XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.014%

Price spread now: Lighter against MEXC+0.026%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$290.285% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.026%, 7d avg +0.008%

Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, 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	MEXC XPD_USDT	1,297.8	0	get 0.0000% / 4h	12m 03s	$13.0M	$282K	100x
Short	Lighter XPD	1,298.1	0.0032	get 0.0004% / 1h	12m 03s	$399K	$161K	20x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee LighterbpOrdersPrice spread, now +0.026%Rate

Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 17 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	0.81 bp	0.8 bp −$1	2.6 bp −$26	100.7 bp −$10.1K	314.4 bp −$157.2K
Sell Lighter live order book, 17 min ago	9.65 bp	9.7 bp −$10	37.6 bp −$376	doesn't fit	doesn't fit

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
edgeX XPDUSDC	−0.0018%	4h	1,294	−0.293%	$37K	$206K	10x	as long as short
Binance XPDUSDT	0.0000%	4h	1,298.2	+0.036%	$3.7M	$5.0M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,297.9	+0.010%	$2.0M	$482K	100x	as long as short
MEXC XPD_USDTlong	0.0000%	4h	1,297.8	long leg	$13.0M	$282K	100x
Variational Omni XPD	0.0000%	4h	1,293.8	−0.307%	$531K	$27K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,295.4	−0.186%	—	$1.7M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,297.6	−0.009%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,295.6	−0.170%	—	—	—	as long as short
Lighter XPDshort	+0.0032%	1h	1,298.1	+0.026%	$399K	$161K	20x
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.700%	$16K	$20K	52x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDT	+0.0044%	4h	1,298	+0.015%	$31K	$21K	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,295.2	−0.197%	$2.7M	$534K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,296.4	−0.102%	$168K	$7K	75x	as long as short
Aster XPDUSDT	+0.0180%	4h	1,297.1	−0.051%	$27K	$6K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0203%	8h	1,297.6	−0.012%	$327K	$492K	50x	as long as short
Bitget XPDUSDT	+0.0402%	4h	1,297.1	−0.054%	$5.0M	$255K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0712%	4h	1,294.3	−0.267%	$335K	$672K	25x	as long as short