After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.306%7d average−0.014%fees + slippage, in and out−$36spread needed0.355%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2090 | 0.0100 | pay 0.0100% / 8h | 5h 25m | $8.5M | $8.7M | 50x |
| Short | Bitget XLMUSDT | 0.2084 | 0.0100 | get 0.0100% / 8h | 5h 25m | $24.5M | $16.6M | 75x |
Phemex XLMUSDT
Bitget 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
- −$30.62
- Funding while held
- $0
- Slippage, 4 orders
- −$11.5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.12
- Spread needed to break even
- 0.355%
Slippage from Phemex: live order book, 5 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Phemex live order book, 5 min ago | 0.96 bp | 8.0 bp −$8 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.24 bp | 9.0 bp −$9 | 18.7 bp −$187 | doesn't fit | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
OKX0.2083+5.961%GMX0.2083+5.973%
Injective
OKX
GMXBitget0.2084+5.997%
gTrade (Gains Network)0.2084+5.998%Bybit0.2084+6.002%Orderly0.2084+6.002%Extended0.2084+6.005%BingX0.2084+6.007%KuCoin0.2084+6.022%Binance0.2085+6.038%Gate0.2085+6.038%MEXC0.2085+6.058%Hyperliquid0.2086+6.124%Aster0.2086+6.128%dYdX0.2086+6.129%Backpack0.2089+6.251%SoDEX0.2090+6.287%HTX0.2090+6.287%SunX0.2090+6.297%Coinbase International0.2090+6.307%
gTrade (Gains Network)
Bybit
Orderly
Extended
BingX
KuCoin
Binance
Gate
MEXC
Hyperliquid
Aster
dYdX
Backpack
SoDEX
HTX
SunX
Coinbase InternationalPhemex0.2090+6.322%
Kraken Futures0.2090+6.323%Lighter0.2090+6.328%BloFin0.2091+6.363%Phoenix0.2091+6.373%Deribit0.2092+6.394%ApeX Omni0.2092+6.424%edgeX0.2093+6.485%Variational Omni0.2094+6.490%
Kraken Futures
Lighter
BloFin
Phoenix
Deribit
ApeX Omni
Variational OmniXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.947% | +0.0033% | 1h | $786 | $40K | 12x | as long as short |
| OKX XLM-USDT-SWAP | −0.340% | +0.0100% | 8h | $11.6M | $36.8M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.329% | L +0.0163% / S +0.0044% | 1h | $46K | — | 100x | as long as short |
| Bitget XLMUSDTshort | −0.306% | +0.0100% | 8h | $24.5M | $16.6M | 75x | |
| gTrade (Gains Network) XLM/USD | −0.305% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Bybit XLMUSDT | −0.301% | +0.0100% | 8h | $42.2M | $37.7M | 75x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.301% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Extended XLM-USD | −0.298% | +0.0104% | 1h | $204K | $1.5M | 10x | as long as short |
| BingX XLM-USDC | −0.297% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| KuCoin XLMUSDTM | −0.282% | +0.0100% | 8h | $14.0M | $9.3M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XLMUSDT | −0.268% | +0.0100% | 8h | $52.8M | $136.9M | 75x | as long as short |
| Gate XLM_USDT | −0.268% | +0.0100% | 8h | $3.8M | $5.6M | 75x | as long as short |
| MEXC XLM_USDT | −0.249% | +0.0100% | 8h | $23.5M | $24.6M | 300x | as long as short |
| Hyperliquid XLM | −0.187% | +0.0259% | 1h | $11.1M | $5.3M | 5x | as long as short |
| Aster XLMUSDT | −0.183% | +0.0152% | 8h | $585K | $758K | 75x | as long as short |
| dYdX XLM-USD | −0.182% | +0.0129% | 1h | $24K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | −0.067% | +0.0100% | 1h | $99K | $204K | 20x | as long as short |
| SoDEX XLM-USD | −0.033% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | −0.033% | +0.0100% | 8h | $195K | $270K | 20x | as long as short |
| SunX XLM-USDT | −0.024% | +0.0100% | 8h | $1K | $1.6M | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | −0.014% | +0.0448% | 1h | $251K | $1.4M | 50x | as long as short |
| Phemex XLMUSDTlong | 0.000% | +0.0100% | 8h | $8.5M | $8.7M | 50x | |
| Kraken Futures PF_XLMUSD | 0.000% | +0.0200% | 1h | $2.3M | $1.9M | 50x | as long as short |
| Lighter XLM | +0.005% | +0.0328% | 1h | $426K | $672K | 5x | as long as short |
| BloFin XLM-USDT | +0.038% | +0.0220% | 8h | $2.2M | $6.0M | 75x | as long as short |
| Phoenix XLM | +0.048% | +0.0231% | 1h | $4K | $31K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.067% | +0.0899% | 1h | $519K | $153K | 25x | as long as short |
| ApeX Omni XLMUSDT | +0.096% | +0.0100% | 1h | $168K | $256K | 50x | as long as short |
| edgeX XLMUSDC | +0.152% | +0.0100% | 4h | $11K | $294K | 10x | as long as short |
| Variational Omni XLM | +0.158% | +0.0100% | 8h | $198K | $923K | — | as long as short |