XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Lighter against Injective−2.874%66s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter

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: Lighter is 2.874% cheaper against Injective than usual: you would sell low and buy high, −$287 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	Injective XPD/USDC PERP	1,332.8	0.0033	pay 0.0004% / 1h	42m 10s	$16K	$20K	52x
Short	Lighter XPD	1,294.5	0.0032	get 0.0004% / 1h	42m 10s	$399K	$160K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −2.874%Rate

Funding earned: −$0.28
Price spread: −2.874% → 0.000%: −$287.36
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$287.66
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 58 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 58 min ago	7.30 bp	24.9 bp −$25	52.0 bp −$520	doesn't fit	doesn't fit

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
Gate XPD_USDT	0.0000%	4h	1,294.5	−2.872%	$2.0M	$477K	100x	as long as short
SunX XPD-USDT	0.0000%	4h	1,293	−2.989%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,294	−2.913%	$9K	$34K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,291.8	−3.075%	—	—	—	as long as short
Lighter XPDshort	+0.0032%	1h	1,294.5	−2.874%	$399K	$160K	20x
Injective XPD/USDC PERPlong	+0.0033%	1h	1,332.8	long leg	$16K	$20K	52x
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,292.4	−3.031%	$2.7M	$477K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,294.2	−2.898%	$168K	$7K	75x	as long as short
Variational Omni XPD	+0.0120%	4h	1,294.7	−2.861%	$534K	$24K	—	as long as short
BloFin XPD-USDT	+0.0199%	4h	1,295.1	−2.832%	$30K	$20K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XPDUSDT	+0.0209%	4h	1,294.5	−2.874%	$3.7M	$4.9M	100x	as long as short
MEXC XPD_USDT	+0.0212%	4h	1,294.3	−2.892%	$13.0M	$270K	100x	as long as short
edgeX XPDUSDC	+0.0240%	4h	1,294.8	−2.852%	$37K	$206K	10x	as long as short
OKX XPD-USDT-SWAP	+0.0319%	8h	1,294.2	−2.896%	$323K	$480K	50x	as long as short
Aster XPDUSDT	+0.0476%	4h	1,293.4	−2.953%	$26K	$5K	20x	as long as short
Bitget XPDUSDT	+0.0494%	4h	1,294.2	−2.900%	$5.0M	$246K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0748%	4h	1,293.9	−2.917%	$337K	$698K	25x	as long as short