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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.003%
Price spread now: Phoenix against edgeX+0.009%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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XLMUSDC0.21430.0100pay 0.0050% / 4h3h 31m$12K$298K10x
ShortPhoenix XLM0.21430.0188get 0.0024% / 1h31m 11s$5K$40K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against edgeX. 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
$18.58
Price spread: +0.009% → 0.000%
$0.92
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$3.5
Costs to cover
0.160%
Break-even
5.7 days
Slippage unknown: edgeX: live order book, 17 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 edgeX live order book, 17 min ago2.33 bp7.3 bp −$7doesn't fitdoesn'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
dYdX XLM-USD0.0000%1h0.2144+0.060%$23K$3K10xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2143+0.009%$10K150xas long as short
Binance XLMUSDT+0.0100%8h0.2144+0.049%$55.4M$144.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2143+0.014%$43.6M$39.6M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2142−0.023%$13.0M$40.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2143+0.028%$3.9M$5.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2144+0.047%$25.8M$24.8M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2143+0.005%$14.4M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2143+0.019%$25.4M$17.2M75xas long as short
BingX XLM-USDC+0.0100%8h0.2143+0.019%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLM+0.0100%8h0.2144+0.039%$216K$946Kas long as short
edgeX XLMUSDClong+0.0100%4h0.2143long leg$12K$298K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2145+0.116%$597K$583K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2141−0.061%$172K$255K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2143+0.014%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2141−0.070%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2144+0.037%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2144+0.061%$200K$271K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2144+0.061%$8.9M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2144+0.038%$196K$1.6M10xas long as short
Aster XLMUSDT+0.0110%8h0.2143+0.028%$590K$786K75xas long as short
Phoenix XLMshort+0.0188%1h0.2143+0.009%$5K$40K5x
BloFin XLM-USDT+0.0220%8h0.2144+0.056%$2.3M$6.3M75xas long as short
Backpack XLM_USDC_PERP+0.0225%1h0.2144+0.047%$94K$212K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0310% / S −0.0164%1h0.2143+0.024%$44K100xas long as short
Injective XLM/USDC PERP+0.0346%1h0.2123−0.920%$476$85K12xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2147+0.177%$236K$1.5M50xas long as short
Kraken Futures PF_XLMUSD+0.0401%1h0.2145+0.099%$2.6M$2.5M50xas long as short
Hyperliquid XLM+0.0564%1h0.2147+0.177%$11.9M$5.8M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0636%1h0.2145+0.117%$532K$166K25xas long as short
Lighter XLM+0.0912%1h0.2149+0.299%$427K$781K5xas long as short