After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.095%7d average−0.087%fees + slippage, in and out−$41spread needed0.410%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XLM_USDC-PERPETUAL | 0.2107 | 0.0367 | pay 0.0046% / 1h | 56m 35s | $523K | $148K | 25x |
| Short | Bybit XLMUSDT | 0.2109 | 0.0100 | get 0.0100% / 8h | 7h 56m | $41.9M | $36.7M | 75x |
Deribit XLM_USDC-PERPETUAL
Bybit XLMUSDTPrice 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
- $9.49
- Funding while held
- −$8.01
- Slippage, 4 orders
- −$23.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$39.54
- Spread needed to break even
- 0.410%
Slippage from Deribit: live order book, 44 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0267%
- Per $10,000 a day
- −$8.01
- 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 Deribit live order book, 44 min ago | 5.48 bp | 9.4 bp −$9 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.38 bp | 11.5 bp −$11 | 15.5 bp −$155 | 64.3 bp −$6,426 | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
Variational Omni0.2100+6.791%edgeX0.2101+6.884%ApeX Omni0.2103+6.958%SunX0.2104+7.014%Phoenix0.2105+7.096%SoDEX0.2105+7.096%GMX0.2106+7.106%Phemex0.2106+7.111%HTX0.2106+7.116%gTrade (Gains Network)0.2106+7.117%Orderly0.2106+7.121%Backpack0.2106+7.126%
Injective
Variational Omni
ApeX Omni
SunX
Phoenix
SoDEX
GMX
Phemex
HTX
gTrade (Gains Network)
Orderly
BackpackDeribit0.2107+7.146%
Kraken Futures0.2107+7.151%BloFin0.2108+7.208%OKX0.2108+7.228%
Kraken Futures
BloFin
OKXBybit0.2109+7.248%
Extended0.2109+7.260%BingX0.2109+7.263%Gate0.2109+7.269%dYdX0.2109+7.274%Bitget0.2109+7.279%Aster0.2109+7.282%Coinbase International0.2109+7.289%Binance0.2110+7.304%MEXC0.2110+7.319%KuCoin0.2110+7.340%Lighter0.2111+7.355%Hyperliquid0.2112+7.447%
Extended
BingX
Gate
dYdX
Bitget
Aster
Coinbase International
Binance
MEXC
KuCoin
Lighter
HyperliquidXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −6.670% | +0.0033% | 1h | $786 | $102K | 12x | as long as short |
| Variational Omni XLM | −0.332% | +0.0100% | 8h | $283K | $838K | — | as long as short |
| edgeX XLMUSDC | −0.245% | +0.0100% | 4h | $13K | $293K | 10x | as long as short |
| ApeX Omni XLMUSDT | −0.176% | +0.0100% | 1h | $168K | $244K | 50x | as long as short |
| SunX XLM-USDT | −0.123% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| Phoenix XLM | −0.047% | +0.0152% | 1h | $13K | $31K | 5x | as long as short |
| SoDEX XLM-USD | −0.047% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.038% | L +0.0176% / S +0.0032% | 1h | $46K | — | 100x | as long as short |
| Phemex XLMUSDT | −0.033% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| HTX XLM-USDT | −0.028% | +0.0100% | 8h | $196K | $274K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | −0.027% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.024% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | −0.019% | +0.0319% | 1h | $99K | $208K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | 0.000% | +0.0367% | 1h | $523K | $148K | 25x | |
| Kraken Futures PF_XLMUSD | +0.004% | 0.0000% | 1h | $2.4M | $2.1M | 50x | as long as short |
| BloFin XLM-USDT | +0.057% | +0.0220% | 8h | $2.2M | $6.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.076% | +0.0100% | 8h | $11.8M | $36.3M | 50x | as long as short |
| Bybit XLMUSDTshort | +0.095% | +0.0100% | 8h | $41.9M | $36.7M | 75x | |
| Extended XLM-USD | +0.106% | +0.0104% | 1h | $206K | $1.5M | 10x | as long as short |
| BingX XLM-USDT | +0.109% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Gate XLM_USDT | +0.114% | +0.0100% | 8h | $3.8M | $5.8M | 75x | as long as short |
| dYdX XLM-USD | +0.119% | +0.0038% | 1h | $24K | $1K | 10x | as long as short |
| Bitget XLMUSDT | +0.123% | +0.0100% | 8h | $24.5M | $16.6M | 75x | as long as short |
| Aster XLMUSDT | +0.127% | +0.0100% | 8h | $587K | $1.2M | 75x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.133% | +0.0400% | 1h | $266K | $1.4M | 50x | as long as short |
| Binance XLMUSDT | +0.147% | +0.0100% | 8h | $52.2M | $139.5M | 75x | as long as short |
| MEXC XLM_USDT | +0.161% | +0.0100% | 8h | $25.1M | $24.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.180% | +0.0100% | 8h | $14.4M | $9.2M | 75x | as long as short |
| Lighter XLM | +0.195% | +0.0360% | 1h | $447K | $696K | 5x | as long as short |
| Hyperliquid XLM | +0.280% | +0.0407% | 1h | $11.3M | $5.6M | 5x | as long as short |