Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.111%
Price spread now: SunX against Lighter−0.033%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.531%−$53 · spread now −0.033%, 7d avg −0.060%
=Together, before fees−0.620%+ Points / potential airdropLighter: Season 3 · farm board−$62 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: SunX is 0.027% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2144 | 0.0096 | pay 0.0012% / 1h | 12m 34s | $375K | $923K | 5x |
| Short | SunX XLM-USDT | 0.2143 | 0.0100 | get 0.0100% / 8h | 5h 12m | $2K | $1.6M | 20x |
Lighter XLM
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.033% → −0.060%
- $2.7
- Slippage, 4 orders
- −$160.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$164.83
- Costs to cover
- 1.684%
- Break-even
- 1380.6 days
Slippage from Lighter: live order book, 48 min ago; SunX: live order book, 13 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 | 4.01 bp | 22.9 bp −$23 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 29.35 bp | 76.8 bp −$77 | doesn't fit | 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 | 0.2142 | −0.053% | $4K | — | 150x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2144 | long leg | $375K | $923K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2141 | −0.116% | $570K | $623K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2140 | −0.166% | $54.8M | $154.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2140 | −0.191% | $43.2M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2139 | −0.238% | $12.6M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2141 | −0.135% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2141 | −0.121% | $24.2M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2141 | −0.112% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2139 | −0.215% | $25.7M | $21.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2140 | −0.173% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2149 | +0.256% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | +0.101% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.166% | $594K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | +0.084% | $172K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2142 | −0.075% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2143 | −0.033% | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2141 | −0.126% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2144 | +0.033% | $198K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2141 | −0.135% | $9.0M | $8.9M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2141 | −0.140% | $96K | $274K | 20x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | −0.220% | $191K | $1.8M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2141 | −0.117% | $2.3M | $4.9M | 75x | as long as short |
| dYdX XLM-USD | +0.0221% | 1h | 0.2141 | −0.140% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2145 | +0.075% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0351% | 1h | 0.2141 | −0.126% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0459% | 1h | 0.2141 | −0.135% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | +0.117% | $235K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0193% | 1h | 0.2142 | −0.079% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0591% | 1h | 0.2143 | −0.019% | $532K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.868% | $683 | $241K | 12x | as long as short |
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Backpack XLM_USDC_PERP
Extended XLM-USD
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP