Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.111%
Price spread now: Lighter against Gate+0.066%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now +0.066%, 7d avg +0.105%
=Together, before fees+0.266%+ Points / potential airdropLighter: Season 3 · farm board+$27 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 0.039% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLM_USDT | 0.2119 | 0.0100 | pay 0.0100% / 8h | 5h 38m | $4.1M | $6.7M | 75x |
| Short | Lighter XLM | 0.2121 | 0.0096 | get 0.0012% / 1h | 38m 56s | $356K | $901K | 5x |
Gate XLM_USDT
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: +0.066% → +0.105%
- −$3.9
- Slippage, 4 orders
- −$65.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$85.15
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 21 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 Gate live order book, 4 min ago | 4.23 bp | 16.8 bp −$17 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 21 min ago | 4.01 bp | 21.0 bp −$21 | 62.0 bp −$620 | 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 | 0.2118 | −0.036% | $4K | — | 150x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2121 | +0.066% | $356K | $901K | 5x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | +0.013% | $54.3M | $153.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2121 | +0.085% | $42.9M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2122 | +0.137% | $12.5M | $41.6M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2119 | long leg | $4.1M | $6.7M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2120 | +0.019% | $23.8M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | +0.005% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2119 | 0.000% | $25.5M | $20.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2120 | +0.019% | — | $7.0M | — | as long as short |
gTrade (Gains Network) XLM/USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2118 | −0.042% | $92K | $270K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2122 | +0.136% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2122 | +0.148% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.406% | $589K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.378% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | −0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.156% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.061% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.090% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | −0.014% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | −0.013% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0107% | 8h | 0.2121 | +0.070% | $564K | $624K | 75x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | +0.057% | $2.3M | $4.9M | 75x | as long as short |
| dYdX XLM-USD | +0.0242% | 1h | 0.2120 | +0.022% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2128 | +0.401% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0445% | 1h | 0.2121 | +0.099% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2126 | +0.335% | $232K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0464% | 1h | 0.2118 | −0.050% | $2.6M | $2.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2118 | −0.061% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0647% | 1h | 0.2120 | +0.033% | $526K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.274% | $683 | $241K | 12x | as long as short |
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
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP