Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against OKX+0.184%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.184%, 7d avg +0.124%
=Together, before fees+0.153%+ Points / potential airdropLighter: Season 3 · farm board+$15 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: Lighter is 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XLM-USDT-SWAP | 0.2121 | 0.0100 | pay 0.0100% / 8h | 6h 03m | $12.6M | $41.6M | 50x |
| Short | Lighter XLM | 0.2125 | 0.0096 | get 0.0012% / 1h | 3m 21s | $358K | $913K | 5x |
OKX XLM-USDT-SWAP
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.184% → +0.124%
- $5.99
- Slippage, 4 orders
- −$54.93
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$59.78
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 62 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 OKX live order book, 5 min ago | 0.24 bp | 9.5 bp −$10 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 62 min ago | 4.85 bp | 15.6 bp −$16 | 56.3 bp −$563 | 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 | 0.2119 | −0.066% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.193% | $683 | $241K | 12x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2125 | +0.184% | $358K | $913K | 5x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2121 | −0.018% | $54.1M | $154.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2121 | −0.009% | $42.9M | $45.9M | 75x | as long as short |
| OKX XLM-USDT-SWAPlong | +0.0100% | 8h | 0.2121 | long leg | $12.6M | $41.6M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2120 | −0.057% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2120 | −0.024% | $23.4M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2123 | +0.080% | $14.1M | $10.0M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2121 | −0.005% | $25.4M | $20.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Binance XLMUSDT
Bybit XLMUSDT
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2120 | −0.038% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2123 | +0.113% | $88K | $258K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | −0.036% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2120 | −0.044% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | +0.057% | $594K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2121 | +0.009% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2121 | +0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | +0.080% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2123 | +0.104% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | +0.146% | $196K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2123 | +0.104% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2122 | +0.049% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0115% | 8h | 0.2122 | +0.068% | $567K | $624K | 75x | as long as short |
| dYdX XLM-USD | +0.0138% | 1h | 0.2122 | +0.070% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2121 | +0.014% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0310% | 1h | 0.2122 | +0.066% | $12.2M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0381% | 1h | 0.2124 | +0.125% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2124 | +0.132% | $234K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2119 | −0.091% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0739% | 1h | 0.2124 | +0.165% | $527K | $151K | 25x | as long as short |
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
Aster XLMUSDT
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