XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.016%

Price spread now: Orderly against Bitget0.000%7-day average −0.076% · you sell dearer than you buy

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.134%−$13 on $10k

Price spread, last 3 days (all we have)−0.238%−$24 · spread now 0.000%, 7d avg −0.076%

Together, before fees−0.372%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.076% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.076%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.134% in total) that is about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPLUSDT	0.09778	0.0100	pay 0.0050% / 4h	1h 55m	$8.6M	$11.1M	75x
Short	Orderly PERP_XPL_USDC	0.09778	0.0080	get 0.0040% / 4h	1h 55m	$29K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: −$4.17
Price spread: 0.000% → −0.076%: $7.55
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.62
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; Orderly: 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 Bitget live order book, 3 min ago	6.18 bp	21.0 bp −$21	46.4 bp −$464	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0159%	1h	0.09780	+0.020%	$47K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0096%	1h	0.09765	−0.133%	$568	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0093% / S +0.0494%	1h	0.09779	+0.009%	$113K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0062%	1h	0.09779	+0.010%	$178K	$282K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09782	+0.037%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.574%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09781	+0.028%	$72K	—	150x	as long as short
Lighter XPL	+0.0048%	1h	0.09766	−0.123%	$4.4M	$4.1M	10x	as long as short
Orderly PERP_XPL_USDCshort	+0.0080%	4h	0.09778	0.000%	$29K	$335K	10x
Paradex XPL-USD-PERP	+0.0090%	8h	0.09776	−0.022%	$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	0.09776	−0.023%	$1.4M	$2.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09777	−0.006%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09780	+0.021%	$223K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09775	−0.026%	$43.9M	$105.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09777	−0.010%	$47.7M	$53.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09771	−0.072%	$9.0M	$53.6M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09700	−0.796%	$140K	$10K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09773	−0.051%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09775	−0.031%	$12.7M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09780	+0.020%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDTlong	+0.0100%	4h	0.09778	long leg	$8.6M	$11.1M	75x
BingX XPL-USDT	+0.0100%	4h	0.09771	−0.072%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09700	−0.796%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09709	−0.702%	$263K	$775K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09710	−0.695%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09792	+0.140%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09760	−0.184%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09780	+0.020%	$203	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09719	−0.603%	$138K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09769	−0.087%	$660K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09781	+0.031%	$38K	$5K	3x	as long as short
Hyperliquid XPL	+0.0151%	1h	0.09792	+0.141%	$63.0M	$47.4M	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09736	−0.430%	$1.8M	$1.2M	75x	as long as short
Phoenix XPL	+0.0485%	1h	0.09726	−0.532%	$197K	$652K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0792%	1h	0.09794	+0.164%	$74K	$103K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4574%	1h	0.09814	+0.364%	$517K	$952K	10x	as long as short