Funding you earn now, next payment 09:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.272%
Price spread now: Lighter against Injective+1.040%96s7-day average +0.241% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now +1.040%, 7d avg +0.241%
=Together, before fees+0.112%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.799% dearer against Injective than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of +0.241%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XLM/USDC PERP | 0.2125 | 0.0033 | pay 0.0004% / 1h | 3m 24s | $683 | $241K | 12x |
| Short | Lighter XLM | 0.2147 | 0.0096 | get 0.0012% / 1h | 3m 24s | $369K | $932K | 5x |
Injective XLM/USDC PERP
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: +1.040% → +0.241%
- $79.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $93.02
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 27 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 27 min ago | 9.97 bp | 11.4 bp −$11 | 58.7 bp −$587 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2144 | +0.916% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPlong | +0.0033% | 1h | 0.2125 | long leg | $683 | $241K | 12x | |
| Lighter XLMshort | +0.0096% | 1h | 0.2147 | +1.040% | $369K | $932K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2147 | +1.044% | $569K | $545K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2145 | +0.959% | $55.6M | $156.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2144 | +0.904% | $44.4M | $44.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2145 | +0.960% | $12.3M | $45.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2144 | +0.908% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2145 | +0.941% | $24.4M | $29.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2145 | +0.922% | $13.9M | $9.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit 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 | 0.2145 | +0.960% | $26.1M | $22.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2145 | +0.922% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2146 | +1.007% | $121K | $331K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2141 | +0.760% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2141 | +0.737% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2143 | +0.853% | $591K | $548K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2140 | +0.687% | $171K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2146 | +0.988% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2145 | +0.918% | $1K | $1.5M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2146 | +0.988% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2144 | +0.899% | $198K | $189K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2145 | +0.946% | $8.8M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2144 | +0.913% | $191K | $710K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2142 | +0.819% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2142 | +0.776% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2142 | +0.814% | $215K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0336% | 1h | 0.2147 | +1.024% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0497% / S −0.0231% | 1h | 0.2145 | +0.921% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0556% | 1h | 0.2148 | +1.101% | $12.4M | $6.0M | 5x | as long as short |
| dYdX XLM-USD | +0.0848% | 1h | 0.2145 | +0.919% | $27K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1009% | 1h | 0.2148 | +1.073% | $533K | $110K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
dYdX XLM-USD
Deribit XLM_USDC-PERPETUAL