XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0421%/8h= −46.0% APRnext payment −$0.53 per $10,000 · paid last 24h +0.047%

Price spread now: Lighter against GMX+0.104%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.104% dearer against GMX than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XLM/USD [WBTC.b-USDC]	0.2115	L +0.0517% / S −0.0247%	pay 0.0065% / 1h	46m 28s	$39K	—	100x
Short	Lighter XLM	0.2117	0.0096	get 0.0012% / 1h	46m 28s	$356K	$981K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.104%Rate

Funding earned: −$88.31
Price spread: +0.104% → 0.000%: $10.4
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$89.91
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 64 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 64 min ago	7.44 bp	20.5 bp −$20	53.8 bp −$538	doesn't fit	doesn't fit

GMX: 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	0.2115	+0.002%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+0.478%	$683	$241K	12x	as long as short
Lighter XLMshort	+0.0096%	1h	0.2117	+0.104%	$356K	$981K	5x
Aster XLMUSDT	+0.0100%	8h	0.2115	+0.020%	$562K	$625K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2115	−0.005%	$54.0M	$159.5M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2114	−0.028%	$42.9M	$46.5M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2114	−0.043%	$12.4M	$43.3M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2114	−0.028%	$4.1M	$7.1M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2115	−0.005%	$24.8M	$27.8M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2114	−0.019%	$13.9M	$9.4M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2114	−0.043%	$25.4M	$22.5M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2114	−0.033%	—	$7.3M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2115	−0.014%	$124K	$296K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2119	+0.200%	$253K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2119	+0.203%	$12K	$307K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2121	+0.312%	$594K	$608K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2121	+0.293%	$170K	$264K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2116	+0.052%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2114	−0.019%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2115	+0.005%	$576	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2118	+0.151%	$195K	$250K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2116	+0.033%	$8.9M	$9.0M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2114	−0.036%	$190K	$1.8M	10x	as long as short
Kraken Futures PF_XLMUSD	+0.0143%	1h	0.2116	+0.038%	$2.6M	$2.7M	50x	as long as short
Hyperliquid XLM	+0.0179%	1h	0.2116	+0.057%	$12.1M	$6.4M	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2116	+0.043%	$2.3M	$5.5M	75x	as long as short
Phoenix XLM	+0.0226%	1h	0.2120	+0.227%	$4K	$49K	5x	as long as short
dYdX XLM-USD	+0.0272%	1h	0.2115	−0.017%	$23K	$2K	10x	as long as short
Coinbase International XLM-PERP-INTX	+0.0456%	1h	0.2116	+0.061%	$227K	$1.6M	50x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0507%	1h	0.2117	+0.076%	$525K	$163K	25x	as long as short
GMX XLM/USD [WBTC.b-USDC]long	L +0.0517% / S −0.0247%	1h	0.2115	long leg	$39K	—	100x