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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.018%
Price spread now: Phoenix against ApeX Omni−0.066%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Phoenix is 0.066% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 42 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21210.0100pay 0.0013% / 1h47m 56s$170K$264K50x
ShortPhoenix XLM0.21200.0226get 0.0028% / 1h47m 56s$4K$49K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$26.46
Price spread: −0.066% → 0.000%
−$6.6
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$2.86
Costs to cover
0.170%
Break-even
6.2 days
Slippage unknown: ApeX Omni: live order book, 64 min ago; Phoenix: 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 ApeX Omni live order book, 64 min ago6.29 bp13.7 bp −$1497.2 bp −$972doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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%1h0.2119−0.076%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.184%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.061%$373K$959K5xas long as short
Aster XLMUSDT+0.0100%8h0.2119−0.090%$563K$625K75xas long as short
Binance XLMUSDT+0.0100%8h0.2119−0.085%$54.2M$159.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2118−0.146%$43.0M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119−0.094%$12.5M$43.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2119−0.108%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2119−0.104%$24.9M$27.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2119−0.104%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2119−0.104%$25.5M$22.5M75xas long as short
BingX XLM-USDC+0.0100%8h0.2119−0.094%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2120−0.033%$125K$295K20xas long as short
Variational Omni XLM+0.0100%8h0.2119−0.093%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2118−0.148%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2121+0.019%$594K$608K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2121long leg$170K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2121−0.005%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2119−0.123%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2120−0.047%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2121−0.014%$195K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2121−0.019%$8.9M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2118−0.140%$190K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0143%1h0.2121−0.016%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0169%1h0.2122+0.033%$12.1M$6.4M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2119−0.075%$2.3M$5.5M75xas long as short
Phoenix XLMshort+0.0226%1h0.2120−0.066%$4K$49K5x
dYdX XLM-USD+0.0248%1h0.2118−0.164%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2120−0.033%$228K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2120−0.066%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0882%1h0.2123+0.071%$526K$162K25xas long as short