Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.110%
Price spread now: Bitget against Lighter−0.151%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.151%, 7d avg −0.115%
=Together, before fees−0.125%+ Points / potential airdropLighter: Season 3 · farm board−$12 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: Bitget is 0.035% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2122 | 0.0096 | pay 0.0012% / 1h | 45m 08s | $356K | $931K | 5x |
| Short | Bitget XLMUSDT | 0.2119 | 0.0100 | get 0.0100% / 8h | 1h 45m | $25.5M | $23.0M | 75x |
Lighter XLM
Bitget XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0.84
- Price spread: −0.151% → −0.115%
- −$3.54
- Slippage, 4 orders
- −$46.31
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.02
- Costs to cover
- 0.583%
- Break-even
- 515.5 days
Slippage from Lighter: live order book, 60 min ago; Bitget: live order book, 4 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, 60 min ago | 7.33 bp | 19.3 bp −$19 | 52.7 bp −$527 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.94 bp | 9.9 bp −$10 | 15.7 bp −$157 | 33.4 bp −$3,335 | 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 | 0.2118 | −0.189% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.118% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2122 | long leg | $356K | $931K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2118 | −0.197% | $561K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | −0.184% | $54.3M | $163.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | −0.212% | $42.9M | $47.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | −0.170% | $12.2M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2118 | −0.203% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | −0.090% | $25.0M | $28.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2120 | −0.108% | $14.1M | $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 XLMUSDTshort | +0.0100% | 8h | 0.2119 | −0.151% | $25.5M | $23.0M | 75x | |
| BingX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.146% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.489% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2117 | −0.246% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2116 | −0.316% | $593K | $615K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2116 | −0.302% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2120 | −0.118% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2118 | −0.217% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | −0.132% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.443% | $195K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2121 | −0.090% | $8.8M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | −0.138% | $188K | $1.7M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0154% | 1h | 0.2120 | −0.099% | $129K | $329K | 20x | as long as short |
| Hyperliquid XLM | +0.0200% | 1h | 0.2121 | −0.090% | $12.1M | $6.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0212% | 1h | 0.2113 | −0.465% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | −0.132% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2120 | −0.104% | $4K | $50K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2121 | −0.079% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2116 | −0.325% | $219K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2119 | −0.164% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1166% | 1h | 0.2122 | −0.038% | $526K | $168K | 25x | as long as short |
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
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL