XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Bulk+0.578%7-day average — · you sell dearer than you buy

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

Long on Bulk Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.578% dearer against Bulk than usual: you sell high and buy low (spread +0.578% now, against zero (this spread has no 7-day history yet)): +$58 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk XPL-USD	0.09672	0.0100	pay 0.0013% / 1h	29m 01s	$141K	$7K	10x
Short	gTrade (Gains Network) XPL/USD	0.09728	L +0.0005% / S −0.0003%	get 0.0000% / 1h	29m 01s	$60K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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 BulkbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.578%Rate

Funding earned: −$20.34
Price spread: +0.578% → 0.000%: $57.83
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $20.48
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Bulk: live order book, 40 min ago; gTrade (Gains Network): 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 Bulk live order book, 40 min ago	5.04 bp	8.5 bp −$9	8.5 bp −$85	27.6 bp −$2,765	122.9 bp −$61.5K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 35 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	−0.0369%	1h	0.09689	+0.180%	$46K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0232%	1h	0.09709	+0.386%	$564	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0195% / S +0.0560%	1h	0.09730	+0.601%	$112K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0076%	1h	0.09692	+0.211%	$179K	$244K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09737	+0.675%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.721%	—	—	—	as long as short
Orderly PERP_XPL_USDC	+0.0002%	4h	0.09711	+0.407%	$29K	$335K	10x	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0003%	1h	0.09728	+0.578%	$60K	—	150x
OKX XPL-USDT-SWAP	+0.0050%	4h	0.09682	+0.107%	$8.4M	$55.0M	50x	as long as short
Paradex XPL-USD-PERP	+0.0058%	8h	0.09734	+0.641%	$13K	$2K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPL	+0.0096%	1h	0.09678	+0.066%	$4.4M	$4.2M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09713	+0.428%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09695	+0.247%	$62.2M	$47.8M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09692	+0.211%	$246K	$513K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09731	+0.615%	$221K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09686	+0.149%	$44.1M	$110.1M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09687	+0.159%	$46.7M	$57.7M	75x	as long as short
Bulk XPL-USDlong	+0.0100%	1h	0.09672	long leg	$141K	$7K	10x
Gate XPL_USDT	+0.0100%	4h	0.09689	+0.180%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09689	+0.180%	$12.8M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09685	+0.138%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09694	+0.231%	$8.6M	$11.3M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09687	+0.159%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09726	+0.562%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09730	+0.603%	$266K	$877K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09730	+0.603%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09718	+0.480%	$130K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09710	+0.397%	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09680	+0.087%	$196	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09703	+0.324%	$143K	$258K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09685	+0.135%	$655K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09684	+0.127%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0328%	1h	0.09715	+0.448%	$197K	$657K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09766	+0.976%	$78K	$95K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4395%	1h	0.09732	+0.628%	$552K	$1.0M	10x	as long as short