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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against Phemex0.000%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XLMUSDT0.21180.0100pay 0.0100% / 8h7h 45m$8.7M$8.8M50x
ShortOrderly PERP_XLM_USDC_mythos0.21180.0100get 0.0050% / 4h3h 45m$3K$24710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Phemex. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; Orderly: no order-book sample. 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 Phemex live order book, 4 min ago3.54 bp13.0 bp −$1319.9 bp −$199doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 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%1h0.2117−0.024%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.331%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2120+0.113%$365K$917K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119+0.026%$561K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2118−0.022%$55.2M$161.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2117−0.047%$43.5M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2118−0.019%$12.1M$45.1M50xas long as short
Gate XLM_USDT+0.0100%8h0.2117−0.071%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2117−0.033%$24.4M$28.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117−0.028%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117−0.061%$25.6M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2117−0.042%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2118−0.005%$129K$347K20xas long as short
Variational Omni XLM+0.0100%8h0.2116−0.087%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120+0.106%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2120+0.092%$591K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2120+0.076%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.21180.000%$3K$24710x
SunX XLM-USDT+0.0100%8h0.2115−0.142%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2118−0.019%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2118−0.014%$195K$219K20xas long as short
Phemex XLMUSDTlong+0.0100%8h0.2118long leg$8.7M$8.8M50x
Extended XLM-USD+0.0104%1h0.2117−0.045%$189K$1.0M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2119+0.033%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2121+0.137%$4K$56K5xas long as short
dYdX XLM-USD+0.0244%1h0.2118−0.017%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2121+0.151%$218K$1.7M50xas long as short
Kraken Futures PF_XLMUSD+0.0341%1h0.2118−0.003%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0431%1h0.2120+0.101%$12.1M$6.4M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2116−0.072%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0695%1h0.2119+0.052%$526K$149K25xas long as short