Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.111%
Price spread now: OKX against Lighter−0.187%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.187%, 7d avg −0.123%
=Together, before fees−0.129%+ Points / potential airdropLighter: Season 3 · farm board−$13 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: OKX is 0.065% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2134 | 0.0096 | pay 0.0012% / 1h | 14m 06s | $375K | $969K | 5x |
| Short | OKX XLM-USDT-SWAP | 0.2130 | 0.0100 | get 0.0100% / 8h | 3h 14m | $12.5M | $43.3M | 50x |
Lighter XLM
OKX XLM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.187% → −0.123%
- −$6.48
- Slippage, 4 orders
- −$59.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.95
- Costs to cover
- 0.693%
- Break-even
- 631.6 days
Slippage from Lighter: live order book, 36 min ago; OKX: live order book, 5 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, 36 min ago | 7.44 bp | 27.3 bp −$27 | 61.7 bp −$617 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.23 bp | 8.9 bp −$9 | 22.5 bp −$225 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2129 | −0.196% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.403% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2134 | long leg | $375K | $969K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2131 | −0.136% | $567K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2130 | −0.150% | $54.7M | $158.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2129 | −0.211% | $43.1M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAPshort | +0.0100% | 8h | 0.2130 | −0.187% | $12.5M | $43.3M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2130 | −0.159% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2131 | −0.131% | $25.7M | $27.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2130 | −0.145% | $14.0M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
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 | 0.2130 | −0.173% | $25.7M | $22.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.155% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2131 | −0.116% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2135 | +0.077% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2134 | +0.009% | $598K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2135 | +0.084% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | −0.122% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2128 | −0.248% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2130 | −0.164% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.112% | $196K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2131 | −0.131% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2130 | −0.188% | $192K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0186% | 1h | 0.2131 | −0.138% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0191% | 1h | 0.2132 | −0.080% | $12.2M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2133 | −0.042% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2132 | −0.056% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0313% | 1h | 0.2130 | −0.189% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0427% | 1h | 0.2131 | −0.122% | $129K | $293K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2135 | +0.075% | $245K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2129 | −0.197% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0877% | 1h | 0.2132 | −0.080% | $529K | $159K | 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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL