Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.092%
Price spread now: ApeX Omni against Lighter−0.307%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.307%, 7d avg −0.086%
=Together, before fees−0.023%+ Points / potential airdropLighter: Season 3 · farm board−$2 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: ApeX Omni is 0.221% cheaper against Lighter than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2120 | 0.0096 | pay 0.0012% / 1h | 37m 28s | $365K | $917K | 5x |
| Short | ApeX Omni XLMUSDT | 0.2113 | 0.0100 | get 0.0013% / 1h | 37m 28s | $169K | $265K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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: −0.307% → −0.086%
- −$22.08
- Slippage, 4 orders
- −$57.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$88.66
- Costs to cover
- 0.674%
- Break-even
- 745.8 days
Slippage from Lighter: live order book, 58 min ago; ApeX Omni: live order book, 59 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, 58 min ago | 5.43 bp | 22.3 bp −$22 | 55.8 bp −$558 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 59 min ago | 6.39 bp | 14.1 bp −$14 | 114.2 bp −$1,142 | 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 | 0.2116 | −0.195% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.241% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2120 | long leg | $365K | $917K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2118 | −0.103% | $561K | $583K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2117 | −0.137% | $55.1M | $161.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2116 | −0.184% | $43.7M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2117 | −0.142% | $12.1M | $45.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.184% | $4.0M | $7.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.118% | $24.6M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.142% | $14.0M | $9.1M | 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 | 0.2117 | −0.156% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2116 | −0.165% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2117 | −0.118% | $129K | $346K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.366% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2114 | −0.262% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2113 | −0.302% | $589K | $551K | 10x | as long as short |
| ApeX Omni XLMUSDTshort | +0.0100% | 1h | 0.2113 | −0.307% | $169K | $265K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | −0.184% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.292% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2116 | −0.184% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2115 | −0.226% | $195K | $219K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2116 | −0.184% | $8.7M | $8.8M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2117 | −0.156% | $188K | $940K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2114 | −0.269% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2117 | −0.151% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2114 | −0.255% | $218K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0341% | 1h | 0.2116 | −0.195% | $2.5M | $2.6M | 50x | as long as short |
| Hyperliquid XLM | +0.0466% | 1h | 0.2119 | −0.024% | $12.1M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2115 | −0.245% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0837% | 1h | 0.2117 | −0.123% | $525K | $148K | 25x | as long as short |
| dYdX XLM-USD | +0.0886% | 1h | 0.2116 | −0.201% | $23K | $2K | 10x | as long as short |
Lighter XLM
ApeX Omni XLMUSDT
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL