Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.110%
Price spread now: Binance against Lighter−0.125%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.125%, 7d avg −0.095%
=Together, before fees−0.100%+ Points / potential airdropLighter: Season 3 · farm board−$10 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: Binance is 0.030% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2117 | 0.0096 | pay 0.0012% / 1h | 33m 43s | $355K | $933K | 5x |
| Short | Binance XLMUSDT | 0.2114 | 0.0100 | get 0.0100% / 8h | 1h 33m | $54.2M | $163.1M | 75x |
Lighter XLM
Binance XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.125% → −0.095%
- −$2.99
- Slippage, 4 orders
- −$37.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.15
- Costs to cover
- 0.470%
- Break-even
- 416.6 days
Slippage from Lighter: live order book, 6 min ago; Binance: 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 | 7.78 bp | 9.6 bp −$10 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.24 bp | 6.3 bp −$6 | 12.4 bp −$124 | 32.6 bp −$3,260 | 117.1 bp −$58.5K |
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 | 0.2111 | −0.306% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.378% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2117 | long leg | $355K | $933K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2114 | −0.128% | $560K | $634K | 75x | as long as short |
| Binance XLMUSDTshort | +0.0100% | 8h | 0.2114 | −0.125% | $54.2M | $163.1M | 75x | |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2113 | −0.189% | $42.8M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2115 | −0.099% | $12.2M | $44.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2112 | −0.246% | $3.9M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2115 | −0.094% | $25.2M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2112 | −0.222% | $14.0M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster 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 | 0.2114 | −0.137% | $25.4M | $23.1M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.128% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.230% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2118 | +0.026% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2116 | −0.030% | $593K | $593K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2117 | −0.014% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2112 | −0.236% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2110 | −0.345% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2112 | −0.255% | $575 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2110 | −0.326% | $194K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2112 | −0.246% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2114 | −0.140% | $188K | $1.7M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0168% | 1h | 0.2113 | −0.198% | $129K | $329K | 20x | as long as short |
| Hyperliquid XLM | +0.0174% | 1h | 0.2114 | −0.149% | $12.0M | $6.5M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2115 | −0.104% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2114 | −0.128% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0278% | 1h | 0.2113 | −0.206% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0334% | 1h | 0.2112 | −0.244% | $2.5M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2113 | −0.208% | $220K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2112 | −0.230% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0840% | 1h | 0.2113 | −0.179% | $524K | $168K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Hyperliquid XLM
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