Spread before costs (cost unknown: a leg has no order-book sample)+0.086%
7d average—if it closes, per $10,000$9funding while held, a day+$3.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XLM-USDT | 0.2089 | 0.0100 | pay 0.0100% / 8h | 5h 26m | — | $6.7M | — |
| Short | Phoenix XLM | 0.2091 | 0.0231 | get 0.0029% / 1h | 26m 41s | $4K | $31K | 5x |
BingX XLM-USDT
Phoenix XLMPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $8.61
- Funding while held
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$4.44
- Spread needed to break even
- 0.170%
Slippage unknown: BingX: live order book, 2 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0131%
- Per $10,000 a day
- +$3.94
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 2 min ago | 0.24 bp | 5.9 bp −$6 | 9.4 bp −$94 | 21.9 bp −$2,191 | 120.5 bp −$60.2K |
| 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
HTX0.2087+6.180%Extended0.2089+6.259%Gate0.2089+6.261%
Injective
HTX
Extended
GateBingX0.2089+6.282%
KuCoin0.2090+6.287%OKX0.2090+6.302%Bybit0.2090+6.307%SoDEX0.2090+6.307%Coinbase International0.2090+6.307%dYdX0.2090+6.311%Bitget0.2090+6.317%Kraken Futures0.2090+6.322%gTrade (Gains Network)0.2090+6.322%GMX0.2090+6.325%Backpack0.2090+6.328%SunX0.2090+6.328%MEXC0.2091+6.338%Phemex0.2091+6.338%Binance0.2091+6.349%Orderly0.2091+6.358%Aster0.2091+6.363%BloFin0.2091+6.363%
KuCoin
OKX
Bybit
SoDEX
Coinbase International
dYdX
Bitget
Kraken Futures
gTrade (Gains Network)
GMX
Backpack
SunX
MEXC
Phemex
Binance
Orderly
Aster
BloFinPhoenix0.2091+6.373%
Hyperliquid0.2092+6.394%ApeX Omni0.2092+6.424%Deribit0.2093+6.445%edgeX0.2093+6.485%Variational Omni0.2094+6.490%Lighter0.2094+6.516%
Hyperliquid
ApeX Omni
Deribit
Variational Omni
LighterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.911% | +0.0033% | 1h | $786 | $40K | 12x | as long as short |
| HTX XLM-USDT | −0.096% | +0.0100% | 8h | $195K | $270K | 20x | as long as short |
| Extended XLM-USD | −0.021% | +0.0104% | 1h | $204K | $1.5M | 10x | as long as short |
| Gate XLM_USDT | −0.019% | +0.0100% | 8h | $3.8M | $5.6M | 75x | as long as short |
| BingX XLM-USDTlong | 0.000% | +0.0100% | 8h | — | $6.7M | — | |
| KuCoin XLMUSDTM | +0.005% | +0.0100% | 8h | $14.0M | $9.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.019% | +0.0100% | 8h | $11.6M | $36.9M | 50x | as long as short |
| Bybit XLMUSDT | +0.024% | +0.0100% | 8h | $42.3M | $37.7M | 75x | as long as short |
| SoDEX XLM-USD | +0.024% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.024% | +0.0448% | 1h | $251K | $1.4M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | +0.028% | +0.0127% | 1h | $24K | $2K | 10x | as long as short |
| Bitget XLMUSDT | +0.034% | +0.0100% | 8h | $24.6M | $16.6M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.038% | +0.0200% | 1h | $2.3M | $1.9M | 50x | as long as short |
| gTrade (Gains Network) XLM/USD | +0.038% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.040% | L +0.0163% / S +0.0044% | 1h | $46K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.043% | +0.0100% | 1h | $99K | $204K | 20x | as long as short |
| SunX XLM-USDT | +0.043% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| MEXC XLM_USDT | +0.053% | +0.0100% | 8h | $23.6M | $24.6M | 300x | as long as short |
| Phemex XLMUSDT | +0.053% | +0.0100% | 8h | $8.5M | $8.7M | 50x | as long as short |
| Binance XLMUSDT | +0.064% | +0.0100% | 8h | $52.9M | $136.9M | 75x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.072% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Aster XLMUSDT | +0.076% | +0.0152% | 8h | $587K | $762K | 75x | as long as short |
| BloFin XLM-USDT | +0.077% | +0.0220% | 8h | $2.2M | $6.0M | 75x | as long as short |
| Phoenix XLMshort | +0.086% | +0.0231% | 1h | $4K | $31K | 5x | |
| Hyperliquid XLM | +0.105% | +0.0260% | 1h | $11.2M | $5.3M | 5x | as long as short |
| ApeX Omni XLMUSDT | +0.134% | +0.0100% | 1h | $168K | $256K | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.153% | +0.0898% | 1h | $519K | $153K | 25x | as long as short |
| edgeX XLMUSDC | +0.191% | +0.0100% | 4h | $11K | $294K | 10x | as long as short |
| Variational Omni XLM | +0.196% | +0.0100% | 8h | $198K | $923K | — | as long as short |
| Lighter XLM | +0.220% | +0.0328% | 1h | $427K | $672K | 5x | as long as short |