Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against edgeX+0.077%109s7-day average +0.101% · 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—prices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.077%, 7d avg +0.101%
=Together, before fees+0.105%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$11 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 0.024% cheaper against edgeX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.101%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLMUSDC | 0.2117 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $12K | $308K | 10x |
| Short | Lighter XLM | 0.2119 | 0.0096 | get 0.0012% / 1h | 43m 43s | $355K | $931K | 5x |
edgeX XLMUSDC
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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: +0.077% → +0.101%
- −$2.39
- Slippage, 4 orders
- −$42.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$54.36
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 64 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 edgeX live order book, 64 min ago | 1.18 bp | 5.9 bp −$6 | 49.4 bp −$494 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 62 min ago | 7.33 bp | 20.0 bp −$20 | 53.4 bp −$534 | 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 | 0.2119 | +0.061% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.365% | $683 | $241K | 12x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2119 | +0.077% | $355K | $931K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2117 | −0.034% | $561K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2117 | −0.002% | $54.4M | $163.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2116 | −0.079% | $42.8M | $47.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2116 | −0.046% | $12.2M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.051% | $3.9M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.008% | $24.9M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.003% | $14.0M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2116 | −0.074% | $25.5M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.069% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.243% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2117 | long leg | $12K | $308K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2116 | −0.069% | $593K | $615K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2116 | −0.055% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | +0.082% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2117 | +0.001% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2117 | +0.006% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2120 | +0.143% | $195K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2118 | +0.025% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2116 | −0.049% | $188K | $1.7M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0181% | 1h | 0.2118 | +0.049% | $129K | $329K | 20x | as long as short |
| dYdX XLM-USD | +0.0198% | 1h | 0.2120 | +0.132% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.0200% | 1h | 0.2118 | +0.030% | $12.1M | $6.6M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | +0.115% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2120 | +0.143% | $4K | $50K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2119 | +0.064% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2118 | +0.025% | $220K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2118 | +0.043% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0978% | 1h | 0.2120 | +0.129% | $525K | $168K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
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
Backpack XLM_USDC_PERP
dYdX XLM-USD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL