XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Lighter against Injective−2.333%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 2.333% cheaper against Injective than usual: you would sell low and buy high, −$233 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XPD/USDC PERP	1,332.8	0.0033	pay 0.0004% / 1h	50m 45s	$16K	$20K	52x
Short	Lighter XPD	1,301.7	0.0032	get 0.0004% / 1h	50m 45s	$401K	$160K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −2.333%Rate

Funding earned: −$0.28
Price spread: −2.333% → 0.000%: −$233.34
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$233.64
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 54 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 54 min ago	1.15 bp	22.6 bp −$23	50.7 bp −$507	doesn't fit	doesn't fit

Injective: 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.

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	1,298.7	−2.556%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,299.4	−2.508%	—	—	—	as long as short
Lighter XPDshort	+0.0032%	1h	1,301.7	−2.333%	$401K	$160K	20x
Injective XPD/USDC PERPlong	+0.0033%	1h	1,332.8	long leg	$16K	$20K	52x
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,299	−2.536%	$2.7M	$472K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,299.3	−2.513%	$169K	$6K	75x	as long as short
Gate XPD_USDT	+0.0124%	4h	1,301.4	−2.356%	$2.0M	$470K	100x	as long as short
Variational Omni XPD	+0.0228%	4h	1,301.3	−2.367%	$537K	$24K	—	as long as short
OKX XPD-USDT-SWAP	+0.0309%	8h	1,300.9	−2.393%	$322K	$473K	50x	as long as short
edgeX XPDUSDC	+0.0344%	4h	1,300.2	−2.446%	$37K	$205K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XPD_USDT	+0.0358%	4h	1,299.3	−2.517%	$13.1M	$268K	100x	as long as short
Binance XPDUSDT	+0.0363%	4h	1,301.5	−2.349%	$3.8M	$4.7M	100x	as long as short
BloFin XPD-USDT	+0.0416%	4h	1,302.3	−2.291%	$30K	$20K	100x	as long as short
HTX XPD-USDT	+0.0446%	4h	1,301.1	−2.375%	$10K	$34K	20x	as long as short
Bitget XPDUSDT	+0.0530%	4h	1,299.5	−2.502%	$5.0M	$242K	100x	as long as short
Aster XPDUSDT	+0.0604%	4h	1,300.3	−2.437%	$27K	$5K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1254%	4h	1,300.2	−2.445%	$336K	$718K	25x	as long as short