Funding you earn now, next payment 06:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h +0.014%
Price spread now: Lighter against Gate+0.055%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.055%, 7d avg −0.008%
=Together, before fees−0.034%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.063% dearer against Gate than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.008%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPD_USDT | 1,300.1 | 0.0126 | pay 0.0063% / 4h | 2h 53m | $2.0M | $469K | 100x |
| Short | Lighter XPD | 1,300.8 | 0.0048 | get 0.0006% / 1h | 53m 36s | $401K | $160K | 20x |
Gate XPD_USDT
Lighter XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$16.38
- Price spread: +0.055% → −0.008%
- $6.3
- Slippage, 4 orders
- −$73.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$98.76
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 51 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 Gate live order book, 4 min ago | 0.65 bp | 23.7 bp −$24 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 51 min ago | 1.15 bp | 22.6 bp −$23 | 50.7 bp −$507 | doesn't fit | doesn't fit |
XPD on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,297.8 | −0.180% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,298.1 | −0.156% | — | — | — | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.516% | $16K | $20K | 52x | as long as short |
| Lighter XPDshort | +0.0048% | 1h | 1,300.8 | +0.055% | $401K | $160K | 20x | |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,297.7 | −0.184% | $2.7M | $472K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,297.9 | −0.170% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDTlong | +0.0126% | 4h | 1,300.1 | long leg | $2.0M | $469K | 100x | |
| Variational Omni XPD | +0.0215% | 4h | 1,300.3 | +0.016% | $536K | $24K | — | as long as short |
| OKX XPD-USDT-SWAP | +0.0299% | 8h | 1,299.8 | −0.022% | $321K | $472K | 50x | as long as short |
| edgeX XPDUSDC | +0.0331% | 4h | 1,299.9 | −0.018% | $37K | $205K | 10x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Variational Omni XPD
OKX XPD-USDT-SWAP
edgeX XPDUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0352% | 4h | 1,298.3 | −0.139% | $13.1M | $268K | 100x | as long as short |
| Binance XPDUSDT | +0.0356% | 4h | 1,300.1 | +0.003% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0402% | 4h | 1,300.7 | +0.045% | $30K | $20K | 100x | as long as short |
| HTX XPD-USDT | +0.0460% | 4h | 1,299.6 | −0.035% | $10K | $34K | 20x | as long as short |
| Bitget XPDUSDT | +0.0522% | 4h | 1,299.4 | −0.050% | $5.0M | $242K | 100x | as long as short |
| Aster XPDUSDT | +0.0596% | 4h | 1,299 | −0.085% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1258% | 4h | 1,299.7 | −0.030% | $338K | $715K | 25x | as long as short |
MEXC XPD_USDT
Binance XPDUSDT
BloFin XPD-USDT
HTX XPD-USDT
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp