Settings8H · net · $10k
Funding arb · Price arb /

XLM

all XLM markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.100%
Price spread now: Variational Omni against Lighter−0.241%7-day average −0.137% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.144%−$14 on $10k
Price spread, last 4 days (all we have)+0.818%+$82 · spread now −0.241%, 7d avg −0.137%
Together, before fees+0.674%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$67 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: Variational Omni is 0.104% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XLM0.21240.0096pay 0.0012% / 1h11m 18s$366K$944K5x
ShortVariational Omni XLM0.21190.0100get 0.0100% / 8h11m 18s$252K$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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 it
latest
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: −0.241% → −0.137%
−$10.42
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.58
Costs to cover
0.000%
Break-even
86.9 days
Slippage unknown: Lighter: live order book, 24 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 24 min ago5.43 bp22.3 bp −$2255.8 bp −$558doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago7.07 bpdoesn't fit16.5 bp −$165doesn't fitdoesn't fit

XLM on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2121−0.177%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.033%$683$241K12xas long as short
Lighter XLMlong+0.0096%1h0.2124long leg$366K$944K5x
Aster XLMUSDT+0.0100%8h0.2121−0.150%$562K$596K75xas long as short
Binance XLMUSDT+0.0100%8h0.2122−0.103%$54.3M$158.6M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2121−0.160%$43.1M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2122−0.108%$12.1M$44.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2121−0.174%$3.9M$7.7M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2122−0.122%$24.6M$29.3M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2121−0.151%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2121−0.165%$25.5M$22.6M75xas long as short
BingX XLM-USDT+0.0100%8h0.2121−0.165%$7.3Mas long as short
Variational Omni XLMshort+0.0100%8h0.2119−0.241%$252K$1.3M
edgeX XLMUSDC+0.0100%4h0.2120−0.196%$12K$310K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2124−0.032%$587K$562K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2122−0.089%$170K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2121−0.155%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2120−0.198%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2121−0.151%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2122−0.108%$196K$220K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2122−0.113%$8.7M$8.9M50xas long as short
Extended XLM-USD+0.0104%1h0.2121−0.158%$190K$1.2M10xas long as short
Backpack XLM_USDC_PERP+0.0127%1h0.2122−0.104%$130K$342K20xas long as short
BloFin XLM-USDT+0.0220%8h0.2122−0.132%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0264%1h0.2123−0.066%$4K$50K5xas long as short
dYdX XLM-USD+0.0275%1h0.2121−0.169%$23K$2K10xas long as short
Coinbase International XLM-PERP-INTX+0.0376%1h0.2114−0.490%$219K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0518% / S −0.0247%1h0.2121−0.161%$39K100xas long as short
Kraken Futures PF_XLMUSD+0.0549%1h0.2122−0.106%$2.6M$2.6M50xas long as short
Hyperliquid XLM+0.0599%1h0.2124−0.019%$12.1M$6.4M5xas long as short
Deribit XLM_USDC-PERPETUAL+0.0882%1h0.2123−0.075%$526K$172K25xas long as short