Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.100%
Price spread now: KuCoin against Lighter−0.028%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.028%, 7d avg −0.098%
=Together, before fees−0.228%+ Points / potential airdropLighter: Season 3 · farm board−$23 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: KuCoin is 0.070% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XLM | 0.2116 | 0.0096 | pay 0.0012% / 1h | 34m 54s | $365K | $941K | 5x |
| Short | KuCoin XLMUSDTM | 0.2115 | 0.0100 | get 0.0100% / 8h | 34m 54s | $14.0M | $9.3M | 75x |
Lighter XLM
KuCoin XLMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.028% → −0.098%
- $7
- Slippage, 4 orders
- −$53.71
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.88
- Costs to cover
- 0.657%
- Break-even
- 489.3 days
Slippage from Lighter: live order book, 65 min ago; KuCoin: 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, 65 min ago | 7.78 bp | 9.6 bp −$10 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.41 bp | 14.8 bp −$15 | 30.9 bp −$309 | 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 | 0.2112 | −0.159% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.435% | $683 | $241K | 12x | as long as short |
| Lighter XLMlong | +0.0096% | 1h | 0.2116 | long leg | $365K | $941K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2115 | −0.037% | $561K | $596K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2116 | +0.003% | $54.3M | $160.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2114 | −0.085% | $42.8M | $46.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2115 | −0.033% | $12.1M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2113 | −0.137% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | −0.076% | $24.2M | $29.0M | 300x | as long as short |
| KuCoin XLMUSDTMshort | +0.0100% | 8h | 0.2115 | −0.028% | $14.0M | $9.3M | 75x |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2115 | −0.038% | $25.4M | $22.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.113% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2113 | −0.128% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2116 | +0.011% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | +0.304% | $586K | $577K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2115 | −0.038% | $169K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2113 | −0.132% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.113% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2114 | −0.109% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.137% | $195K | $222K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2114 | −0.080% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2115 | −0.044% | $189K | $1.3M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0201% | 1h | 0.2114 | −0.061% | $129K | $344K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2115 | −0.019% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2122 | +0.288% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0324% | 1h | 0.2113 | −0.152% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2115 | −0.047% | $219K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2112 | −0.184% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0551% | 1h | 0.2114 | −0.080% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0564% | 1h | 0.2117 | +0.070% | $12.1M | $6.4M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0839% | 1h | 0.2115 | −0.043% | $524K | $172K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL