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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Gate+0.173%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$640.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.173%, 7d avg +0.025%
Together, before fees−0.050%−$5 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: ApeX Omni is 0.148% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XLM_USDT0.21360.0100pay 0.0100% / 8h5h 28m$4.1M$6.8M75x
ShortApeX Omni XLMUSDT0.21390.0100get 0.0013% / 1h28m 58s$171K$256K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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: +0.173% → +0.025%
$14.83
Slippage, 4 orders
−$38.51
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$48.68
Costs to cover
0.635%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 33 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 Gate live order book, 4 min ago3.98 bp16.2 bp −$1637.5 bp −$375doesn't fitdoesn't fit
Sell ApeX Omni live order book, 33 min ago6.13 bp14.5 bp −$1493.2 bp −$932doesn'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%1h0.2136+0.037%$4K150xas long as short
Lighter XLM+0.0096%1h0.2138+0.108%$359K$903K5xas long as short
Binance XLMUSDT+0.0100%8h0.2136+0.005%$54.8M$154.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2134−0.066%$43.2M$45.7M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2134−0.066%$12.6M$42.0M50xas long as short
Gate XLM_USDTlong+0.0100%8h0.2136long leg$4.1M$6.8M75x
MEXC XLM_USDT+0.0100%8h0.2136+0.005%$24.0M$26.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2135−0.014%$14.1M$9.9M75xas long as short
Bitget XLMUSDT+0.0100%8h0.2135−0.019%$25.6M$21.1M75xas long as short
BingX XLM-USDC+0.0100%8h0.2135−0.009%$6.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XLM_USDC_PERP+0.0100%1h0.2136+0.009%$97K$273K20xas long as short
Variational Omni XLM+0.0100%8h0.2139+0.162%$256K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2131−0.225%$12K$304K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2142+0.309%$593K$585K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2139+0.173%$171K$256K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2137+0.066%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2136+0.009%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2136+0.019%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2138+0.094%$197K$252K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2136+0.009%$9.0M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2135−0.020%$190K$1.8M10xas long as short
Aster XLMUSDT+0.0112%8h0.2138+0.106%$569K$624K75xas long as short
dYdX XLM-USD+0.0211%1h0.2137+0.050%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2139+0.145%$2.3M$5.0M75xas long as short
Phoenix XLM+0.0264%1h0.2127−0.393%$5K$46K5xas long as short
Hyperliquid XLM+0.0435%1h0.2137+0.075%$12.4M$6.2M5xas long as short
Kraken Futures PF_XLMUSD+0.0460%1h0.2136+0.007%$2.6M$2.7M50xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2144+0.393%$231K$1.5M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0193%1h0.2137+0.043%$44K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0733%1h0.2138+0.122%$531K$153K25xas long as short
Injective XLM/USDC PERP+0.1081%1h0.2125−0.496%$683$241K12xas long as short