After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.135%7d average+0.080%fees + slippage, in and out−$25spread needed0.246%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLMUSDC | 0.2082 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $14K | $286K | 10x |
| Short | Hyperliquid XLM | 0.2085 | 0.0153 | get 0.0019% / 1h | 36m 14s | $11.3M | $5.1M | 5x |
Hyperliquid 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
- $13.51
- Funding while held
- $1.58
- Slippage, 4 orders
- −$6.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$9.5
- Spread needed to break even
- 0.246%
Slippage from edgeX: live order book, 23 min ago; Hyperliquid: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0053%
- Per $10,000 a day
- +$1.58
- 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 edgeX live order book, 23 min ago | 1.20 bp | 5.9 bp −$6 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.24 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
Variational Omni0.2080+5.802%ApeX Omni0.2082+5.900%Phoenix0.2082+5.900%Bitget0.2083+5.936%SunX0.2083+5.941%Gate0.2083+5.951%KuCoin0.2083+5.956%dYdX0.2083+5.959%Bybit0.2083+5.961%GMX0.2083+5.961%gTrade (Gains Network)0.2083+5.965%Extended0.2083+5.965%OKX0.2083+5.972%Backpack0.2083+5.972%BingX0.2084+5.977%Binance0.2084+5.988%Orderly0.2084+6.002%MEXC0.2084+6.007%Phemex0.2084+6.007%Kraken Futures0.2085+6.032%
Injective
Variational Omni
ApeX Omni
Phoenix
Bitget
SunX
Gate
KuCoin
dYdX
Bybit
GMX
gTrade (Gains Network)
Extended
OKX
Backpack
BingX
Binance
Orderly
MEXC
Phemex
Kraken FuturesHyperliquid0.2085+6.038%
Deribit0.2085+6.038%Lighter0.2086+6.089%Coinbase International0.2086+6.094%Aster0.2086+6.096%SoDEX0.2086+6.099%BloFin0.2086+6.119%HTX0.2087+6.134%
Deribit
Lighter
Coinbase International
Aster
SoDEX
BloFin
HTXXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.566% | +0.0033% | 1h | $786 | $126K | 12x | as long as short |
| Variational Omni XLM | −0.087% | +0.0100% | 8h | $254K | $311K | — | as long as short |
| edgeX XLMUSDClong | 0.000% | +0.0100% | 4h | $14K | $286K | 10x | |
| ApeX Omni XLMUSDT | +0.005% | +0.0100% | 1h | $167K | $242K | 50x | as long as short |
| Phoenix XLM | +0.005% | +0.0153% | 1h | $13K | $33K | 5x | as long as short |
| Bitget XLMUSDT | +0.039% | +0.0100% | 8h | $24.4M | $15.4M | 75x | as long as short |
| SunX XLM-USDT | +0.044% | +0.0100% | 8h | $2K | $1.5M | 20x | as long as short |
| Gate XLM_USDT | +0.053% | +0.0100% | 8h | $3.6M | $5.8M | 75x | as long as short |
| KuCoin XLMUSDTM | +0.058% | +0.0100% | 8h | $13.8M | $9.1M | 75x | as long as short |
| dYdX XLM-USD | +0.061% | +0.0301% | 1h | $24K | $1K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XLMUSDT | +0.063% | +0.0100% | 8h | $40.6M | $33.4M | 75x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | +0.063% | L +0.0335% / S −0.0204% | 1h | $42K | — | 100x | as long as short |
| gTrade (Gains Network) XLM/USD | +0.066% | L 0.0000% / S +0.0002% | 1h | $8K | — | 150x | as long as short |
| Extended XLM-USD | +0.067% | +0.0104% | 1h | $141K | $1.3M | 10x | as long as short |
| OKX XLM-USDT-SWAP | +0.073% | +0.0100% | 8h | $11.3M | $31.6M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.073% | +0.0100% | 1h | $100K | $183K | 20x | as long as short |
| BingX XLM-USDC | +0.077% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Binance XLMUSDT | +0.089% | +0.0100% | 8h | $50.6M | $125.2M | 75x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.101% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| MEXC XLM_USDT | +0.106% | +0.0100% | 8h | $25.2M | $21.5M | 300x | as long as short |
| Phemex XLMUSDT | +0.106% | +0.0100% | 8h | $8.7M | $8.8M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.130% | +0.0208% | 1h | $2.3M | $2.1M | 50x | as long as short |
| Hyperliquid XLMshort | +0.135% | +0.0153% | 1h | $11.3M | $5.1M | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.135% | +0.0470% | 1h | $520K | $171K | 25x | as long as short |
| Lighter XLM | +0.183% | +0.0448% | 1h | $468K | $653K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.188% | +0.0336% | 1h | $270K | $1.3M | 50x | as long as short |
| Aster XLMUSDT | +0.190% | +0.0100% | 8h | $562K | $1.1M | 75x | as long as short |
| SoDEX XLM-USD | +0.193% | +0.0100% | 1h | $441 | $5K | 5x | as long as short |
| BloFin XLM-USDT | +0.212% | +0.0220% | 8h | $2.2M | $5.4M | 75x | as long as short |
| HTX XLM-USDT | +0.226% | +0.0100% | 8h | $194K | $357K | 20x | as long as short |