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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.024%
Price spread now: GMX against ApeX Omni−0.023%68s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.023% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$4 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21180.0100pay 0.0013% / 1h58m 03s$170K$263K50x
ShortGMX XLM/USD [WBTC.b-USDC]0.2118L +0.0517% / S −0.0247%get 0.0031% / 1h58m 03s$39K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$30.79
Price spread: −0.023% → 0.000%
−$2.27
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$6.53
Costs to cover
0.220%
Break-even
5.5 days
Slippage unknown: ApeX Omni: live order book, 44 min ago; GMX: 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 ApeX Omni live order book, 44 min ago3.77 bp11.2 bp −$1182.9 bp −$829doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h0.2118−0.031%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.312%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2122+0.146%$366K$941K5xas long as short
Aster XLMUSDT+0.0100%8h0.2120+0.091%$563K$615K75xas long as short
Binance XLMUSDT+0.0100%8h0.2120+0.066%$54.4M$162.4M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2118−0.019%$43.0M$47.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119+0.014%$12.2M$44.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.21180.000%$4.0M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2119+0.047%$24.6M$28.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2119+0.019%$14.0M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2119+0.019%$25.4M$22.8M75xas long as short
BingX XLM-USDC+0.0100%8h0.2119+0.028%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2116−0.107%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2119+0.010%$12K$309K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2119+0.028%$594K$585K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2118long leg$170K$263K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2119+0.028%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2120+0.090%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2119+0.038%$577$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2117−0.071%$195K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2120+0.057%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.21180.000%$189K$1.5M10xas long as short
Backpack XLM_USDC_PERP+0.0106%1h0.2119+0.052%$130K$348K20xas long as short
dYdX XLM-USD+0.0189%1h0.2118−0.039%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2119+0.024%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0263%1h0.2120+0.061%$4K$50K5xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2127+0.415%$222K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]shortL +0.0517% / S −0.0247%1h0.2118−0.023%$39K100x
Kraken Futures PF_XLMUSD+0.0550%1h0.2119+0.043%$2.6M$2.7M50xas long as short
Hyperliquid XLM+0.0726%1h0.2122+0.160%$12.1M$6.5M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0977%1h0.2121+0.127%$526K$172K25xas long as short