Funding you earn now, next payment 07:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h −0.075%
Price spread now: BloFin against Lighter−0.028%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.028%, 7d avg −0.089%
=Together, before fees−0.046%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.061% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2127 | 0.0096 | pay 0.0012% / 1h | 57m 15s | $356K | $930K | 5x |
| Short | BloFin XLM-USDT | 0.2126 | 0.0220 | get 0.0220% / 8h | 1h 57m | $2.3M | $5.6M | 75x |
Lighter XLM
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $26.04
- Price spread: −0.028% → −0.089%
- $6.09
- Slippage, 4 orders
- −$41.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.77
- Costs to cover
- 0.539%
- Break-even
- 12.9 days
Slippage from Lighter: live order book, 48 min ago; BloFin: live order book, 6 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, 48 min ago | 7.33 bp | 19.3 bp −$19 | 52.7 bp −$527 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.70 bp | 7.2 bp −$7 | 12.2 bp −$122 | 22.7 bp −$2,273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2127 | −0.006% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2124 | −0.143% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.085% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2127 | long leg | $356K | $930K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2127 | +0.004% | $563K | $633K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2125 | −0.103% | $54.6M | $162.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2124 | −0.132% | $43.0M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2124 | −0.150% | $12.3M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2124 | −0.113% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2125 | −0.085% | $24.3M | $28.3M | 300x | as long as short |
dYdX XLM-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2124 | −0.118% | $13.9M | $9.4M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2124 | −0.136% | $25.6M | $22.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2124 | −0.150% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2126 | −0.033% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2124 | −0.132% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.039% | $590K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | +0.038% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2124 | −0.132% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.169% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2124 | −0.118% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.005% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2125 | −0.080% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2124 | −0.114% | $189K | $1.8M | 10x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2126 | −0.028% | $2.3M | $5.6M | 75x | |
| Phoenix XLM | +0.0226% | 1h | 0.2127 | 0.000% | $4K | $49K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0298% | 1h | 0.2124 | −0.108% | $131K | $329K | 20x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0332% | 1h | 0.2125 | −0.075% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0362% | 1h | 0.2127 | +0.004% | $12.1M | $6.6M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2128 | +0.071% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2124 | −0.142% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0833% | 1h | 0.2126 | −0.033% | $527K | $167K | 25x | as long as short |
KuCoin XLMUSDTM
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
Phoenix XLM
Backpack XLM_USDC_PERP
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL