Funding you earn now, next payment 12:00 UTC−0.0637%/8h= −69.8% APRnext payment −$0.80 per $10,000 · paid last 24h +0.020%
Price spread now: Lighter against dYdX+0.109%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.109% dearer against dYdX than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XLM-USD | 0.2116 | 0.0733 | pay 0.0092% / 1h | 8m 30s | $27K | $5K | 10x |
| Short | Lighter XLM | 0.2119 | 0.0096 | get 0.0012% / 1h | 8m 30s | $363K | $748K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- −$133.77
- Price spread: +0.109% → 0.000%
- $10.93
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$132.84
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 29 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 29 min ago | 5.95 bp | 27.5 bp −$28 | 67.3 bp −$673 | doesn't fit | doesn't fit |
dYdX: 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 on 31 exchanges
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 | 0.2115 | −0.058% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.402% | $683 | $241K | 12x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2119 | +0.109% | $363K | $748K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2118 | +0.071% | $562K | $354K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2116 | −0.022% | $54.8M | $137.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2115 | −0.047% | $43.8M | $40.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2116 | −0.042% | $12.2M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.023% | $4.0M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2116 | −0.014% | $24.2M | $27.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | +0.001% | $14.0M | $8.2M | 75x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2115 | −0.056% | $26.0M | $20.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2116 | −0.032% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2119 | +0.133% | $119K | $298K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2117 | +0.020% | $254K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2120 | +0.162% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2119 | +0.106% | $589K | $495K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2119 | +0.133% | $170K | $250K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2120 | +0.166% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.213% | $2K | $1.3M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2119 | +0.114% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2120 | +0.185% | $191K | $236K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | +0.133% | $8.6M | $8.4M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2115 | −0.059% | $188K | $602K | 10x | as long as short |
| Phoenix XLM | +0.0152% | 1h | 0.2120 | +0.166% | $4K | $45K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0211% | 1h | 0.2120 | +0.166% | $2.7M | $2.4M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2122 | +0.260% | $2.3M | $5.1M | 75x | as long as short |
| Hyperliquid XLM | +0.0285% | 1h | 0.2117 | +0.043% | $12.3M | $4.2M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0368% | 1h | 0.2122 | +0.246% | $200K | $1.2M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0512% / S −0.0245% | 1h | 0.2119 | +0.122% | $39K | — | 100x | as long as short |
| dYdX XLM-USDlong | +0.0733% | 1h | 0.2116 | long leg | $27K | $5K | 10x | |
| Deribit XLM_USDC-PERPETUAL | +0.0788% | 1h | 0.2121 | +0.223% | $526K | $104K | 25x | as long as short |
Lighter XLM
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL