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: Orderly against Phemex+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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex XLMUSDT0.21250.0100pay 0.0100% / 8h2h 10m$8.8M$9.0M50x
ShortOrderly PERP_XLM_USDC_mythos0.21250.0100get 0.0050% / 4h2h 10m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.009% → 0.000%
$0.94
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.06
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Orderly: 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 Phemex live order book, 3 min ago3.54 bp9.8 bp −$1016.9 bp −$169doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h0.2123−0.070%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.009%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2128+0.132%$356K$996K5xas long as short
Aster XLMUSDT+0.0100%8h0.2125+0.031%$563K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2128+0.138%$54.6M$162.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2124−0.024%$43.0M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2125+0.033%$12.3M$44.4M50xas long as short
Gate XLM_USDT+0.0100%8h0.2124−0.024%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2126+0.042%$24.4M$28.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2125+0.005%$13.9M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2125+0.005%$25.5M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2124−0.014%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2123−0.079%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2120−0.216%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2115−0.442%$586K$603K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2120−0.207%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2125+0.009%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2121−0.188%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2126+0.038%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2121−0.188%$195K$251K20xas long as short
Phemex XLMUSDTlong+0.0100%8h0.2125long leg$8.8M$9.0M50x
Backpack XLM_USDC_PERP+0.0103%1h0.2127+0.085%$131K$315K20xas long as short
Extended XLM-USD+0.0104%1h0.2125+0.002%$190K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0142%1h0.2126+0.048%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0194%1h0.2127+0.127%$12.1M$6.6M5xas long as short
dYdX XLM-USD+0.0218%1h0.2125+0.029%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2126+0.052%$2.3M$5.6M75xas long as short
Phoenix XLM+0.0226%1h0.2115−0.442%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.21250.000%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0228%1h0.2123−0.101%$41K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1351%1h0.2127+0.118%$527K$164K25xas long as short