Spread before costs (cost unknown: a leg has no order-book sample)−0.795%
7d average—if it closes, per $10,000$79funding while held, a day+$3.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2088 | 0.0100 | pay 0.0100% / 8h | 5h 51m | $8.5M | $8.7M | 50x |
| Short | Phoenix XLM | 0.2072 | 0.0231 | get 0.0029% / 1h | 51m 39s | $4K | $31K | 5x |
Phemex XLMUSDT
Phoenix XLMPrice 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
- −$79.5
- Funding while held
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$94.56
- Spread needed to break even
- 0.190%
Slippage unknown: Phemex: live order book, 4 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0131%
- Per $10,000 a day
- +$3.94
- 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, 4 min ago | 4.33 bp | 12.4 bp −$12 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1966cheapest
Variational Omni0.2069+5.220%
Injective
Variational OmniPhoenix0.2072+5.366%
ApeX Omni0.2076+5.575%edgeX0.2076+5.592%BloFin0.2086+6.089%SunX0.2087+6.144%Orderly0.2087+6.155%KuCoin0.2087+6.165%BingX0.2087+6.180%Binance0.2088+6.185%OKX0.2088+6.185%GMX0.2088+6.189%dYdX0.2088+6.190%HTX0.2088+6.190%Bybit0.2088+6.195%MEXC0.2088+6.205%Bitget0.2088+6.205%gTrade (Gains Network)0.2088+6.205%Gate0.2088+6.211%
ApeX Omni
BloFin
SunX
Orderly
KuCoin
BingX
Binance
OKX
GMX
dYdX
HTX
Bybit
MEXC
Bitget
gTrade (Gains Network)
GatePhemex0.2088+6.211%
Extended0.2088+6.214%SoDEX0.2089+6.231%Hyperliquid0.2089+6.256%Kraken Futures0.2089+6.268%Coinbase International0.2089+6.272%Backpack0.2090+6.287%Deribit0.2090+6.328%Lighter0.2091+6.348%Aster0.2091+6.353%
Extended
SoDEX
Hyperliquid
Kraken Futures
Coinbase International
Backpack
Deribit
Lighter
AsterXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −5.847% | +0.0033% | 1h | $786 | $40K | 12x | as long as short |
| Variational Omni XLM | −0.932% | +0.0100% | 8h | $196K | $922K | — | as long as short |
| Phoenix XLMshort | −0.795% | +0.0231% | 1h | $4K | $31K | 5x | |
| ApeX Omni XLMUSDT | −0.599% | +0.0100% | 1h | $166K | $256K | 50x | as long as short |
| edgeX XLMUSDC | −0.582% | +0.0100% | 4h | $11K | $295K | 10x | as long as short |
| BloFin XLM-USDT | −0.115% | +0.0220% | 8h | $2.2M | $5.9M | 75x | as long as short |
| SunX XLM-USDT | −0.062% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.053% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| KuCoin XLMUSDTM | −0.043% | +0.0100% | 8h | $14.0M | $9.3M | 75x | as long as short |
| BingX XLM-USDT | −0.029% | +0.0100% | 8h | — | $6.6M | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XLMUSDT | −0.024% | +0.0100% | 8h | $52.8M | $137.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | −0.024% | +0.0100% | 8h | $11.4M | $36.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.020% | L +0.0165% / S +0.0042% | 1h | $46K | — | 100x | as long as short |
| dYdX XLM-USD | −0.019% | +0.0126% | 1h | $24K | $2K | 10x | as long as short |
| HTX XLM-USDT | −0.019% | +0.0100% | 8h | $195K | $270K | 20x | as long as short |
| Bybit XLMUSDT | −0.014% | +0.0100% | 8h | $42.2M | $37.8M | 75x | as long as short |
| MEXC XLM_USDT | −0.005% | +0.0100% | 8h | $23.2M | $24.4M | 300x | as long as short |
| Bitget XLMUSDT | −0.005% | +0.0100% | 8h | $24.5M | $16.9M | 75x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.005% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Gate XLM_USDT | 0.000% | +0.0100% | 8h | $3.8M | $5.5M | 75x | as long as short |
| Phemex XLMUSDTlong | 0.000% | +0.0100% | 8h | $8.5M | $8.7M | 50x | |
| Extended XLM-USD | +0.003% | +0.0104% | 1h | $203K | $1.5M | 10x | as long as short |
| SoDEX XLM-USD | +0.019% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Hyperliquid XLM | +0.043% | +0.0100% | 1h | $11.1M | $5.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.054% | +0.0200% | 1h | $2.3M | $2.0M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.057% | +0.0448% | 1h | $253K | $1.5M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.072% | +0.0156% | 1h | $99K | $203K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.110% | +0.0804% | 1h | $519K | $153K | 25x | as long as short |
| Lighter XLM | +0.129% | +0.0224% | 1h | $426K | $671K | 5x | as long as short |
| Aster XLMUSDT | +0.134% | +0.0129% | 8h | $586K | $745K | 75x | as long as short |