Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against Bybit+0.236%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.236%, 7d avg +0.130%
=Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · farm board+$5 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 0.106% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLMUSDT | 0.2161 | 0.0100 | pay 0.0100% / 8h | 7h 06m | $44.4M | $44.1M | 75x |
| Short | Lighter XLM | 0.2166 | 0.0096 | get 0.0012% / 1h | 6m 40s | $399K | $838K | 5x |
Bybit XLMUSDT
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.236% → +0.130%
- $10.57
- Slippage, 4 orders
- −$52.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$53.68
- Costs to cover
- 0.634%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 63 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 Bybit live order book, 2 min ago | 2.31 bp | 12.4 bp −$12 | 17.2 bp −$172 | 60.6 bp −$6,057 | doesn't fit |
| Sell Lighter live order book, 63 min ago | 5.81 bp | 16.9 bp −$17 | 50.5 bp −$505 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.185% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2165 | +0.180% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0064% | 1h | 0.2163 | +0.084% | $23K | $2K | 10x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2166 | +0.236% | $399K | $838K | 5x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2162 | +0.060% | $55.8M | $150.3M | 75x | as long as short |
| Bybit XLMUSDTlong | +0.0100% | 8h | 0.2161 | long leg | $44.4M | $44.1M | 75x | |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2160 | −0.060% | $13.1M | $41.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2164 | +0.134% | $4.1M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2162 | +0.028% | $25.1M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | +0.139% | $14.4M | $10.1M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Binance XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2163 | +0.106% | $25.8M | $19.7M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2164 | +0.120% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2166 | +0.250% | $89K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2167 | +0.284% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2168 | +0.325% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2164 | +0.161% | $610K | $578K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2167 | +0.268% | $174K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2166 | +0.231% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2163 | +0.102% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2167 | +0.255% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2167 | +0.268% | $199K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2166 | +0.241% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2163 | +0.104% | $193K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0155% | 8h | 0.2166 | +0.226% | $581K | $619K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0182% | 1h | 0.2167 | +0.284% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | +0.282% | $2.3M | $5.3M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2171 | +0.444% | $5K | $42K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2168 | +0.324% | $233K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0530% | 1h | 0.2166 | +0.222% | $12.6M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0620% / S −0.1263% | 1h | 0.2165 | +0.174% | $174K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0766% | 1h | 0.2168 | +0.319% | $538K | $150K | 25x | as long as short |
Bitget XLMUSDT
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
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL