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: Injective against Lighter+2.744%66s7-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 2.744% dearer against Lighter than usual: you sell high and buy low, +$274 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XPD	1,297.2	0.0032	pay 0.0004% / 1h	23m 59s	$399K	$160K	20x
Short	Injective XPD/USDC PERP	1,332.8	0.0033	get 0.0004% / 1h	23m 59s	$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 +2.744%Rate

Funding earned: $0.28
Price spread: +2.744% → 0.000%: $274.44
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: $274.7
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 16 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, 16 min ago	7.30 bp	17.1 bp −$17	40.6 bp −$406	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
SunX XPD-USDT	0.0000%	4h	1,295	−0.173%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,295.3	−0.146%	—	—	—	as long as short
Lighter XPDlong	+0.0032%	1h	1,297.2	long leg	$399K	$160K	20x
Injective XPD/USDC PERPshort	+0.0033%	1h	1,332.8	+2.744%	$16K	$20K	52x
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,294.5	−0.208%	$2.7M	$471K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,295.3	−0.144%	$169K	$6K	75x	as long as short
Gate XPD_USDT	+0.0116%	4h	1,296.7	−0.037%	$2.0M	$479K	100x	as long as short
Variational Omni XPD	+0.0310%	4h	1,296.6	−0.049%	$535K	$24K	—	as long as short
HTX XPD-USDT	+0.0341%	4h	1,298.4	+0.089%	$10K	$34K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0392%	8h	1,295.9	−0.100%	$319K	$476K	50x	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	+0.0406%	4h	1,298.6	+0.109%	$30K	$20K	100x	as long as short
Binance XPDUSDT	+0.0427%	4h	1,296	−0.096%	$3.8M	$4.8M	100x	as long as short
MEXC XPD_USDT	+0.0430%	4h	1,296.3	−0.073%	$13.1M	$269K	100x	as long as short
edgeX XPDUSDC	+0.0434%	4h	1,296.1	−0.086%	$37K	$205K	10x	as long as short
Bitget XPDUSDT	+0.0594%	4h	1,295.9	−0.099%	$5.0M	$246K	100x	as long as short
Aster XPDUSDT	+0.0700%	4h	1,295.5	−0.135%	$26K	$5K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1210%	4h	1,295.3	−0.146%	$335K	$714K	25x	as long as short