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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against ApeX Omni−0.376%73s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1511.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.583%+$58 · spread now −0.376%, 7d avg +0.022%
Together, before fees+0.619%+$62 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: SunX is 0.398% cheaper against ApeX Omni than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of +0.022%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XLMUSDT0.21040.0100pay 0.0013% / 1h25m 58s$169K$264K50x
ShortSunX XLM-USDT0.20960.0100get 0.0100% / 8h2h 25m$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.376% → +0.022%
−$39.77
Slippage, 4 orders
−$132.92
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$190.7
Costs to cover
1.509%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 21 min ago; SunX: 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 ApeX Omni live order book, 21 min ago6.38 bp13.5 bp −$1393.4 bp −$934doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago29.38 bp76.1 bp −$76doesn't fitdoesn'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%1h0.2097−0.303%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+1.022%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2101−0.133%$351K$991K5xas long as short
Aster XLMUSDT+0.0100%8h0.2100−0.187%$556K$630K75xas long as short
Binance XLMUSDT+0.0100%8h0.2101−0.109%$53.7M$161.5M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2097−0.295%$42.3M$47.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2100−0.185%$12.2M$43.8M50xas long as short
Gate XLM_USDT+0.0100%8h0.2098−0.266%$3.9M$7.6M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2100−0.157%$24.1M$28.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2098−0.252%$13.8M$9.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2099−0.209%$25.3M$22.8M75xas long as short
BingX XLM-USDT+0.0100%8h0.2100−0.157%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2099−0.228%$130K$314K20xas long as short
Variational Omni XLM+0.0100%8h0.2097−0.302%$250K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2104+0.006%$12K$305K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2101−0.121%$582K$615K10xas long as short
ApeX Omni XLMUSDTlong+0.0100%1h0.2104long leg$169K$264K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2098−0.261%$3K$2K10xas long as short
SunX XLM-USDTshort+0.0100%8h0.2096−0.376%$2K$1.6M20x
SoDEX XLM-USD+0.0100%1h0.2099−0.228%$572$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2099−0.238%$193K$251K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2099−0.209%$8.7M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2099−0.204%$188K$1.8M10xas long as short
Kraken Futures PF_XLMUSD+0.0144%1h0.2098−0.256%$2.5M$2.7M50xas long as short
Hyperliquid XLM+0.0160%1h0.2099−0.203%$11.9M$6.5M5xas long as short
dYdX XLM-USD+0.0198%1h0.2096−0.372%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2095−0.385%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0226%1h0.2101−0.124%$4K$49K5xas long as short
Coinbase International XLM-PERP-INTX+0.0456%1h0.2094−0.442%$223K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0515% / S −0.0228%1h0.2097−0.314%$40K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.1085%1h0.2100−0.162%$521K$163K25xas long as short