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

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.092%
Price spread now: ApeX Omni against Lighter−0.307%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.307%, 7d avg −0.086%
Together, before fees−0.023%+ Points / potential airdropLighter: Season 3 · farm board−$2 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 0.221% cheaper against Lighter than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21200.0096pay 0.0012% / 1h37m 28s$365K$917K5x
ShortApeX Omni XLMUSDT0.21130.0100get 0.0013% / 1h37m 28s$169K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$0.84
Price spread: −0.307% → −0.086%
−$22.08
Slippage, 4 orders
−$57.42
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$88.66
Costs to cover
0.674%
Break-even
745.8 days
Slippage from Lighter: live order book, 58 min ago; ApeX Omni: live order book, 59 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 Lighter live order book, 58 min ago5.43 bp22.3 bp −$2255.8 bp −$558doesn't fitdoesn't fit
Sell ApeX Omni live order book, 59 min ago6.39 bp14.1 bp −$14114.2 bp −$1,142doesn'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%1h0.2116−0.195%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.241%$683$241K12xas long as short
Lighter XLMlong+0.0096%1h0.2120long leg$365K$917K5x
Aster XLMUSDT+0.0100%8h0.2118−0.103%$561K$583K75xas long as short
Binance XLMUSDT+0.0100%8h0.2117−0.137%$55.1M$161.1M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2116−0.184%$43.7M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2117−0.142%$12.1M$45.0M50xas long as short
Gate XLM_USDT+0.0100%8h0.2116−0.184%$4.0M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2117−0.118%$24.6M$28.9M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2117−0.142%$14.0M$9.1M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2117−0.156%$25.6M$23.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2116−0.165%$6.7Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2117−0.118%$129K$346K20xas long as short
Variational Omni XLM+0.0100%8h0.2112−0.366%$252K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2114−0.262%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2113−0.302%$589K$551K10xas long as short
ApeX Omni XLMUSDTshort+0.0100%1h0.2113−0.307%$169K$265K50x
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2116−0.184%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2114−0.292%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2116−0.184%$576$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2115−0.226%$195K$219K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2116−0.184%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2117−0.156%$188K$940K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2114−0.269%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2117−0.151%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2114−0.255%$218K$1.6M50xas long as short
Kraken Futures PF_XLMUSD+0.0341%1h0.2116−0.195%$2.5M$2.6M50xas long as short
Hyperliquid XLM+0.0466%1h0.2119−0.024%$12.1M$6.3M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0516% / S −0.0247%1h0.2115−0.245%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0837%1h0.2117−0.123%$525K$148K25xas long as short
dYdX XLM-USD+0.0886%1h0.2116−0.201%$23K$2K10xas long as short