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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against ApeX Omni+0.085%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.085%, 7d avg −0.017%
Together, before fees−0.036%+ Points / potential airdropedgeX: Active · farm board−$4 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: edgeX is 0.103% dearer against ApeX Omni than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.20940.0100pay 0.0013% / 1h25m 02s$168K$264K50x
ShortedgeX XLMUSDC0.20960.0100get 0.0050% / 4h2h 25m$12K$306K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.085% → −0.017%
$10.26
Slippage, 4 orders
−$19.8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$28.54
Costs to cover
0.388%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 22 min ago; edgeX: live order book, 23 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, 22 min ago6.38 bp13.5 bp −$1393.4 bp −$934doesn't fitdoesn't fit
Sell edgeX live order book, 23 min ago1.18 bp5.9 bp −$656.4 bp −$564doesn'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%1h0.2103+0.406%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.471%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2106+0.549%$352K$991K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100+0.274%$556K$630K75xas long as short
Binance XLMUSDT+0.0100%8h0.2101+0.339%$53.7M$161.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2100+0.272%$42.3M$47.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2101+0.306%$12.2M$43.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2100+0.301%$3.9M$7.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2101+0.329%$24.1M$28.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2103+0.435%$13.7M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2100+0.263%$25.3M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2100+0.258%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2101+0.339%$130K$314K20xas long as short
Variational Omni XLM+0.0100%8h0.2097+0.141%$250K$1.3Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2096+0.085%$12K$306K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2101+0.322%$582K$615K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2094long leg$168K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2104+0.468%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2101+0.344%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2103+0.415%$573$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2102+0.363%$194K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2102+0.353%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2103+0.409%$188K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0144%1h0.2102+0.394%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0160%1h0.2101+0.344%$11.9M$6.5M5xas long as short
dYdX XLM-USD+0.0198%1h0.2101+0.304%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2102+0.358%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0226%1h0.2097+0.124%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.20940.000%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0228%1h0.2103+0.405%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1082%1h0.2105+0.530%$522K$163K25xas long as short