Funding you earn now, next payment 07:00 UTC+0.0177%/8h= +19.3% APRpaid last 24h −0.013%
Price spread now: edgeX against Lighter+0.039%49s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.039%, 7d avg −0.010%
=Together, before fees−0.136%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.049% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 49 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 | 1,293.9 | 0.0032 | pay 0.0004% / 1h | 38m 26s | $398K | $160K | 20x |
| Short | edgeX XPDUSDC | 1,294.4 | 0.0209 | get 0.0104% / 4h | 1h 38m | $37K | $205K | 10x |
Lighter XPD
edgeX XPDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter. 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
- $37.08
- Price spread: +0.039% → −0.010%
- $4.94
- Slippage, 4 orders
- −$57.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$24.74
- Costs to cover
- 0.668%
- Break-even
- 11.7 days
Slippage from Lighter: live order book, 61 min ago; edgeX: live order book, 3 min ago.
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, 61 min ago | 7.30 bp | 17.1 bp −$17 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 6.76 bp | 12.3 bp −$12 | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
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 | 1,294.1 | +0.016% | $2.0M | $477K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,292.7 | −0.095% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,294.3 | +0.029% | $9K | $34K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,291.6 | −0.182% | — | — | — | as long as short |
| Lighter XPDlong | +0.0032% | 1h | 1,293.9 | long leg | $398K | $160K | 20x | |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +3.006% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,291.8 | −0.162% | $2.7M | $477K | 20x | as long as short |
| Variational Omni XPD | +0.0096% | 4h | 1,294.5 | +0.048% | $534K | $24K | — | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,294 | +0.010% | $168K | $7K | 75x | as long as short |
| BloFin XPD-USDT | +0.0152% | 4h | 1,293.9 | 0.000% | $30K | $20K | 100x | as long as short |
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Variational Omni XPD
KuCoin XPDUSDTM
BloFin XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0186% | 4h | 1,294.1 | +0.016% | $3.7M | $4.8M | 100x | as long as short |
| MEXC XPD_USDT | +0.0192% | 4h | 1,293.8 | −0.009% | $13.0M | $270K | 100x | as long as short |
| edgeX XPDUSDCshort | +0.0209% | 4h | 1,294.4 | +0.039% | $37K | $205K | 10x | |
| OKX XPD-USDT-SWAP | +0.0312% | 8h | 1,293.6 | −0.023% | $322K | $479K | 50x | as long as short |
| Aster XPDUSDT | +0.0449% | 4h | 1,293 | −0.072% | $26K | $5K | 20x | as long as short |
| Bitget XPDUSDT | +0.0488% | 4h | 1,293.7 | −0.015% | $5.0M | $246K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0738% | 4h | 1,294.2 | +0.022% | $337K | $695K | 25x | as long as short |
Binance XPDUSDT
MEXC XPD_USDT
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp