After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.129%7d average+0.079%fees + slippage, in and out−$51spread needed0.507%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2089 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $8.6M | $8.8M | 50x |
| Short | Coinbase International XLM-PERP-INTX | 0.2091 | 0.0400 | get 0.0050% / 1h | 49m 18s | $259K | $1.4M | 50x |
Phemex XLMUSDT
Coinbase International XLM-PERP-INTXPrice 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
- $12.93
- Funding while held
- $9
- Slippage, 4 orders
- −$28.7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$28.77
- Spread needed to break even
- 0.507%
Slippage from Phemex: live order book, 6 min ago; Coinbase International: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0300%
- Per $10,000 a day
- +$9.00
- 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, 6 min ago | 3.61 bp | 11.9 bp −$12 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 3.59 bp | 11.9 bp −$12 | 17.2 bp −$172 | doesn't fit | doesn't fit |
XLM price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
edgeX0.2081+5.845%Variational Omni0.2087+6.134%Bybit0.2087+6.165%OKX0.2087+6.165%Gate0.2087+6.165%KuCoin0.2087+6.165%MEXC0.2087+6.170%Aster0.2087+6.176%dYdX0.2087+6.179%SoDEX0.2088+6.195%HTX0.2088+6.195%BingX0.2088+6.200%Orderly0.2088+6.205%Backpack0.2088+6.211%Deribit0.2088+6.211%BloFin0.2088+6.211%Extended0.2088+6.213%Bitget0.2088+6.216%gTrade (Gains Network)0.2088+6.216%Hyperliquid0.2089+6.231%
Injective
Variational Omni
Bybit
OKX
Gate
KuCoin
MEXC
Aster
dYdX
SoDEX
HTX
BingX
Orderly
Backpack
Deribit
BloFin
Extended
Bitget
gTrade (Gains Network)
HyperliquidPhemex0.2089+6.231%
GMX0.2089+6.234%ApeX Omni0.2089+6.241%Binance0.2089+6.242%SunX0.2089+6.246%Kraken Futures0.2089+6.276%Phoenix0.2090+6.302%
GMX
ApeX Omni
Binance
SunX
Kraken Futures
PhoenixCoinbase International0.2091+6.368%
Lighter0.2092+6.404%
LighterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.865% | +0.0033% | 1h | $786 | $77K | 12x | as long as short |
| edgeX XLMUSDC | −0.364% | +0.0100% | 4h | $11K | $295K | 10x | as long as short |
| Variational Omni XLM | −0.091% | +0.0100% | 8h | $197K | $922K | — | as long as short |
| Bybit XLMUSDT | −0.062% | +0.0100% | 8h | $41.5M | $37.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.062% | +0.0100% | 8h | $11.7M | $35.8M | 50x | as long as short |
| Gate XLM_USDT | −0.062% | +0.0100% | 8h | $3.8M | $5.8M | 75x | as long as short |
| KuCoin XLMUSDTM | −0.062% | +0.0100% | 8h | $14.0M | $9.1M | 75x | as long as short |
| MEXC XLM_USDT | −0.057% | +0.0100% | 8h | $24.0M | $24.1M | 300x | as long as short |
| Aster XLMUSDT | −0.052% | +0.0101% | 8h | $580K | $929K | 75x | as long as short |
| dYdX XLM-USD | −0.049% | +0.0079% | 1h | $24K | $1K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XLM-USD | −0.034% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | −0.034% | +0.0100% | 8h | $195K | $264K | 20x | as long as short |
| BingX XLM-USDT | −0.029% | +0.0100% | 8h | — | $6.9M | — | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.024% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | −0.019% | +0.0100% | 1h | $98K | $213K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | −0.019% | 0.0000% | 1h | $518K | $156K | 25x | as long as short |
| BloFin XLM-USDT | −0.019% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| Extended XLM-USD | −0.016% | +0.0104% | 1h | $203K | $1.5M | 10x | as long as short |
| Bitget XLMUSDT | −0.014% | +0.0100% | 8h | $24.3M | $16.3M | 75x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.014% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Hyperliquid XLM | 0.000% | +0.0100% | 1h | $11.1M | $5.3M | 5x | as long as short |
| Phemex XLMUSDTlong | 0.000% | +0.0100% | 8h | $8.6M | $8.8M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | +0.003% | L +0.0170% / S +0.0037% | 1h | $46K | — | 100x | as long as short |
| ApeX Omni XLMUSDT | +0.010% | +0.0100% | 1h | $167K | $244K | 50x | as long as short |
| Binance XLMUSDT | +0.010% | +0.0100% | 8h | $52.4M | $138.0M | 75x | as long as short |
| SunX XLM-USDT | +0.014% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Kraken Futures PF_XLMUSD | +0.043% | +0.0184% | 1h | $2.3M | $2.1M | 50x | as long as short |
| Phoenix XLM | +0.067% | +0.0231% | 1h | $13K | $31K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.129% | +0.0400% | 1h | $259K | $1.4M | 50x | |
| Lighter XLM | +0.163% | +0.0184% | 1h | $431K | $690K | 5x | as long as short |