Spread before costs (cost unknown: a leg has no order-book sample)−6.975%
7d average—if it closes, per $10,000$697funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2113 | 0.0100 | pay 0.0100% / 8h | 3m 35s | $285K | $838K | — |
| Short | Injective XLM/USDC PERP | 0.1966 | 0.0033 | get 0.0004% / 1h | 3m 35s | $786 | $102K | 12x |
Variational Omni XLM
Injective XLM/USDC PERPPrice 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
- −$697.48
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$699.5
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 Variational Omni RFQ quote, 47 min ago | 7.11 bp | doesn't fit | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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
OKX0.2107+7.167%Bitget0.2108+7.202%Bybit0.2108+7.213%BingX0.2108+7.228%Extended0.2108+7.231%dYdX0.2109+7.251%SunX0.2109+7.253%MEXC0.2109+7.258%Gate0.2109+7.263%KuCoin0.2109+7.263%Binance0.2109+7.275%gTrade (Gains Network)0.2110+7.326%Hyperliquid0.2110+7.340%GMX0.2111+7.352%Lighter0.2111+7.355%Orderly0.2111+7.375%Aster0.2111+7.394%Backpack0.2111+7.396%SoDEX0.2112+7.401%Phemex0.2112+7.406%Kraken Futures0.2112+7.422%Deribit0.2112+7.447%BloFin0.2113+7.477%edgeX0.2113+7.480%
OKX
Bitget
Bybit
BingX
Extended
dYdX
SunX
MEXC
Gate
KuCoin
Binance
gTrade (Gains Network)
Hyperliquid
GMX
Lighter
Orderly
Aster
Backpack
SoDEX
Phemex
Kraken Futures
Deribit
BloFinVariational Omni0.2113+7.498%
ApeX Omni0.2114+7.518%HTX0.2114+7.523%Phoenix0.2114+7.543%Coinbase International0.2118+7.726%
ApeX Omni
HTX
Phoenix
Coinbase InternationalXLM on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERPshort | −6.975% | +0.0033% | 1h | $786 | $102K | 12x | |
| OKX XLM-USDT-SWAP | −0.308% | +0.0100% | 8h | $11.6M | $36.1M | 50x | as long as short |
| Bitget XLMUSDT | −0.275% | +0.0100% | 8h | $24.5M | $16.6M | 75x | as long as short |
| Bybit XLMUSDT | −0.265% | +0.0100% | 8h | $41.7M | $36.6M | 75x | as long as short |
| BingX XLM-USDT | −0.251% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Extended XLM-USD | −0.248% | +0.0104% | 1h | $207K | $1.5M | 10x | as long as short |
| dYdX XLM-USD | −0.230% | +0.0048% | 1h | $24K | $1K | 10x | as long as short |
| SunX XLM-USDT | −0.227% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| MEXC XLM_USDT | −0.223% | +0.0100% | 8h | $25.3M | $24.6M | 300x | as long as short |
| Gate XLM_USDT | −0.218% | +0.0100% | 8h | $3.8M | $6.3M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | −0.218% | +0.0100% | 8h | $14.4M | $9.4M | 75x | as long as short |
| Binance XLMUSDT | −0.207% | +0.0100% | 8h | $52.3M | $139.1M | 75x | as long as short |
| gTrade (Gains Network) XLM/USD | −0.160% | L 0.0000% / S +0.0002% | 1h | $10K | — | 150x | as long as short |
| Hyperliquid XLM | −0.146% | +0.0141% | 1h | $11.3M | $5.5M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | −0.136% | L +0.0176% / S +0.0031% | 1h | $47K | — | 100x | as long as short |
| Lighter XLM | −0.133% | +0.0096% | 1h | $447K | $744K | 5x | as long as short |
| Orderly PERP_XLM_USDC_mythos | −0.114% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Aster XLMUSDT | −0.097% | +0.0100% | 8h | $588K | $1.2M | 75x | as long as short |
| Backpack XLM_USDC_PERP | −0.095% | +0.0100% | 1h | $99K | $206K | 20x | as long as short |
| SoDEX XLM-USD | −0.090% | +0.0100% | 1h | $2K | $6K | 5x | as long as short |
| Phemex XLMUSDT | −0.085% | +0.0100% | 8h | $8.6M | $8.9M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | −0.071% | +0.0141% | 1h | $2.4M | $2.1M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | −0.048% | +0.0461% | 1h | $525K | $145K | 25x | as long as short |
| BloFin XLM-USDT | −0.019% | +0.0220% | 8h | $2.2M | $6.0M | 75x | as long as short |
| edgeX XLMUSDC | −0.016% | +0.0100% | 4h | $13K | $292K | 10x | as long as short |
| Variational Omni XLMlong | 0.000% | +0.0100% | 8h | $285K | $838K | — | |
| ApeX Omni XLMUSDT | +0.019% | +0.0100% | 1h | $169K | $243K | 50x | as long as short |
| HTX XLM-USDT | +0.023% | +0.0100% | 8h | $197K | $274K | 20x | as long as short |
| Phoenix XLM | +0.042% | +0.0152% | 1h | $13K | $31K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.213% | +0.0384% | 1h | $269K | $1.4M | 50x | as long as short |