Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against KuCoin+0.132%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.132%, 7d avg +0.098%
=Together, before fees+0.128%+ Points / potential airdropLighter: Season 3 · farm board+$13 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 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2118 | 0.0100 | pay 0.0100% / 8h | 1h 01m | $14.0M | $9.4M | 75x |
| Short | Lighter XLM | 0.2121 | 0.0096 | get 0.0012% / 1h | 1m 34s | $366K | $947K | 5x |
KuCoin XLMUSDTM
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.132% → +0.098%
- $3.42
- Slippage, 4 orders
- −$61.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$70.49
- Costs to cover
- 0.731%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Lighter: live order book, 39 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 KuCoin live order book, 7 min ago | 0.24 bp | 24.3 bp −$24 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 39 min ago | 7.78 bp | 23.0 bp −$23 | 59.3 bp −$593 | 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 | 0.2117 | −0.036% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.321% | $683 | $241K | 12x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2121 | +0.132% | $366K | $947K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2119 | +0.044% | $563K | $615K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | +0.014% | $54.3M | $162.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.057% | $42.9M | $47.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | −0.024% | $12.2M | $44.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2117 | −0.033% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2119 | +0.028% | $24.6M | $29.3M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2118 | long leg | $14.0M | $9.4M | 75x |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2118 | −0.014% | $25.4M | $22.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2118 | −0.024% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | +0.233% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2121 | +0.120% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2120 | +0.100% | $594K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | +0.198% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2118 | −0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2119 | +0.033% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.014% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2119 | +0.033% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | +0.019% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2118 | −0.016% | $189K | $1.5M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0205% | 1h | 0.2118 | +0.009% | $129K | $348K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2122 | +0.179% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2124 | +0.274% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0307% | 1h | 0.2118 | −0.029% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.0332% | 1h | 0.2121 | +0.123% | $12.1M | $6.5M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2119 | +0.024% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2127 | +0.425% | $222K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2117 | −0.061% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0931% | 1h | 0.2120 | +0.066% | $525K | $172K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL