Funding you earn now, next payment 23:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h +0.106%
Price spread now: Lighter against Variational Omni−0.287%7-day average +0.138% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)+0.401%+$40 · spread now −0.287%, 7d avg +0.138%
=Together, before fees+0.539%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.425% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.287% now, against its 7-day average of +0.138%). If the spread goes back, that is −$43 on $10k: about 3.4 days of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.139% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2176 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $299K | $1.2M | — |
| Short | Lighter XLM | 0.2170 | 0.0520 | get 0.0065% / 1h | 33m 13s | $420K | $812K | 5x |
Variational Omni XLM
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $88.2
- Price spread: −0.287% → +0.138%
- −$42.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $45.69
- Costs to cover
- 0.000%
- Break-even
- 3.4 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter: live order book, 47 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 1 min ago | 6.92 bp | doesn't fit | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 47 min ago | 3.94 bp | 5.4 bp −$5 | 57.4 bp −$574 | 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 | 0.2166 | −0.479% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0011% | 1h | 0.2168 | −0.374% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2166 | −0.450% | $590K | $801K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2166 | −0.466% | $56.4M | $150.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2165 | −0.517% | $44.0M | $43.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2165 | −0.531% | $13.1M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2166 | −0.453% | $4.1M | $6.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2168 | −0.397% | $26.1M | $26.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2167 | −0.443% | $14.6M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2167 | −0.448% | $25.9M | $19.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX 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-USDC | +0.0100% | 8h | 0.2166 | −0.457% | — | $6.7M | — | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2176 | long leg | $299K | $1.2M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2174 | −0.125% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2170 | −0.302% | $601K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2174 | −0.085% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2166 | −0.471% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2164 | −0.549% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2166 | −0.471% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2168 | −0.397% | $200K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2167 | −0.439% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2167 | −0.443% | $194K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | −0.411% | $2.4M | $6.0M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2175 | −0.071% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0264% | 1h | 0.2169 | −0.319% | $102K | $260K | 20x | as long as short |
| Hyperliquid XLM | +0.0302% | 1h | 0.2170 | −0.296% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2166 | −0.476% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2168 | −0.374% | $233K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2041 | −6.215% | $5K | $238K | 12x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0489% | 1h | 0.2167 | −0.402% | $538K | $176K | 25x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0504% | 1h | 0.2167 | −0.446% | $2.6M | $2.7M | 50x | as long as short |
| Lighter XLMshort | +0.0520% | 1h | 0.2170 | −0.287% | $420K | $812K | 5x |
BingX XLM-USDC
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
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Deribit XLM_USDC-PERPETUAL
Kraken Futures PF_XLMUSD