Funding you earn now, next payment 00:00 UTC−0.0516%/8h= −56.5% APRpaid last 24h −0.110%
Price spread now: Aster against Lighter−0.213%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.213%, 7d avg −0.038%
=Together, before fees+0.100%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Aster is 0.175% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2179 | 0.0616 | pay 0.0077% / 1h | 45m 59s | $421K | $809K | 5x |
| Short | Aster XLMUSDT | 0.2174 | 0.0100 | get 0.0100% / 8h | 45m 59s | $583K | $752K | 75x |
Lighter XLM
Aster XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$108.36
- Price spread: −0.213% → −0.038%
- −$17.51
- Slippage, 4 orders
- −$43.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$176.98
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 29 min ago; Aster: live order book, 32 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, 29 min ago | 4.16 bp | 19.4 bp −$19 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Aster live order book, 32 min ago | 3.00 bp | 11.8 bp −$12 | 25.6 bp −$256 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2040 | −6.362% | $5K | $238K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2177 | −0.092% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0012% | 1h | 0.2173 | −0.270% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDTshort | +0.0100% | 8h | 0.2174 | −0.213% | $583K | $752K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2174 | −0.207% | $56.2M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2173 | −0.257% | $44.2M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2173 | −0.257% | $13.2M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2177 | −0.078% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2177 | −0.083% | $25.9M | $26.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2176 | −0.119% | $14.6M | $10.5M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
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 | 0.2173 | −0.248% | $25.8M | $19.3M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2175 | −0.142% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2175 | −0.155% | $258K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2170 | −0.380% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2171 | −0.367% | $601K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2175 | −0.165% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2177 | −0.073% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2173 | −0.252% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2176 | −0.133% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2177 | −0.092% | $201K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2175 | −0.165% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2177 | −0.088% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0112% | 1h | 0.2176 | −0.124% | $98K | $265K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2169 | −0.422% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2169 | −0.427% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2176 | −0.123% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0410% | 1h | 0.2176 | −0.128% | $2.7M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2169 | −0.422% | $233K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0562% | 1h | 0.2177 | −0.050% | $12.4M | $6.1M | 5x | as long as short |
| Lighter XLMlong | +0.0616% | 1h | 0.2179 | long leg | $421K | $809K | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.0853% | 1h | 0.2179 | 0.000% | $541K | $160K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL