Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.111%
Price spread now: BingX against Lighter−0.113%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.113% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2130 | 0.0096 | pay 0.0012% / 1h | 3m 02s | $357K | $997K | 5x |
| Short | BingX XLM-USDT | 0.2128 | 0.0100 | get 0.0100% / 8h | 2h 03m | — | $7.4M | — |
Lighter XLM
BingX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.113% → 0.000%
- −$11.27
- Slippage, 4 orders
- −$43.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.47
- Costs to cover
- 0.530%
- Break-even
- 535.9 days
Slippage from Lighter: live order book, 42 min ago; BingX: live order book, 4 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, 42 min ago | 7.33 bp | 19.3 bp −$19 | 52.7 bp −$527 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 0.23 bp | 7.4 bp −$7 | 13.6 bp −$136 | 24.5 bp −$2,449 | 79.6 bp −$39.8K |
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 | 0.2126 | −0.192% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.253% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2130 | long leg | $357K | $997K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2128 | −0.115% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2129 | −0.073% | $54.7M | $162.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2127 | −0.160% | $43.1M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2128 | −0.108% | $12.3M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2128 | −0.122% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2129 | −0.066% | $24.6M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2129 | −0.080% | $13.9M | $9.4M | 75x | as long as short |
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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2128 | −0.117% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDTshort | +0.0100% | 8h | 0.2128 | −0.113% | — | $7.4M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2130 | −0.013% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | −0.008% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.033% | $590K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2130 | −0.042% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2128 | −0.113% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2125 | −0.253% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2128 | −0.099% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.066% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2129 | −0.056% | $8.8M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2128 | −0.113% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2129 | −0.076% | $2.6M | $2.7M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0170% | 1h | 0.2129 | −0.080% | $117K | $322K | 20x | as long as short |
| Hyperliquid XLM | +0.0208% | 1h | 0.2130 | −0.019% | $12.1M | $6.6M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | −0.047% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | −0.023% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0253% | 1h | 0.2127 | −0.138% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2131 | +0.014% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2126 | −0.207% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0737% | 1h | 0.2129 | −0.061% | $528K | $167K | 25x | as long as short |
Bitget XLMUSDT
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
Backpack XLM_USDC_PERP
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL