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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0499%/8h= −54.6% APRnext payment $0.62 per $10,000 · paid last 24h −0.050%
Price spread now: ApeX Omni against GMX−0.214%68s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and ApeX Omni is 0.214% cheaper against GMX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XLM/USD [WBTC.b-USDC]0.2169L +0.0599% / S −0.1125%pay 0.0075% / 1h24m 21s$174K100x
ShortApeX Omni XLMUSDT0.21640.0100get 0.0013% / 1h24m 21s$173K$257K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$104.77
Price spread: −0.214% → 0.000%
−$21.39
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$148.17
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell ApeX Omni live order book, 47 min ago6.28 bp15.1 bp −$15108.8 bp −$1,088doesn't fitdoesn't fit
GMX: 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 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
Injective XLM/USDC PERP−0.5000%1h0.2157−0.550%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2169−0.016%$4K150xas long as short
dYdX XLM-USD+0.0041%1h0.2167−0.097%$24K$2K10xas long as short
Lighter XLM+0.0096%1h0.2170+0.026%$400K$838K5xas long as short
Binance XLMUSDT+0.0100%8h0.2170+0.052%$56.0M$150.9M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2170+0.044%$44.2M$44.0M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2170+0.072%$13.2M$41.6M50xas long as short
Gate XLM_USDT+0.0100%8h0.2169+0.003%$4.1M$6.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2170+0.035%$25.2M$26.5M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2168−0.062%$14.4M$10.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2170+0.053%$25.9M$19.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2170+0.044%$7.1Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2169+0.007%$89K$269K20xas long as short
Variational Omni XLM+0.0100%8h0.2166−0.129%$285K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2165−0.170%$12K$301K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2165−0.191%$610K$590K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2164−0.214%$173K$257K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2170+0.049%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2168−0.053%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2170+0.049%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2169−0.002%$200K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2170+0.049%$9.1M$9.0M50xas long as short
Extended XLM-USD+0.0104%1h0.2168−0.042%$194K$1.7M10xas long as short
Aster XLMUSDT+0.0144%8h0.2168−0.029%$582K$660K75xas long as short
Kraken Futures PF_XLMUSD+0.0182%1h0.2170+0.058%$2.6M$2.6M50xas long as short
BloFin XLM-USDT+0.0220%8h0.2170+0.026%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0223%1h0.2165−0.191%$5K$42K5xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2173+0.173%$230K$1.5M50xas long as short
Hyperliquid XLM+0.0538%1h0.2170+0.063%$12.5M$6.2M5xas long as short
GMX XLM/USD [WBTC.b-USDC]longL +0.0599% / S −0.1125%1h0.2169long leg$174K100x
Deribit XLM_USDC-PERPETUAL+0.0764%1h0.2171+0.109%$539K$150K25xas long as short