Funding you earn now, next payment 23:00 UTC+0.0352%/8h= +38.5% APRnext payment +$0.44 per $10,000 · paid last 24h +0.105%
Price spread now: Lighter against Extended+0.043%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.043%, 7d avg +0.136%
=Together, before fees+0.188%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.093% cheaper against Extended than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.136%). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.076% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 per $10,000. 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 | Extended XLM-USD | 0.2160 | 0.0104 | pay 0.0013% / 1h | 29m 29s | $193K | $1.6M | 10x |
| Short | Lighter XLM | 0.2161 | 0.0456 | get 0.0057% / 1h | 29m 29s | $418K | $812K | 5x |
Extended XLM-USD
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $73.92
- Price spread: +0.043% → +0.136%
- −$9.29
- Slippage, 4 orders
- −$44.15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $15.49
- Costs to cover
- 0.491%
- Break-even
- 5.5 days
Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 50 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 Extended live order book, 4 min ago | 3.69 bp | 8.9 bp −$9 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 50 min ago | 3.94 bp | 5.4 bp −$5 | 57.4 bp −$574 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2163 | +0.131% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0014% | 1h | 0.2158 | −0.097% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2160 | +0.013% | $588K | $804K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2161 | +0.048% | $56.1M | $150.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2160 | +0.001% | $43.8M | $43.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2160 | −0.003% | $13.1M | $42.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2159 | −0.026% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2162 | +0.103% | $26.1M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2161 | +0.075% | $14.5M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2161 | +0.071% | $25.8M | $19.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
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 | 0.2160 | +0.034% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2160 | +0.021% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2169 | +0.405% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2158 | −0.095% | $598K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +0.275% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2155 | −0.221% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2152 | −0.360% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2155 | −0.244% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2156 | −0.188% | $199K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2156 | −0.179% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USDlong | +0.0104% | 1h | 0.2160 | long leg | $193K | $1.6M | 10x | |
| Backpack XLM_USDC_PERP | +0.0195% | 1h | 0.2155 | −0.235% | $101K | $261K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2159 | −0.036% | $2.4M | $6.0M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2162 | +0.085% | $5K | $41K | 5x | as long as short |
| Hyperliquid XLM | +0.0300% | 1h | 0.2163 | +0.131% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2155 | −0.224% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2157 | −0.128% | $232K | $1.5M | 50x | as long as short |
| Lighter XLMshort | +0.0456% | 1h | 0.2161 | +0.043% | $418K | $812K | 5x | |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2033 | −5.870% | $5K | $238K | 12x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0493% | 1h | 0.2156 | −0.184% | $535K | $176K | 25x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0507% | 1h | 0.2156 | −0.185% | $2.6M | $2.7M | 50x | as long as short |
BingX XLM-USDT
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Deribit XLM_USDC-PERPETUAL
Kraken Futures PF_XLMUSD