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: edgeX against Phemex−0.169%78s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.169%, 7d avg −0.017%
Together, before fees+0.244%+ Points / potential airdropedgeX: Active · farm board+$24 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 0.152% cheaper against Phemex than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XLMUSDT0.21470.0100pay 0.0100% / 8h3h 44m$9.1M$8.9M50x
ShortedgeX XLMUSDC0.21440.0100get 0.0050% / 4h3h 44m$12K$307K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.169% → −0.017%
−$15.23
Slippage, 4 orders
−$23.74
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$59.97
Costs to cover
0.447%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 9 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, 5 min ago8.62 bp17.9 bp −$1831.5 bp −$315doesn't fitdoesn't fit
Sell edgeX live order book, 9 min ago1.16 bp6.0 bp −$664.5 bp −$645doesn'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%1h0.2146−0.044%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−1.043%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2150+0.144%$378K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2147+0.002%$571K$622K75xas long as short
Binance XLMUSDT+0.0100%8h0.2148+0.009%$55.1M$156.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2147−0.019%$43.5M$46.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2147−0.028%$12.6M$43.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2147−0.019%$4.0M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2148+0.028%$24.0M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2147+0.005%$14.1M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2148+0.009%$26.0M$21.9M75xas long as short
BingX XLM-USDT+0.0100%8h0.2148+0.009%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2142−0.246%$256K$1.3Mas long as short
edgeX XLMUSDCshort+0.0100%4h0.2144−0.169%$12K$307K10x
GRVT XLM_USDT_Perp+0.0100%8h0.2144−0.139%$601K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2143−0.224%$172K$258K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2148+0.028%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2145−0.116%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.21470.000%$585$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2148+0.028%$198K$254K20xas long as short
Phemex XLMUSDTlong+0.0100%8h0.2147long leg$9.1M$8.9M50x
Extended XLM-USD+0.0104%1h0.2147−0.023%$191K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0184%1h0.2147−0.001%$2.6M$2.7M50xas long as short
dYdX XLM-USD+0.0191%1h0.2146−0.083%$23K$2K10xas long as short
Hyperliquid XLM+0.0219%1h0.2149+0.079%$12.4M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2147−0.033%$2.3M$5.3M75xas long as short
Phoenix XLM+0.0225%1h0.2145−0.093%$5K$46K5xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2148+0.037%$249K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0521% / S −0.0247%1h0.2147−0.035%$40K100xas long as short
Backpack XLM_USDC_PERP+0.0686%1h0.2148+0.033%$128K$293K20xas long as short
Deribit XLM_USDC-PERPETUAL+0.1101%1h0.2150+0.102%$533K$154K25xas long as short