Funding you earn now, next payment 03:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h +0.111%
Price spread now: Lighter against Aster−0.070%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.070%, 7d avg +0.040%
=Together, before fees+0.165%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Lighter is 0.110% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.040%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XLMUSDT | 0.2139 | 0.0112 | pay 0.0112% / 8h | 5h 29m | $569K | $624K | 75x |
| Short | Lighter XLM | 0.2138 | 0.0096 | get 0.0012% / 1h | 29m 16s | $359K | $903K | 5x |
Aster XLMUSDT
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- −$3.38
- Price spread: −0.070% → +0.040%
- −$11.05
- Slippage, 4 orders
- −$54.46
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$76.89
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from Aster: live order book, 33 min ago; Lighter: live order book, 31 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 Aster live order book, 33 min ago | 2.36 bp | 8.2 bp −$8 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 4.01 bp | 21.0 bp −$21 | 62.0 bp −$620 | 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 | 0.2136 | −0.140% | $4K | — | 150x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2138 | −0.070% | $359K | $903K | 5x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2136 | −0.164% | $54.8M | $154.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | −0.206% | $43.2M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2135 | −0.196% | $12.6M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2137 | −0.126% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2136 | −0.159% | $24.0M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2136 | −0.140% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2137 | −0.126% | $25.6M | $21.1M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2138 | −0.075% | — | $6.7M | — | as long as short |
gTrade (Gains Network) XLM/USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2139 | −0.009% | $97K | $273K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2139 | −0.016% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2131 | −0.402% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2142 | +0.131% | $593K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2139 | −0.005% | $171K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2137 | −0.112% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2136 | −0.168% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2136 | −0.159% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.084% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2136 | −0.168% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2136 | −0.148% | $190K | $1.8M | 10x | as long as short |
| Aster XLMUSDTlong | +0.0112% | 8h | 0.2139 | long leg | $569K | $624K | 75x | |
| dYdX XLM-USD | +0.0211% | 1h | 0.2137 | −0.128% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2139 | −0.033% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2127 | −0.570% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0439% | 1h | 0.2139 | −0.005% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0460% | 1h | 0.2136 | −0.170% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2144 | +0.215% | $231K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0193% | 1h | 0.2137 | −0.135% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0733% | 1h | 0.2138 | −0.056% | $531K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.673% | $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
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
BloFin XLM-USDT
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