Funding you earn now, next payment 09:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.122%
Price spread now: gTrade (Gains Network) against Lighter−0.028%221s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.028% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 221 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 | Lighter XLM | 0.2139 | 0.0096 | pay 0.0012% / 1h | 56m 42s | $374K | $856K | 5x |
| Short | gTrade (Gains Network) XLM/USD | 0.2139 | L 0.0000% / S +0.0002% | pay 0.0000% / 1h | 56m 42s | $4K | — | 150x |
Lighter XLM
gTrade (Gains Network) XLM/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.57
- Price spread: −0.028% → 0.000%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$33.37
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 33 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 33 min ago | 9.97 bp | 10.4 bp −$10 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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/USDshort | L 0.0000% / S +0.0002% | 1h | 0.2139 | −0.028% | $4K | — | 150x | |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.668% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2139 | long leg | $374K | $856K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2138 | −0.044% | $567K | $545K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | −0.123% | $55.5M | $152.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | −0.178% | $44.2M | $43.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | −0.164% | $12.4M | $44.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2136 | −0.136% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2137 | −0.108% | $24.3M | $27.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2137 | −0.117% | $13.9M | $8.9M | 75x | as long as short |
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 | 0.2136 | −0.154% | $26.0M | $22.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2136 | −0.150% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2139 | −0.023% | $121K | $323K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2137 | −0.103% | $256K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2137 | −0.100% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2141 | +0.070% | $590K | $547K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2141 | +0.061% | $172K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2136 | −0.154% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2135 | −0.187% | $2K | $1.5M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2137 | −0.089% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2135 | −0.182% | $197K | $187K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2138 | −0.075% | $8.7M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2136 | −0.173% | $190K | $659K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2138 | −0.079% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2137 | −0.122% | $4K | $47K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2135 | −0.196% | $214K | $1.4M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0406% | 1h | 0.2137 | −0.108% | $530K | $105K | 25x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0482% | 1h | 0.2138 | −0.074% | $2.6M | $2.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0496% / S −0.0231% | 1h | 0.2139 | −0.014% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0615% | 1h | 0.2140 | +0.009% | $12.3M | $6.0M | 5x | as long as short |
| dYdX XLM-USD | +0.0714% | 1h | 0.2133 | −0.275% | $27K | $5K | 10x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
dYdX XLM-USD