XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: HTX against BloFin+0.136%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1141.143% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.309%−$31 on $10k

Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.136%, 7d avg +0.022%

Together, before fees−0.566%−$57 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.114% dearer against BloFin than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.022%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPL-USDT	0.09563	0.0340	pay 0.0170% / 4h	39m 04s	$1.7M	$925K	75x
Short	HTX XPL-USDT	0.09576	0.0100	get 0.0050% / 4h	39m 04s	$132K	$213K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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 BloFinbpFee HTXbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$50.4
Price spread: +0.136% → +0.022%: $11.37
Slippage, 4 orders: −$90.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$153.37
Costs to cover: 1.143%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; HTX: live order book, 62 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 BloFin live order book, 4 min ago	0.52 bp	9.2 bp −$9	18.1 bp −$181	74.9 bp −$7,492	doesn't fit
Sell HTX live order book, 62 min ago	13.03 bp	74.0 bp −$74	doesn't fit	doesn't fit	doesn't fit

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	−0.1448%	1h	0.09549	−0.146%	$4.3M	$3.2M	10x	as long as short
01 Exchange XPLUSD	−0.0488%	1h	0.09544	−0.199%	$555	$873	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0377%	1h	0.09565	+0.021%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09570	+0.074%	$106K	—	100x	as long as short
Orderly PERP_XPL_USDC	−0.0019%	4h	0.09562	−0.010%	$30K	$246K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09561	−0.025%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.832%	—	—	—	as long as short
Paradex XPL-USD-PERP	+0.0003%	8h	0.09546	−0.178%	$12K	$696	5x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09568	+0.050%	$72K	—	150x	as long as short
Bybit XPLUSDT	+0.0047%	4h	0.09563	0.000%	$45.6M	$53.8M	75x	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	0.09564	+0.016%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09579	+0.166%	$60.6M	$46.0M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09576	+0.137%	$253K	$419K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09563	+0.004%	$219K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09566	+0.030%	$43.3M	$97.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09564	+0.010%	$7.7M	$47.8M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09550	−0.136%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09564	+0.010%	$3.0M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09567	+0.042%	$12.5M	$6.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09570	+0.073%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09574	+0.115%	$9.0M	$9.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09563	0.000%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09568	+0.052%	$179K	$188K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09576	+0.132%	$1.7M	$2.0M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09574	+0.112%	$254K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09590	+0.282%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09572	+0.097%	$125K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09540	−0.241%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09560	−0.031%	$192	$9K	10x	as long as short
HTX XPL-USDTshort	+0.0100%	4h	0.09576	+0.136%	$132K	$213K	20x
Extended XPL-USD	+0.0104%	1h	0.09560	−0.031%	$601K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09565	+0.017%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0249%	1h	0.09605	+0.439%	$194K	$495K	10x	as long as short
BloFin XPL-USDTlong	+0.0340%	4h	0.09563	long leg	$1.7M	$925K	75x
Coinbase International XPL-PERP-INTX	+0.0808%	1h	0.09569	+0.063%	$64K	$91K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2731%	1h	0.09607	+0.462%	$545K	$930K	10x	as long as short