XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0098%/8h= −10.8% APRnext payment −$0.49 per $10,000 · paid last 24h −0.004%

Price spread now: OKX against Binance0.000%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days−0.004%$0 · spread now 0.000%, 7d avg +0.008%

Together, before fees−0.036%−$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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPLUSDT	0.09504	0.0003	pay 0.0002% / 4h	2h 21m	$43.5M	$96.7M	75x
Short	OKX XPL-USDT-SWAP	0.09504	−0.0095	pay 0.0048% / 4h	2h 21m	$7.6M	$47.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$20.67
Price spread: 0.000% → +0.008%: −$0.84
Slippage, 4 orders: −$21.17
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.69
Costs to cover: 0.412%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; OKX: live order book, 5 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 Binance live order book, 14 min ago	0.53 bp	10.2 bp −$10	23.7 bp −$237	123.5 bp −$12.4K	doesn't fit
Sell OKX live order book, 5 min ago	0.53 bp	10.3 bp −$10	40.6 bp −$406	doesn't fit	doesn't fit

XPL on 36 exchanges

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	−0.0968%	1h	0.09499	−0.053%	$4.3M	$3.1M	10x	as long as short
01 Exchange XPLUSD	−0.0536%	1h	0.09503	−0.011%	$553	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0374% / S +0.0652%	1h	0.09516	+0.121%	$105K	—	100x	as long as short
Bybit XPLUSDT	−0.0296%	4h	0.09503	−0.011%	$44.8M	$53.3M	75x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0275%	1h	0.09512	+0.084%	$47K	$18K	25x	as long as short
Extended XPL-USD	−0.0208%	1h	0.09501	−0.027%	$601K	$1.2M	25x	as long as short
Paradex XPL-USD-PERP	−0.0140%	8h	0.09501	−0.035%	$12K	$696	5x	as long as short
OKX XPL-USDT-SWAPshort	−0.0095%	4h	0.09504	0.000%	$7.6M	$47.2M	50x
Orderly PERP_XPL_USDC	−0.0066%	4h	0.09507	+0.032%	$30K	$199K	10x	as long as short
Gate XPL_USDT	−0.0046%	4h	0.09506	+0.021%	$2.9M	$3.4M	75x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XPL-USD	0.0000%	1h	0.09518	+0.142%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.342%	—	—	—	as long as short
MEXC XPL_USDT	+0.0002%	4h	0.09507	+0.032%	$13.5M	$6.5M	100x	as long as short
Binance XPLUSDTlong	+0.0003%	4h	0.09504	long leg	$43.5M	$96.7M	75x
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09516	+0.124%	$72K	—	150x	as long as short
BloFin XPL-USDT	+0.0015%	4h	0.09498	−0.063%	$1.7M	$813K	75x	as long as short
Aevo XPL-PERP	+0.0080%	1h	0.09512	+0.084%	$28K	$18K	3x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09506	+0.016%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09524	+0.210%	$60.3M	$42.9M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09515	+0.112%	$254K	$379K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09515	+0.117%	$218K	$45K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09510	+0.063%	$2.4M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09512	+0.084%	$8.9M	$10.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09501	−0.032%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09518	+0.147%	$179K	$172K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09506	+0.016%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09508	+0.045%	$253K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09520	+0.168%	$25K	$68K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09511	+0.074%	$125K	$1.4M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09500	−0.042%	$3K	$1.5M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09510	+0.063%	$177	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09485	−0.200%	$132K	$213K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09515	+0.116%	$139K	$5K	10x	as long as short
Phoenix XPL	+0.0166%	1h	0.09508	+0.042%	$192K	$474K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0648%	1h	0.09736	+2.441%	$65K	$95K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1851%	1h	0.09531	+0.282%	$542K	$984K	10x	as long as short