Funding you earn now, next payment 00:00 UTC+0.0476%/8h= +52.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.110%
Price spread now: Lighter against ApeX Omni+0.023%78s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now +0.023%, 7d avg +0.090%
=Together, before fees+0.209%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.067% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.090%). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.124% in total) that is about 3.7 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 per $10,000. 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 | ApeX Omni XLMUSDT | 0.2169 | 0.0100 | pay 0.0013% / 1h | 37m 58s | $174K | $256K | 50x |
| Short | Lighter XLM | 0.2170 | 0.0576 | get 0.0072% / 1h | 37m 58s | $419K | $809K | 5x |
ApeX Omni XLMUSDT
Lighter XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX 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
- $99.96
- Price spread: +0.023% → +0.090%
- −$6.66
- Slippage, 4 orders
- −$38.87
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $44.43
- Costs to cover
- 0.489%
- Break-even
- 3.9 days
Slippage from ApeX Omni: live order book, 39 min ago; Lighter: live order book, 37 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 ApeX Omni live order book, 39 min ago | 3.69 bp | 10.4 bp −$10 | 84.0 bp −$840 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 37 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 | 0.2039 | −5.998% | $5K | $238K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2166 | −0.159% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0062% | 1h | 0.2165 | −0.205% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2168 | −0.046% | $581K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2166 | −0.120% | $55.9M | $150.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2165 | −0.166% | $44.0M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2166 | −0.161% | $13.1M | $41.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2165 | −0.166% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2166 | −0.134% | $25.6M | $26.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2166 | −0.148% | $14.5M | $10.4M | 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 | 0.2166 | −0.157% | $25.8M | $19.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2166 | −0.161% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2166 | −0.129% | $94K | $266K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2168 | −0.040% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2168 | −0.031% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2169 | −0.023% | $600K | $613K | 10x | as long as short |
| ApeX Omni XLMUSDTlong | +0.0100% | 1h | 0.2169 | long leg | $174K | $256K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2166 | −0.143% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2163 | −0.267% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2165 | −0.166% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2166 | −0.129% | $200K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2166 | −0.143% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2166 | −0.155% | $194K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | −0.083% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2167 | −0.111% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2165 | −0.173% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0412% | 1h | 0.2166 | −0.162% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2171 | +0.092% | $234K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0525% | 1h | 0.2168 | −0.028% | $12.3M | $6.1M | 5x | as long as short |
| Lighter XLMshort | +0.0576% | 1h | 0.2170 | +0.023% | $419K | $809K | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.0766% | 1h | 0.2168 | −0.065% | $538K | $160K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
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