Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.110%
Price spread now: Lighter against SunX+0.155%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1571.566% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.155%, 7d avg +0.073%
=Together, before fees−0.022%+ 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: Lighter is 0.082% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XLM-USDT | 0.2125 | 0.0100 | pay 0.0100% / 8h | 1h 12m | $2K | $1.6M | 20x |
| Short | Lighter XLM | 0.2129 | 0.0096 | get 0.0012% / 1h | 12m 44s | $367K | $947K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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: +0.155% → +0.073%
- $8.22
- Slippage, 4 orders
- −$148.64
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$149.26
- Costs to cover
- 1.566%
- Break-even
- never at this rate
Slippage from SunX: live order book, 13 min ago; Lighter: live order book, 27 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 SunX live order book, 13 min ago | 29.34 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 27 min ago | 7.78 bp | 23.0 bp −$23 | 59.3 bp −$593 | 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 | 0.2124 | −0.057% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.019% | $683 | $241K | 12x | as long as short |
| Lighter XLMshort | +0.0096% | 1h | 0.2129 | +0.155% | $367K | $947K | 5x | |
| Aster XLMUSDT | +0.0100% | 8h | 0.2127 | +0.060% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2126 | +0.051% | $54.6M | $162.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2125 | +0.005% | $43.1M | $47.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | +0.061% | $12.2M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2124 | −0.052% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2127 | +0.080% | $24.9M | $29.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2126 | +0.042% | $14.1M | $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 | 0.2126 | +0.033% | $25.5M | $22.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2124 | −0.042% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2126 | +0.034% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2127 | +0.061% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2127 | +0.098% | $596K | $593K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2126 | +0.038% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2125 | −0.019% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2125 | long leg | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2125 | −0.009% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.052% | $196K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2125 | −0.028% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2125 | −0.024% | $189K | $1.5M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0217% | 1h | 0.2125 | −0.009% | $130K | $349K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2126 | +0.038% | $2.3M | $5.5M | 75x | as long as short |
| dYdX XLM-USD | +0.0261% | 1h | 0.2124 | −0.046% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.0261% | 1h | 0.2127 | +0.099% | $12.1M | $6.5M | 5x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2129 | +0.174% | $4K | $50K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0332% | 1h | 0.2126 | +0.007% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2125 | −0.005% | $222K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2124 | −0.059% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0927% | 1h | 0.2127 | +0.075% | $527K | $168K | 25x | as long as short |
SunX XLM-USDT
Lighter XLM
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
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Hyperliquid XLM
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL