XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.012%

Price spread now: Lighter against gTrade (Gains Network)+0.189%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.189% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$19 more if the spread 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	gTrade (Gains Network) XPD/USD	1,309.7	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	13m 54s	—	—	—
Short	Lighter XPD	1,312.2	0.0032	get 0.0004% / 1h	13m 54s	$405K	$155K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now +0.189%Rate

Funding earned: $5.12
Price spread: +0.189% → 0.000%: $18.94
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $14.05
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 46 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 46 min ago	4.94 bp	22.3 bp −$22	48.6 bp −$486	doesn't fit	doesn't fit

gTrade (Gains Network): 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 16 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
Binance XPDUSDT	0.0000%	4h	1,311.7	+0.150%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,311.4	+0.128%	$2.0M	$452K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,311.8	+0.158%	$13.1M	$334K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,312.3	+0.199%	$542K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,310	+0.018%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,311.7	+0.152%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USDlong	L +0.0008% / S −0.0007%	1h	1,309.7	long leg	—	—	—
edgeX XPDUSDC	+0.0010%	4h	1,312.1	+0.184%	$38K	$206K	10x	as long as short
Aster XPDUSDT	+0.0025%	4h	1,311.3	+0.118%	$27K	$12K	20x	as long as short
Lighter XPDshort	+0.0032%	1h	1,312.2	+0.189%	$405K	$155K	20x

Show all 16 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	+1.762%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,309.7	−0.002%	$2.7M	$518K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0059%	8h	1,311.3	+0.121%	$315K	$471K	50x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,310.5	+0.058%	$171K	$5K	75x	as long as short
Bitget XPDUSDT	+0.0112%	4h	1,311	+0.101%	$5.0M	$216K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0494%	4h	1,312.1	+0.178%	$340K	$803K	25x	as long as short