Funding you earn now, next payment 22:00 UTC+0.0628%/8h= +68.8% APRpaid last 24h +0.097%
Price spread now: Lighter against Aster+0.240%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.240%, 7d avg +0.035%
=Together, before fees−0.155%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 0.205% dearer against Aster than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.035%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XLMUSDT | 0.2130 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $585K | $790K | 75x |
| Short | Lighter XLM | 0.2135 | 0.0728 | get 0.0091% / 1h | 30m 39s | $426K | $788K | 5x |
Aster XLMUSDT
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $131.88
- Price spread: +0.240% → +0.035%
- $20.52
- Slippage, 4 orders
- −$51.6
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $92.79
- Costs to cover
- 0.596%
- Break-even
- 2.1 days
Slippage from Aster: live order book, 57 min ago; Lighter: live order book, 54 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 Aster live order book, 57 min ago | 2.81 bp | 11.9 bp −$12 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 54 min ago | 4.93 bp | 11.3 bp −$11 | 60.7 bp −$607 | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2130 | −0.002% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2130 | −0.024% | $4K | — | 150x | as long as short |
| Aster XLMUSDTlong | +0.0100% | 8h | 0.2130 | long leg | $585K | $790K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2131 | +0.038% | $55.0M | $144.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2130 | −0.004% | $43.3M | $40.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2130 | −0.004% | $12.9M | $40.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2130 | −0.027% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2130 | +0.006% | $25.0M | $25.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2130 | −0.009% | $14.3M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2131 | +0.020% | $25.5M | $17.9M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2130 | +0.006% | — | $6.9M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2131 | +0.048% | $102K | $222K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2131 | +0.054% | $206K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2129 | −0.063% | $11K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2131 | +0.057% | $597K | $620K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | −0.116% | $170K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2130 | −0.013% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.079% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2130 | +0.010% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2131 | +0.053% | $199K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2130 | +0.006% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2130 | +0.007% | $191K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2131 | +0.015% | $5K | $43K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2131 | +0.024% | $2.3M | $6.2M | 75x | as long as short |
| Hyperliquid XLM | +0.0227% | 1h | 0.2132 | +0.081% | $11.9M | $5.8M | 5x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2127 | −0.154% | $476 | $154K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0312% / S −0.0166% | 1h | 0.2130 | −0.028% | $44K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2127 | −0.131% | $228K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0554% | 1h | 0.2132 | +0.065% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0642% | 1h | 0.2132 | +0.095% | $529K | $168K | 25x | as long as short |
| Lighter XLMshort | +0.0728% | 1h | 0.2135 | +0.240% | $426K | $788K | 5x |
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Hyperliquid XLM
Injective XLM/USDC PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL