Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.110%
Price spread now: KuCoin against Lighter−0.090%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.090%, 7d avg −0.097%
=Together, before fees−0.166%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2115 | 0.0096 | pay 0.0012% / 1h | 54m 45s | $356K | $900K | 5x |
| Short | KuCoin XLMUSDTM | 0.2113 | 0.0100 | get 0.0100% / 8h | 5h 54m | $14.0M | $9.9M | 75x |
Lighter XLM
KuCoin XLMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.090% → −0.097%
- $0.7
- Slippage, 4 orders
- −$67.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$77.9
- Costs to cover
- 0.794%
- Break-even
- 656.2 days
Slippage from Lighter: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago | 4.01 bp | 22.9 bp −$23 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.18 bp | 20.0 bp −$20 | 36.4 bp −$364 | doesn't fit | doesn't fit |
XLM on 30 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 | 0.2110 | −0.230% | $4K | — | 150x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2115 | long leg | $356K | $900K | 5x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2114 | −0.052% | $53.9M | $153.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2112 | −0.142% | $42.7M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2112 | −0.137% | $12.5M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2114 | −0.043% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2113 | −0.090% | $23.2M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTMshort | +0.0100% | 8h | 0.2113 | −0.090% | $14.0M | $9.9M | 75x | |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2112 | −0.118% | $25.3M | $20.7M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.033% | — | $7.1M | — | as long as short |
gTrade (Gains Network) XLM/USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
Bitget XLMUSDT
BingX XLM-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2113 | −0.080% | $87K | $261K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.258% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2112 | −0.150% | $12K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | −0.015% | $585K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2110 | −0.218% | $169K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2111 | −0.175% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2109 | −0.279% | $2K | $1.6M | 20x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2116 | +0.080% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2112 | −0.113% | $8.9M | $8.9M | 50x | as long as short |
| SoDEX XLM-USD | +0.0103% | 1h | 0.2112 | −0.151% | $2K | $6K | 5x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2114 | −0.038% | $188K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0108% | 8h | 0.2114 | −0.053% | $565K | $623K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2113 | −0.076% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0272% | 1h | 0.2114 | −0.014% | $12.2M | $6.1M | 5x | as long as short |
| dYdX XLM-USD | +0.0332% | 1h | 0.2112 | −0.148% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2119 | +0.194% | $233K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0465% | 1h | 0.2112 | −0.125% | $2.6M | $2.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2110 | −0.230% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0603% | 1h | 0.2112 | −0.142% | $524K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.487% | $683 | $241K | 12x | as long as short |
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
HTX XLM-USDT
Phemex XLMUSDT
SoDEX XLM-USD
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP