Funding you earn now, next payment 02:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h +0.017%
Price spread now: Lighter against BloFin−0.424%780s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 Lighter is 0.424% cheaper against BloFin than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 780 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 | BloFin XPD-USDT | 1,317.3 | 0.0058 | pay 0.0029% / 4h | 2h 36m | $30K | $20K | 100x |
| Short | Lighter XPD | 1,311.7 | 0.0032 | get 0.0004% / 1h | 36m 20s | $404K | $155K | 20x |
BloFin XPD-USDT
Lighter XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$5.37
- Price spread: −0.424% → 0.000%
- −$42.36
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$59.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Lighter: live order book, 23 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 23 min ago | 4.94 bp | 22.3 bp −$22 | 48.6 bp −$486 | doesn't fit | doesn't fit |
BloFin: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | 0.0000% | 4h | 1,313.7 | −0.271% | $38K | $205K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,311.8 | −0.417% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,311.5 | −0.442% | $2.0M | $442K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,310.7 | −0.500% | $13.1M | $333K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,311.5 | −0.436% | $543K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,309.1 | −0.622% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,313.7 | −0.273% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,309.4 | −0.600% | — | — | — | as long as short |
| Aster XPDUSDT | +0.0010% | 4h | 1,310.5 | −0.517% | $27K | $12K | 20x | as long as short |
| Lighter XPDshort | +0.0032% | 1h | 1,311.7 | −0.424% | $404K | $155K | 20x |
edgeX XPDUSDC
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Aster XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.178% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,309.3 | −0.606% | $2.7M | $513K | 20x | as long as short |
| BloFin XPD-USDTlong | +0.0058% | 4h | 1,317.3 | long leg | $30K | $20K | 100x | |
| Bitget XPDUSDT | +0.0082% | 4h | 1,310 | −0.552% | $5.0M | $217K | 100x | as long as short |
| OKX XPD-USDT-SWAP | +0.0083% | 8h | 1,311 | −0.477% | $314K | $474K | 50x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,310 | −0.555% | $171K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perp | +0.0504% | 4h | 1,312.7 | −0.345% | $340K | $809K | 25x | as long as short |
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Bitget XPDUSDT
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM
GRVT XPD_USDT_Perp