XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h −0.087%

Price spread now: GMX against Lighter−0.127%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

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

Funding pays, the price is against you. GMX is 0.127% cheaper against Lighter than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.8 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XLM	0.2122	0.0096	pay 0.0012% / 1h	47m 59s	$373K	$959K	5x
Short	GMX XLM/USD [WBTC.b-USDC]	0.2120	L +0.0517% / S −0.0247%	get 0.0031% / 1h	47m 59s	$39K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.127%Rate

Funding earned: $31.63
Price spread: −0.127% → 0.000%: −$12.67
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $6.96
Costs to cover: 0.120%
Break-even: 5.5 days

Slippage unknown: Lighter: live order book, 62 min ago; GMX: no order-book sample. 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 Lighter live order book, 62 min ago	7.44 bp	27.3 bp −$27	61.7 bp −$617	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	0.2119	−0.137%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+0.123%	$683	$241K	12x	as long as short
Lighter XLMlong	+0.0096%	1h	0.2122	long leg	$373K	$959K	5x
Aster XLMUSDT	+0.0100%	8h	0.2119	−0.151%	$563K	$625K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2119	−0.146%	$54.2M	$159.5M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2118	−0.207%	$43.0M	$46.5M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2119	−0.155%	$12.5M	$43.4M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2119	−0.170%	$4.1M	$7.1M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2119	−0.165%	$24.9M	$27.7M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2119	−0.165%	$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	0.2119	−0.165%	$25.5M	$22.5M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2119	−0.155%	—	$6.7M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2120	−0.094%	$125K	$295K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2119	−0.154%	$253K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2118	−0.209%	$12K	$306K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2121	−0.042%	$594K	$608K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2121	−0.061%	$170K	$264K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2121	−0.066%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2119	−0.184%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2120	−0.108%	$578	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2121	−0.075%	$195K	$250K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2121	−0.080%	$8.9M	$9.0M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2118	−0.202%	$190K	$1.8M	10x	as long as short
Kraken Futures PF_XLMUSD	+0.0143%	1h	0.2121	−0.077%	$2.6M	$2.7M	50x	as long as short
Hyperliquid XLM	+0.0169%	1h	0.2122	−0.028%	$12.1M	$6.4M	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2119	−0.137%	$2.3M	$5.5M	75x	as long as short
Phoenix XLM	+0.0226%	1h	0.2120	−0.127%	$4K	$49K	5x	as long as short
dYdX XLM-USD	+0.0248%	1h	0.2118	−0.225%	$23K	$2K	10x	as long as short
Coinbase International XLM-PERP-INTX	+0.0456%	1h	0.2120	−0.094%	$228K	$1.6M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]short	L +0.0517% / S −0.0247%	1h	0.2120	−0.127%	$39K	—	100x
Deribit XLM_USDC-PERPETUAL	+0.0882%	1h	0.2123	+0.009%	$526K	$162K	25x	as long as short