XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.014%

Price spread now: Gate against Lighter+0.018%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$960.959% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.018%, 7d avg +0.008%

Together, before fees−0.041%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XPD	1,297.4	0.0032	pay 0.0004% / 1h	14m 36s	$399K	$160K	20x
Short	Gate XPD_USDT	1,297.6	0	get 0.0000% / 4h	1h 14m	$2.0M	$481K	100x

Funding history

latest

Range statsloading…

Gate against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee GatebpOrdersPrice spread, now +0.018%Rate

Slippage from Lighter: live order book, 20 min ago; Gate: live order book, 3 min ago.

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, 20 min ago	1.93 bp	17.8 bp −$18	41.4 bp −$414	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.62 bp	26.5 bp −$26	129.6 bp −$1,296	doesn't fit	doesn't fit

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_USDTshort	0.0000%	4h	1,297.6	+0.018%	$2.0M	$481K	100x
Variational Omni XPD	0.0000%	4h	1,296.8	−0.043%	$535K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,295.2	−0.173%	—	$1.7M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,296.7	−0.053%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,293.9	−0.267%	—	—	—	as long as short
Lighter XPDlong	+0.0032%	1h	1,297.4	long leg	$399K	$160K	20x
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.729%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,295	−0.185%	$2.7M	$435K	20x	as long as short
Binance XPDUSDT	+0.0076%	4h	1,297.5	+0.005%	$3.7M	$4.8M	100x	as long as short
MEXC XPD_USDT	+0.0076%	4h	1,296	−0.109%	$13.0M	$271K	100x	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	+0.0099%	4h	1,297.8	+0.029%	$30K	$20K	100x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,296.6	−0.061%	$168K	$7K	75x	as long as short
edgeX XPDUSDC	+0.0101%	4h	1,296.4	−0.081%	$37K	$206K	10x	as long as short
OKX XPD-USDT-SWAP	+0.0280%	8h	1,297.4	0.000%	$323K	$477K	50x	as long as short
Aster XPDUSDT	+0.0354%	4h	1,296.6	−0.066%	$27K	$6K	20x	as long as short
Bitget XPDUSDT	+0.0460%	4h	1,295.8	−0.121%	$5.0M	$246K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0700%	4h	1,295.9	−0.115%	$337K	$689K	25x	as long as short