XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.145%

Price spread now: Lighter against ApeX Omni−0.124%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.530%−$53 on $10k

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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 0.124% cheaper against ApeX Omni than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XPLUSDT	0.09710	0.0100	pay 0.0013% / 1h	49m 25s	$25K	$89K	50x
Short	Lighter XPL	0.09698	−0.0112	pay 0.0014% / 1h	49m 25s	$4.4M	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 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 ApeX OmnibpFee LighterbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$44.52
Price spread: −0.124% → 0.000%: −$12.36
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$66.88
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Lighter: live order book, 13 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Lighter live order book, 13 min ago	4.60 bp	5.6 bp −$6	25.0 bp −$250	doesn't fit	doesn't fit

ApeX Omni: 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
01 Exchange XPLUSD	−0.0288%	1h	0.09708	−0.021%	$564	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0185% / S +0.0554%	1h	0.09698	−0.120%	$112K	—	100x	as long as short
Lighter XPLshort	−0.0112%	1h	0.09698	−0.124%	$4.4M	$4.2M	10x
Backpack XPL_USDC_PERP	−0.0105%	1h	0.09730	+0.206%	$180K	$241K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09714	+0.044%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.033%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09727	+0.175%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09700	−0.099%	$77K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0006%	4h	0.09697	−0.134%	$29K	$335K	10x	as long as short
OKX XPL-USDT-SWAP	+0.0048%	4h	0.09697	−0.134%	$8.4M	$55.9M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0052%	8h	0.09712	+0.018%	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0068%	1h	0.09705	−0.046%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09722	+0.120%	$62.8M	$47.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09723	+0.134%	$246K	$555K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09712	+0.023%	$221K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09696	−0.144%	$44.1M	$110.6M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09697	−0.134%	$46.8M	$58.0M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09705	−0.051%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09707	−0.031%	$12.9M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09701	−0.093%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09708	−0.021%	$8.6M	$11.4M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09695	−0.154%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09693	−0.175%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09693	−0.171%	$265K	$858K	10x	as long as short
ApeX Omni XPLUSDTlong	+0.0100%	1h	0.09710	long leg	$25K	$89K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09715	+0.049%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09720	+0.103%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09730	+0.206%	$201	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09726	+0.165%	$142K	$255K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09755	+0.463%	$142K	$2K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09708	−0.016%	$650K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09730	+0.206%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0328%	1h	0.09643	−0.690%	$195K	$657K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09704	−0.062%	$1.8M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09746	+0.371%	$80K	$103K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4379%	1h	0.09767	+0.583%	$553K	$1.0M	10x	as long as short