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% APRpaid last 24h 0.000%
Price spread now: Bybit against ApeX Omni−0.071%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.468% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.538%−$54 · spread now −0.071%, 7d avg −0.047%
Together, before fees−0.583%−$58 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: Bybit is 0.023% cheaper against ApeX Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21140.0100pay 0.0013% / 1h25m 23s$169K$264K50x
ShortBybit XLMUSDT0.21120.0100get 0.0100% / 8h25m 23s$42.9M$46.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. 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: −0.071% → −0.047%
−$2.35
Slippage, 4 orders
−$25.83
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$49.17
Costs to cover
0.468%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 12 min ago; Bybit: live order book, 8 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 ApeX Omni live order book, 12 min ago6.39 bp14.4 bp −$1498.2 bp −$982doesn't fitdoesn't fit
Sell Bybit live order book, 8 min ago2.37 bp8.0 bp −$816.5 bp −$16556.2 bp −$5,623doesn'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%1h0.2111−0.098%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.544%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2114+0.028%$365K$942K5xas long as short
Aster XLMUSDT+0.0100%8h0.2113−0.028%$560K$596K75xas long as short
Binance XLMUSDT+0.0100%8h0.2112−0.047%$54.2M$159.6M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2112−0.071%$42.9M$46.5M75x
OKX XLM-USDT-SWAP+0.0100%8h0.21140.000%$12.1M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2110−0.142%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2112−0.047%$24.1M$29.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2112−0.047%$14.0M$9.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2112−0.062%$25.4M$22.6M75xas long as short
BingX XLM-USDC+0.0100%8h0.2112−0.047%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2110−0.160%$251K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114+0.026%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2112−0.066%$584K$562K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2114long leg$169K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2111−0.118%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2109−0.237%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2112−0.095%$575$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2114+0.033%$195K$221K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2112−0.090%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2112−0.087%$189K$1.3M10xas long as short
Backpack XLM_USDC_PERP+0.0127%1h0.2111−0.114%$129K$343K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2113−0.014%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0264%1h0.2115+0.071%$4K$50K5xas long as short
dYdX XLM-USD+0.0269%1h0.2110−0.182%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2114+0.019%$219K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2111−0.103%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0552%1h0.2111−0.098%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0580%1h0.2115+0.085%$12.1M$6.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0934%1h0.2113−0.019%$524K$172K25xas long as short