Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.110%
Price spread now: Lighter against ApeX Omni−0.038%48s7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)−0.472%−$47 · spread now −0.038%, 7d avg +0.083%
=Together, before fees−0.347%+ Points / potential airdropLighter: Season 3 · farm board−$35 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: Lighter is 0.120% cheaper against ApeX Omni than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.083%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XLMUSDT | 0.2121 | 0.0100 | pay 0.0013% / 1h | 2m 39s | $170K | $257K | 50x |
| Short | Lighter XLM | 0.2120 | 0.0096 | get 0.0012% / 1h | 2m 39s | $357K | $913K | 5x |
ApeX Omni XLMUSDT
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.038% → +0.083%
- −$12.02
- Slippage, 4 orders
- −$63.76
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$86.63
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 64 min ago; Lighter: live order book, 62 min ago.
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 ApeX Omni live order book, 64 min ago | 6.25 bp | 14.3 bp −$14 | 103.9 bp −$1,039 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 62 min ago | 4.85 bp | 15.6 bp −$16 | 56.3 bp −$563 | doesn't fit | doesn't fit |
XLM on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2119 | −0.076% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.184% | $683 | $241K | 12x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2120 | −0.038% | $357K | $913K | 5x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | −0.084% | $54.1M | $154.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | −0.132% | $42.9M | $45.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | −0.094% | $12.6M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | −0.123% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2120 | −0.071% | $23.4M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | −0.099% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2119 | −0.123% | $25.3M | $20.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2119 | −0.113% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2118 | −0.146% | $87K | $258K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | −0.046% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2120 | −0.054% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | +0.047% | $594K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDTlong | +0.0100% | 1h | 0.2121 | long leg | $170K | $257K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2121 | −0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2120 | −0.038% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2121 | −0.005% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | +0.132% | $196K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | −0.123% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | −0.095% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0115% | 8h | 0.2119 | −0.083% | $566K | $624K | 75x | as long as short |
| dYdX XLM-USD | +0.0135% | 1h | 0.2118 | −0.154% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2121 | +0.005% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0310% | 1h | 0.2121 | 0.000% | $12.2M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0382% | 1h | 0.2121 | −0.023% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2124 | +0.123% | $234K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2119 | −0.101% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0741% | 1h | 0.2122 | +0.042% | $527K | $151K | 25x | as long as short |
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL