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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against ApeX Omni−0.108%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$510.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.108%, 7d avg −0.046%
Together, before fees−0.017%−$2 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: Bybit is 0.062% cheaper against ApeX Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21340.0100pay 0.0013% / 1h19m 21s$171K$264K50x
ShortBybit XLMUSDT0.21320.0100get 0.0100% / 8h3h 19m$43.1M$46.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.108% → −0.046%
−$6.19
Slippage, 4 orders
−$30.45
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$57.64
Costs to cover
0.515%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; Bybit: live order book, 5 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 ApeX Omni live order book, 32 min ago6.29 bp13.7 bp −$1497.2 bp −$972doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.35 bp12.5 bp −$1216.2 bp −$16256.0 bp −$5,599doesn'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%1h0.2132−0.131%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.436%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2137+0.150%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2133−0.041%$567K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2133−0.066%$54.8M$157.7M75xas long as short
Bybit XLMUSDTshort+0.0100%8h0.2132−0.108%$43.1M$46.1M75x
OKX XLM-USDT-SWAP+0.0100%8h0.2132−0.089%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2132−0.089%$4.1M$6.9M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2133−0.066%$24.9M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2132−0.089%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2132−0.098%$25.7M$22.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2132−0.098%$7.3Mas long as short
Variational Omni XLM+0.0100%8h0.2133−0.055%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2134−0.016%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134−0.034%$598K$618K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2134long leg$171K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2133−0.061%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2136+0.066%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2137+0.150%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2138+0.169%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2138+0.155%$9.0M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2133−0.057%$192K$1.8M10xas long as short
Hyperliquid XLM+0.0181%1h0.2136+0.066%$12.3M$6.3M5xas long as short
Kraken Futures PF_XLMUSD+0.0185%1h0.2138+0.168%$2.6M$2.7M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2134−0.005%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2129−0.244%$5K$46K5xas long as short
dYdX XLM-USD+0.0306%1h0.2133−0.078%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2139+0.211%$246K$1.6M50xas long as short
Backpack XLM_USDC_PERP+0.0467%1h0.2137+0.117%$128K$294K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2131−0.156%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0920%1h0.2139+0.230%$530K$157K25xas long as short