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: ApeX Omni against Phemex−0.394%77s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.457% 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 4 days (all we have)+0.371%+$37 · spread now −0.394%, 7d avg +0.005%
Together, before fees+0.469%+$47 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: ApeX Omni is 0.399% cheaper against Phemex than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XLMUSDT0.21320.0100pay 0.0100% / 8h48m 22s$8.7M$9.0M50x
ShortApeX Omni XLMUSDT0.21240.0100get 0.0013% / 1h48m 22s$170K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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: −0.394% → +0.005%
−$39.87
Slippage, 4 orders
−$23.69
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$85.55
Costs to cover
0.457%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; ApeX Omni: live order book, 54 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 Phemex live order book, 6 min ago4.71 bp10.7 bp −$1116.8 bp −$168doesn't fitdoesn't fit
Sell ApeX Omni live order book, 54 min ago3.77 bp12.7 bp −$13106.0 bp −$1,060doesn'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%1h0.2129−0.123%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.333%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2135+0.122%$368K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2129−0.129%$565K$615K75xas long as short
Binance XLMUSDT+0.0100%8h0.2131−0.039%$54.7M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2129−0.131%$43.2M$47.1M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2131−0.052%$12.2M$44.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2130−0.117%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2130−0.084%$24.4M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2130−0.117%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2131−0.042%$25.6M$22.7M75xas long as short
BingX XLM-USDC+0.0100%8h0.2130−0.075%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2120−0.563%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2123−0.422%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2121−0.535%$586K$597K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2124−0.394%$170K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2130−0.098%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2131−0.038%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2132−0.014%$581$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2129−0.141%$196K$249K20xas long as short
Phemex XLMUSDTlong+0.0100%8h0.2132long leg$8.7M$9.0M50x
Extended XLM-USD+0.0104%1h0.2131−0.038%$190K$1.4M10xas long as short
BloFin XLM-USDT+0.0220%8h0.2127−0.253%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2124−0.356%$4K$50K5xas long as short
Backpack XLM_USDC_PERP+0.0278%1h0.2127−0.220%$130K$347K20xas long as short
dYdX XLM-USD+0.0280%1h0.2127−0.223%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2115−0.793%$220K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2125−0.333%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0547%1h0.2132−0.021%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0646%1h0.2132+0.009%$12.2M$6.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.1064%1h0.2133+0.038%$529K$172K25xas long as short