Funding you earn now, next payment 07:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.291%
Price spread now: Injective against Lighter−0.239%7-day average −0.251% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.239%, 7d avg −0.251%
=Together, before fees−0.255%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.251%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2130 | 0.0096 | pay 0.0012% / 1h | 14m 45s | $368K | $946K | 5x |
| Short | Injective XLM/USDC PERP | 0.2125 | 0.0033 | get 0.0004% / 1h | 14m 45s | $683 | $241K | 12x |
Lighter XLM
Injective XLM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.16
- Price spread: −0.239% → −0.251%
- $1.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$12.02
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 25 min ago; Injective: 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, 25 min ago | 7.78 bp | 9.6 bp −$10 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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/USD | L 0.0000% / S +0.0002% | 1h | 0.2125 | −0.222% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPshort | +0.0033% | 1h | 0.2125 | −0.239% | $683 | $241K | 12x | |
| Lighter XLMlong | +0.0096% | 1h | 0.2130 | long leg | $368K | $946K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2129 | −0.072% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2127 | −0.122% | $54.6M | $162.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2126 | −0.188% | $43.1M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | −0.155% | $12.2M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2126 | −0.174% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2127 | −0.122% | $24.9M | $29.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2127 | −0.160% | $14.1M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
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 | 0.2127 | −0.160% | $25.5M | $22.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2127 | −0.164% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2126 | −0.186% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2128 | −0.108% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | −0.089% | $597K | $593K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | −0.127% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | −0.192% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2126 | −0.207% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | −0.141% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.127% | $196K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2127 | −0.155% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2126 | −0.174% | $189K | $1.5M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0220% | 1h | 0.2127 | −0.131% | $130K | $349K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2127 | −0.155% | $2.3M | $5.5M | 75x | as long as short |
| Hyperliquid XLM | +0.0245% | 1h | 0.2130 | −0.014% | $12.1M | $6.5M | 5x | as long as short |
| dYdX XLM-USD | +0.0253% | 1h | 0.2126 | −0.209% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2129 | −0.047% | $4K | $50K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0331% | 1h | 0.2128 | −0.121% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2125 | −0.225% | $222K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2125 | −0.246% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0973% | 1h | 0.2128 | −0.099% | $527K | $168K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Hyperliquid XLM
dYdX XLM-USD
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL