Funding you earn now, next payment 05:00 UTC+0.0492%/8h= +53.9% APRnext payment +$0.61 per $10,000 · paid last 24h +0.198%
Price spread now: Coinbase International against ApeX Omni+0.942%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.942% dearer against ApeX Omni than usual: you sell high and buy low: +$94 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.022% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XPLUSDT | 0.09550 | 0.0100 | pay 0.0013% / 1h | 38m 41s | $25K | $77K | 50x |
| Short | Coinbase International XPL-PERP-INTX | 0.09640 | 0.0592 | get 0.0074% / 1h | 38m 41s | $67K | $90K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $103.32
- Price spread: +0.942% → 0.000%
- $94.24
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $177.56
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: ApeX Omni: no order-book sample; Coinbase International: no order-book sample. 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
ApeX Omni and Coinbase International: 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.
XPL on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit XPL_USDC-PERPETUAL | −0.0274% | 1h | 0.09535 | −0.157% | $46K | $18K | 25x | as long as short |
| 01 Exchange XPLUSD | −0.0240% | 1h | 0.09537 | −0.136% | $554 | $708 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0234% / S +0.0570% | 1h | 0.09536 | −0.147% | $105K | — | 100x | as long as short |
| Lighter XPL | −0.0024% | 1h | 0.09533 | −0.178% | $4.3M | $3.0M | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09545 | −0.057% | $9K | $600 | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −20.724% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09536 | −0.148% | $72K | — | 150x | as long as short |
| Backpack XPL_USDC_PERP | +0.0011% | 1h | 0.09533 | −0.178% | $173K | $190K | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.0015% | 4h | 0.09530 | −0.209% | $29K | $320K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0064% | 8h | 0.09536 | −0.151% | $12K | $696 | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | +0.0100% | 1h | 0.09519 | −0.322% | $1.2M | $2.4M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09554 | +0.041% | $60.3M | $46.4M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09550 | +0.004% | $247K | $430K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09549 | −0.016% | $218K | $47K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09549 | −0.010% | $43.3M | $100.3M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09536 | −0.147% | $45.2M | $54.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09538 | −0.126% | $8.1M | $48.1M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09565 | +0.162% | $139K | $0 | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09538 | −0.126% | $3.0M | $3.4M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09536 | −0.147% | $12.3M | $6.9M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09540 | −0.105% | $2.3M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09546 | −0.042% | $9.1M | $9.7M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09537 | −0.136% | — | $7.8M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09544 | −0.058% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09537 | −0.141% | $257K | $1.1M | 10x | as long as short |
| ApeX Omni XPLUSDTlong | +0.0100% | 1h | 0.09550 | long leg | $25K | $77K | 50x | |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09533 | −0.175% | $125K | $2.0M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09500 | −0.524% | $3K | $1.7M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09530 | −0.209% | $198 | $12K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09532 | −0.188% | $139K | $184K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09536 | −0.151% | $632K | $1.2M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09531 | −0.200% | $28K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0251% | 1h | 0.09575 | +0.262% | $194K | $536K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09518 | −0.335% | $1.7M | $940K | 75x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +0.0592% | 1h | 0.09640 | +0.942% | $67K | $90K | 50x | |
| Kraken Futures PF_XPLUSD | +0.2909% | 1h | 0.09557 | +0.077% | $543K | $988K | 10x | as long as short |
ApeX Omni XPLUSDT
Coinbase International XPL-PERP-INTX
Deribit XPL_USDC-PERPETUAL
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Lighter XPL
gTrade (Gains Network) XPL/USD
Backpack XPL_USDC_PERP
Paradex XPL-USD-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Extended XPL-USD
Phoenix XPL
BloFin XPL-USDT
Kraken Futures PF_XPLUSD