XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0385%/8h= +42.1% APRnext payment +$0.48 per $10,000 · paid last 24h +0.064%

Price spread now: Phoenix against ApeX Omni−0.143%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 Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.405%+$41 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.143% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 30 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XPLUSDT	0.09780	0.0100	pay 0.0013% / 1h	34m 40s	$25K	$86K	50x
Short	Phoenix XPL	0.09766	0.0485	get 0.0061% / 1h	34m 40s	$197K	$646K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.143%Rate

Funding earned: $80.8
Price spread: −0.143% → 0.000%: −$14.31
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $49.48
Costs to cover: 0.170%
Break-even: 2.7 days

Slippage unknown: ApeX Omni: no order-book sample; Phoenix: live order book, 53 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 Phoenix live order book, 53 min ago	1.01 bp	14.6 bp −$15	48.3 bp −$483	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
Lighter XPL	−0.0104%	1h	0.09752	−0.286%	$4.4M	$4.3M	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0074% / S +0.0482%	1h	0.09765	−0.149%	$113K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09764	−0.161%	$8K	—	5x	as long as short
01 Exchange XPLUSD	0.0000%	1h	0.09760	−0.204%	$567	$582	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.591%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09770	−0.102%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09766	−0.141%	$72K	—	150x	as long as short
Backpack XPL_USDC_PERP	+0.0013%	1h	0.09768	−0.123%	$178K	$283K	10x	as long as short
Orderly PERP_XPL_USDC	+0.0083%	4h	0.09767	−0.133%	$27K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0094%	8h	0.09762	−0.181%	$13K	$2K	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	0.09763	−0.171%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09776	−0.041%	$62.8M	$47.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09771	−0.093%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09767	−0.132%	$221K	$45K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09763	−0.172%	$44.1M	$104.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09761	−0.194%	$47.6M	$53.2M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09761	−0.194%	$9.0M	$53.1M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09822	+0.434%	$142K	$11K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09760	−0.204%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09761	−0.194%	$12.7M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09758	−0.225%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09763	−0.174%	$8.6M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09760	−0.204%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09764	−0.162%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09763	−0.175%	$264K	$786K	10x	as long as short
ApeX Omni XPLUSDTlong	+0.0100%	1h	0.09780	long leg	$25K	$86K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09779	−0.009%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09750	−0.307%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09760	−0.204%	$200	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09764	−0.164%	$138K	$245K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09760	−0.201%	$658K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09768	−0.118%	$38K	$5K	3x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09769	−0.112%	$1.8M	$1.2M	75x	as long as short
Phoenix XPLshort	+0.0485%	1h	0.09766	−0.143%	$197K	$646K	10x
Coinbase International XPL-PERP-INTX	+0.0824%	1h	0.09844	+0.654%	$74K	$105K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3486%	1h	0.09808	+0.287%	$516K	$939K	10x	as long as short