_USDT+0.0100%8h0.2139−0.019%$4.1M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2140+0.033%$24.7M$27.2M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.21400.000%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2140−0.009%$25.9M$21.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2140+0.009%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2147+0.342%$257K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2147+0.342%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2145+0.266%$601K$618K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2147+0.341%$172K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2140+0.009%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2137−0.107%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2140−0.005%$583$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2140+0.009%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2140+0.033%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2139−0.034%$191K$1.8M10xas long as short
Hyperliquid XLM+0.0168%1h0.2142+0.089%$12.4M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2140+0.019%$2.6M$2.7M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2141+0.075%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2143+0.164%$5K$46K5xas long as short
dYdX XLM-USD+0.0278%1h0.2139−0.024%$23K$2K10xas long as short
Deribit XLM_USDC-PERPETUAL+0.0405%1h0.2140+0.028%$531K$154K25xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2146+0.304%$249K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0520% / S −0.0247%1h0.2139−0.045%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0561%1h0.2141+0.037%$128K$294K20xas long as short