Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.012%
Price spread now: gTrade (Gains Network) against Lighter−0.287%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.287% cheaper against Lighter than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPD | 1,316.8 | 0.0032 | pay 0.0004% / 1h | 45m 57s | $404K | $153K | 20x |
| Short | gTrade (Gains Network) XPD/USD | 1,313 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 45m 57s | — | — | — |
Lighter XPD
gTrade (Gains Network) XPD/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$5.17
- Price spread: −0.287% → 0.000%
- −$28.71
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$43.88
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 24 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 24 min ago | 7.97 bp | 16.1 bp −$16 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | −0.0011% | 1h | 1,313.9 | −0.220% | $2.7M | $524K | 20x | as long as short |
| BloFin XPD-USDT | −0.0005% | 4h | 1,316.5 | −0.022% | $30K | $19K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,316.6 | −0.018% | $3.8M | $4.3M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,316.5 | −0.021% | $2.0M | $409K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,315.7 | −0.081% | $13.2M | $337K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,316.4 | −0.030% | $541K | $12K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,315.3 | −0.116% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,315.9 | −0.071% | $10K | $32K | 20x | as long as short |
| gTrade (Gains Network) XPD/USDshort | L +0.0008% / S −0.0007% | 1h | 1,313 | −0.287% | — | — | — | |
| edgeX XPDUSDC | +0.0020% | 4h | 1,316.4 | −0.029% | $38K | $206K | 10x | as long as short |
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
edgeX XPDUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPDlong | +0.0032% | 1h | 1,316.8 | long leg | $404K | $153K | 20x | |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.215% | $16K | $20K | 52x | as long as short |
| Bitget XPDUSDT | +0.0076% | 4h | 1,315.9 | −0.068% | $5.0M | $219K | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,315.1 | −0.132% | $171K | $4K | 75x | as long as short |
| Aster XPDUSDT | +0.0120% | 4h | 1,315.4 | −0.109% | $27K | $12K | 20x | as long as short |
| OKX XPD-USDT-SWAP | +0.0160% | 8h | 1,316.1 | −0.053% | $321K | $486K | 50x | as long as short |
| GRVT XPD_USDT_Perp | +0.0458% | 4h | 1,316.3 | −0.039% | $338K | $1.0M | 25x | as long as short |
Injective XPD/USDC PERP
Bitget XPDUSDT
KuCoin XPDUSDTM
Aster XPDUSDT
OKX XPD-USDT-SWAP
GRVT XPD_USDT_Perp