Funding you earn now, next payment 22:00 UTC+0.0502%/8h= +54.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.047%
Price spread now: Lighter against GMX+0.308%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Lighter is 0.308% dearer against GMX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XLM/USD [WBTC.b-USDC] | 0.2166 | L +0.0314% / S −0.0166% | pay 0.0039% / 1h | 11m 07s | $45K | — | 100x |
| Short | Lighter XLM | 0.2173 | 0.0816 | get 0.0102% / 1h | 11m 07s | $427K | $804K | 5x |
GMX XLM/USD [WBTC.b-USDC]
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- $105.35
- Price spread: +0.308% → 0.000%
- $30.83
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $124.19
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 9 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 9 min ago | 3.94 bp | 5.4 bp −$5 | 57.4 bp −$574 | doesn't fit | doesn't fit |
GMX: 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 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 | 0.2161 | −0.230% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2167 | +0.016% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2168 | +0.054% | $591K | $796K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2170 | +0.156% | $56.4M | $146.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2168 | +0.096% | $44.0M | $41.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2169 | +0.105% | $13.1M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2168 | +0.068% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2169 | +0.138% | $25.8M | $25.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2168 | +0.096% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2169 | +0.124% | $26.0M | $18.2M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) 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 | 0.2168 | +0.096% | — | $6.9M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2170 | +0.184% | $103K | $223K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2160 | −0.278% | $234K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2165 | −0.046% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2162 | −0.214% | $606K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | −0.033% | $174K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2168 | +0.073% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2164 | −0.130% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2168 | +0.096% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2170 | +0.165% | $200K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2167 | +0.045% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2168 | +0.087% | $194K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2162 | −0.195% | $5K | $43K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | +0.036% | $2.3M | $6.3M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2127 | −1.820% | $476 | $154K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]long | L +0.0314% / S −0.0166% | 1h | 0.2166 | long leg | $45K | — | 100x | |
| Hyperliquid XLM | +0.0315% | 1h | 0.2172 | +0.248% | $12.3M | $5.9M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2170 | +0.184% | $231K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0544% | 1h | 0.2169 | +0.128% | $2.6M | $2.6M | 50x | as long as short |
| Lighter XLMshort | +0.0816% | 1h | 0.2173 | +0.308% | $427K | $804K | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.0903% | 1h | 0.2171 | +0.202% | $539K | $170K | 25x | as long as short |
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
Injective XLM/USDC PERP
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL