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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni+0.105%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.105%, 7d avg −0.010%
Together, before fees−0.180%−$18 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: Phemex is 0.115% dearer against ApeX Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21030.0100pay 0.0013% / 1h23m 01s$168K$256K50x
ShortPhemex XLMUSDT0.21050.0100get 0.0100% / 8h4h 23m$8.7M$8.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.105% → −0.010%
$11.5
Slippage, 4 orders
−$19.22
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$29.72
Costs to cover
0.412%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 8 min ago; Phemex: live order book, 5 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, 8 min ago4.53 bp11.6 bp −$1295.6 bp −$956doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago0.71 bp9.8 bp −$1016.5 bp −$165doesn'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%1h0.2105+0.088%$10K150xas long as short
dYdX XLM-USD+0.0040%1h0.2102−0.039%$23K$3K10xas long as short
Binance XLMUSDT+0.0100%8h0.2105+0.095%$53.4M$138.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2105+0.086%$42.7M$38.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2104+0.029%$11.7M$37.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2105+0.076%$3.9M$5.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2105+0.086%$23.9M$24.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2105+0.076%$14.1M$9.5M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2105+0.076%$24.9M$16.7M75xas long as short
BingX XLM-USDT+0.0100%8h0.2105+0.076%$6.8Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2105+0.086%$99K$202K20xas long as short
Variational Omni XLM+0.0100%8h0.2096−0.310%$202K$928Kas long as short
edgeX XLMUSDC+0.0100%4h0.2103−0.010%$11K$296K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2106+0.151%$581K$569K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2103long leg$168K$256K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2105+0.095%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2107+0.200%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2104+0.071%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2104+0.033%$196K$270K20xas long as short
Phemex XLMUSDTshort+0.0100%8h0.2105+0.105%$8.7M$8.7M50x
Aster XLMUSDT+0.0102%8h0.2107+0.169%$585K$763K75xas long as short
Extended XLM-USD+0.0104%1h0.2104+0.056%$205K$1.5M10xas long as short
Phoenix XLM+0.0153%1h0.2104+0.038%$5K$40K5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0157% / S +0.0049%1h0.2104+0.050%$46K100xas long as short
BloFin XLM-USDT+0.0220%8h0.2105+0.105%$2.2M$6.1M75xas long as short
Injective XLM/USDC PERP+0.0252%1h0.2104+0.048%$471$99K12xas long as short
Kraken Futures PF_XLMUSD+0.0349%1h0.2105+0.106%$2.5M$2.1M50xas long as short
Coinbase International XLM-PERP-INTX+0.0424%1h0.2107+0.176%$251K$1.4M50xas long as short
Hyperliquid XLM+0.0453%1h0.2106+0.162%$11.4M$5.5M5xas long as short
Lighter XLM+0.0512%1h0.2109+0.266%$430K$671K5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0605%1h0.2107+0.176%$523K$152K25xas long as short