Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.111%
Price spread now: Aster against Lighter−0.062%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.062%, 7d avg −0.040%
=Together, before fees−0.038%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$4 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: Aster is 0.022% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2120 | 0.0096 | pay 0.0012% / 1h | 48m 47s | $370K | $961K | 5x |
| Short | Aster XLMUSDT | 0.2119 | 0.0100 | get 0.0100% / 8h | 4h 48m | $563K | $625K | 75x |
Lighter XLM
Aster XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: −0.062% → −0.040%
- −$2.21
- Slippage, 4 orders
- −$51.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$61.33
- Costs to cover
- 0.600%
- Break-even
- 518.1 days
Slippage from Lighter: live order book, 6 min ago; Aster: live order book, 9 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 Lighter live order book, 6 min ago | 6.10 bp | 18.4 bp −$18 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell Aster live order book, 9 min ago | 3.06 bp | 9.9 bp −$10 | 26.8 bp −$268 | 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 | −0.141% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.236% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2120 | long leg | $370K | $961K | 5x | |
| Hyperliquid XLM | +0.0100% | 1h | 0.2119 | −0.024% | $12.2M | $6.2M | 5x | as long as short |
| Aster XLMUSDTshort | +0.0100% | 8h | 0.2119 | −0.062% | $563K | $625K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | −0.047% | $54.1M | $154.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | −0.080% | $42.8M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | −0.009% | $12.4M | $42.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2118 | −0.108% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2119 | −0.047% | $23.7M | $26.7M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Hyperliquid XLM
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | −0.057% | $14.0M | $9.7M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2118 | −0.080% | $25.4M | $21.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2119 | −0.052% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2117 | −0.118% | $95K | $274K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.006% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2128 | +0.373% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.368% | $593K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2121 | +0.038% | $170K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2118 | −0.094% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.198% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.099% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.052% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2118 | −0.075% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | −0.050% | $189K | $1.8M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2117 | −0.118% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2129 | +0.401% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0235% | 1h | 0.2120 | −0.017% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0266% | 1h | 0.2118 | −0.104% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2120 | −0.014% | $233K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2117 | −0.143% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0884% | 1h | 0.2119 | −0.028% | $526K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
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
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL