XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.001%

Price spread now: MEXC against Lighter−0.013%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$470.472% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.013%, 7d avg −0.005%

Together, before fees−0.057%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XPD	1,316.7	0.0032	pay 0.0004% / 1h	4m 26s	$403K	$152K	20x
Short	MEXC XPD_USDT	1,316.5	0	get 0.0000% / 4h	1h 04m	$13.2M	$340K	100x

Funding history

latest

Range statsloading…

MEXC against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee MEXCbpOrdersPrice spread, now −0.013%Rate

Slippage from Lighter: live order book, 5 min ago; MEXC: live order book, 9 min ago.

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, 5 min ago	7.97 bp	16.1 bp −$16	37.7 bp −$377	doesn't fit	doesn't fit
Sell MEXC live order book, 9 min ago	2.55 bp	4.7 bp −$5	9.1 bp −$91	73.6 bp −$7,358	281.8 bp −$140.9K

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	−0.0030%	1h	1,313.7	−0.228%	$2.7M	$523K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.5	−0.014%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.5	−0.019%	$2.0M	$414K	100x	as long as short
MEXC XPD_USDTshort	0.0000%	4h	1,316.5	−0.013%	$13.2M	$340K	100x
Variational Omni XPD	0.0000%	4h	1,316.2	−0.035%	$541K	$12K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,315.7	−0.074%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.1	−0.048%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,313.8	−0.219%	—	—	—	as long as short
edgeX XPDUSDC	+0.0009%	4h	1,316.1	−0.047%	$38K	$206K	10x	as long as short
BloFin XPD-USDT	+0.0028%	4h	1,316.3	−0.033%	$30K	$19K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPDlong	+0.0032%	1h	1,316.7	long leg	$403K	$152K	20x
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.223%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,315.6	−0.085%	$171K	$4K	75x	as long as short
Bitget XPDUSDT	+0.0108%	4h	1,315.5	−0.090%	$5.0M	$219K	100x	as long as short
Aster XPDUSDT	+0.0137%	4h	1,316.1	−0.044%	$27K	$12K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0151%	8h	1,316.2	−0.038%	$321K	$485K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0458%	4h	1,316.2	−0.037%	$338K	$1.0M	25x	as long as short