Funding you earn now, next payment 00:00 UTC+0.0500%/8h= +54.7% APRpaid last 24h +0.110%
Price spread now: Lighter against Variational Omni+0.012%7-day average +0.142% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.143%+$14 on $10k
+Price spread, last 3 days (all we have)+0.121%+$12 · spread now +0.012%, 7d avg +0.142%
=Together, before fees+0.264%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.129% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.142%). If the spread goes back, that is −$13 on $10k: about 21 hours of funding at the current rate (+$15 a day). At the pace of the last 3 days (+0.143% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.143% in total (about 15.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2175 | 0.0100 | pay 0.0100% / 8h | 44m 53s | $258K | $1.3M | — |
| Short | Lighter XLM | 0.2175 | 0.0600 | get 0.0075% / 1h | 44m 53s | $421K | $809K | 5x |
Variational Omni XLM
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $105
- Price spread: +0.012% → +0.142%
- −$12.94
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $92.06
- Costs to cover
- 0.000%
- Break-even
- 0.9 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter: live order book, 30 min ago. 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 Variational Omni RFQ quote, 4 min ago | 6.91 bp | doesn't fit | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 4.16 bp | 8.0 bp −$8 | 51.0 bp −$510 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2047 | −5.895% | $6K | $238K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2172 | −0.165% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0011% | 1h | 0.2173 | −0.115% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2172 | −0.135% | $582K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2170 | −0.222% | $56.1M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2170 | −0.250% | $44.1M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2169 | −0.277% | $13.2M | $41.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2172 | −0.125% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2170 | −0.259% | $25.7M | $26.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2170 | −0.263% | $14.6M | $10.5M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX 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 | 0.2170 | −0.259% | $25.8M | $19.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2169 | −0.277% | — | $6.7M | — | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2175 | long leg | $258K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2170 | −0.226% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2171 | −0.213% | $601K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2169 | −0.286% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2172 | −0.148% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2170 | −0.236% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2172 | −0.171% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2172 | −0.130% | $201K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2172 | −0.139% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2170 | −0.262% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0117% | 1h | 0.2171 | −0.194% | $96K | $265K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2173 | −0.089% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2169 | −0.273% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2171 | −0.200% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0411% | 1h | 0.2172 | −0.163% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2169 | −0.268% | $233K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0546% | 1h | 0.2173 | −0.093% | $12.4M | $6.1M | 5x | as long as short |
| Lighter XLMshort | +0.0600% | 1h | 0.2175 | +0.012% | $421K | $809K | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.0671% | 1h | 0.2173 | −0.084% | $539K | $160K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL