Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.061%
Price spread now: Gate against Lighter−0.151%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.151%, 7d avg −0.107%
=Together, before fees−0.083%+ Points / potential airdropLighter: Season 3 · farm board−$8 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: Gate is 0.044% 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 −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2121 | 0.0096 | pay 0.0012% / 1h | 48m 31s | $371K | $803K | 5x |
| Short | Gate XLM_USDT | 0.2118 | 0.0100 | get 0.0100% / 8h | 5h 48m | $4.0M | $6.6M | 75x |
Lighter XLM
Gate XLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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% → −0.107%
- −$4.43
- Slippage, 4 orders
- −$64.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$82.8
- Costs to cover
- 0.792%
- Break-even
- 697.0 days
Slippage from Lighter: live order book, 59 min ago; Gate: live order book, 3 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, 59 min ago | 5.66 bp | 15.6 bp −$16 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.36 bp | 15.5 bp −$16 | 29.9 bp −$299 | doesn't fit | doesn't fit |
XLM on 31 exchanges
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 | 0.2120 | −0.044% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.179% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2121 | long leg | $371K | $803K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | −0.069% | $562K | $453K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | −0.126% | $54.7M | $145.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | −0.151% | $44.1M | $41.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | −0.160% | $12.3M | $42.6M | 50x | as long as short |
| Gate XLM_USDTshort | +0.0100% | 8h | 0.2118 | −0.151% | $4.0M | $6.6M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2119 | −0.099% | $24.5M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | −0.090% | $13.8M | $8.6M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2117 | −0.189% | $26.1M | $21.3M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.104% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2120 | −0.047% | $120K | $302K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2118 | −0.153% | $253K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | −0.089% | $12K | $310K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2120 | −0.039% | $592K | $530K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2119 | −0.094% | $170K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | −0.104% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2120 | −0.061% | $1K | $1.4M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | −0.071% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2120 | −0.066% | $191K | $244K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2120 | −0.057% | $8.6M | $8.5M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2118 | −0.148% | $190K | $609K | 10x | as long as short |
| Phoenix XLM | +0.0150% | 1h | 0.2120 | −0.033% | $4K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | −0.042% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0256% | 1h | 0.2119 | −0.081% | $2.6M | $2.5M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2121 | −0.014% | $211K | $1.3M | 50x | as long as short |
| Hyperliquid XLM | +0.0417% | 1h | 0.2120 | −0.038% | $12.5M | $5.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0494% | 1h | 0.2119 | −0.087% | $27K | $5K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0512% / S −0.0245% | 1h | 0.2119 | −0.096% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0552% | 1h | 0.2121 | −0.005% | $526K | $103K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
dYdX XLM-USD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL