XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Injective against Lighter+2.531%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Injective

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: Injective is 2.531% dearer against Lighter than usual: you sell high and buy low, +$253 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	Lighter XPD	1,299.9	0.0032	pay 0.0004% / 1h	0m 23s	$400K	$161K	20x
Short	Injective XPD/USDC PERP	1,332.8	0.0033	get 0.0004% / 1h	0m 23s	$16K	$20K	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee LighterbpFee InjectivebpOrdersPrice spread, now +2.531%Rate

Funding earned: $0.28
Price spread: +2.531% → 0.000%: $253.1
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $253.36
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 24 min ago; Injective: 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	3.88 bp	7.0 bp −$7	28.3 bp −$283	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
tradeXYZ xyz:PALLADIUM	−0.0268%	1h	1,298.8	−0.085%	$2.7M	$575K	20x	as long as short
BloFin XPD-USDT	−0.0058%	4h	1,301.8	+0.146%	$32K	$22K	100x	as long as short
Aster XPDUSDT	0.0000%	4h	1,299.9	0.000%	$27K	$6K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,301.3	+0.107%	$3.6M	$5.2M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,300.2	+0.023%	$2.0M	$495K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,300.1	+0.012%	$12.9M	$373K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,300.2	+0.024%	$529K	$32K	—	as long as short
GRVT XPD_USDT_Perp	0.0000%	4h	1,302.6	+0.206%	$337K	$628K	25x	as long as short
SunX XPD-USDT	0.0000%	4h	1,300.6	+0.051%	—	$1.6M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,301.3	+0.105%	$10K	$35K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX XPDUSDC	+0.0002%	4h	1,303.7	+0.289%	$37K	$206K	10x	as long as short
Bitget XPDUSDT	+0.0006%	4h	1,300.8	+0.072%	$5.0M	$299K	100x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,298.8	−0.082%	—	—	—	as long as short
OKX XPD-USDT-SWAP	+0.0025%	8h	1,300.7	+0.062%	$337K	$548K	50x	as long as short
Lighter XPDlong	+0.0032%	1h	1,299.9	long leg	$400K	$161K	20x
Injective XPD/USDC PERPshort	+0.0033%	1h	1,332.8	+2.531%	$16K	$20K	52x
KuCoin XPDUSDTM	+0.0100%	4h	1,299.8	−0.005%	$169K	$7K	75x	as long as short