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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.020%
Price spread now: Phoenix against ApeX Omni−0.066%7-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 5 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. Phoenix is 0.066% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 32 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21220.0100pay 0.0013% / 1h20m 36s$170K$264K50x
ShortPhoenix XLM0.21210.0263get 0.0033% / 1h20m 36s$4K$50K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$34.33
Price spread: −0.066% → 0.000%
−$6.6
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$10.73
Costs to cover
0.170%
Break-even
4.8 days
Slippage unknown: ApeX Omni: live order book, 21 min ago; Phoenix: 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, 21 min ago3.77 bp11.2 bp −$1182.9 bp −$829doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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%1h0.2126+0.147%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.118%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2131+0.415%$368K$946K5xas long as short
Aster XLMUSDT+0.0100%8h0.2129+0.329%$564K$634K75xas long as short
Binance XLMUSDT+0.0100%8h0.2129+0.320%$54.7M$162.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2127+0.221%$43.1M$47.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2129+0.311%$12.2M$44.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2128+0.259%$4.0M$7.8M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2130+0.335%$25.1M$29.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2129+0.283%$14.1M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2129+0.287%$25.6M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2129+0.325%$7.4Mas long as short
Variational Omni XLM+0.0100%8h0.2125+0.124%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2125+0.099%$12K$307K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124+0.085%$596K$593K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2122long leg$170K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2126+0.165%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2126+0.184%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2127+0.207%$579$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2127+0.203%$196K$249K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2127+0.188%$8.7M$9.1M50xas long as short
Extended XLM-USD+0.0104%1h0.2129+0.309%$189K$1.6M10xas long as short
Hyperliquid XLM+0.0187%1h0.2130+0.349%$12.1M$6.5M5xas long as short
Backpack XLM_USDC_PERP+0.0208%1h0.2127+0.236%$130K$349K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2127+0.236%$2.3M$5.6M75xas long as short
dYdX XLM-USD+0.0221%1h0.2126+0.148%$23K$2K10xas long as short
Phoenix XLMshort+0.0263%1h0.2121−0.066%$4K$50K5x
Kraken Futures PF_XLMUSD+0.0332%1h0.2127+0.227%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0408%1h0.2125+0.132%$222K$1.7M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2125+0.126%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0973%1h0.2129+0.297%$528K$168K25xas long as short