XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0316%/8h= −34.6% APRnext payment −$0.39 per $10,000 · paid last 24h −0.068%

Price spread now: 01 Exchange against Bulk−0.433%7-day average — · you buy dearer than you sell

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

Long on Bulk Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.433% cheaper against Bulk than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk XPL-USD	0.09565	0.0100	pay 0.0013% / 1h	39m 44s	$139K	$0	10x
Short	01 Exchange XPLUSD	0.09524	−0.0216	pay 0.0027% / 1h	39m 44s	$554	$708	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.433%Rate

Funding earned: −$66.36
Price spread: −0.433% → 0.000%: −$43.33
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$123.69
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bulk: live order book, 9 min ago; 01 Exchange: 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, 9 min ago	5.23 bp	14.9 bp −$15	21.4 bp −$214	45.8 bp −$4,581	148.4 bp −$74.2K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0274%	1h	0.09540	−0.266%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0234% / S +0.0570%	1h	0.09540	−0.262%	$105K	—	100x	as long as short
01 Exchange XPLUSDshort	−0.0216%	1h	0.09524	−0.433%	$554	$708	5x
Lighter XPL	−0.0048%	1h	0.09518	−0.496%	$4.3M	$3.0M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09528	−0.396%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.852%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09544	−0.224%	$72K	—	150x	as long as short
Backpack XPL_USDC_PERP	+0.0012%	1h	0.09536	−0.308%	$173K	$190K	10x	as long as short
Orderly PERP_XPL_USDC	+0.0015%	4h	0.09535	−0.318%	$29K	$320K	10x	as long as short
Paradex XPL-USD-PERP	+0.0064%	8h	0.09519	−0.483%	$12K	$696	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	0.09530	−0.371%	$1.2M	$2.4M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09538	−0.291%	$60.2M	$46.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09531	−0.361%	$246K	$430K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09530	−0.371%	$218K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09521	−0.470%	$43.2M	$100.3M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09522	−0.454%	$45.1M	$54.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09527	−0.402%	$8.1M	$48.1M	50x	as long as short
Bulk XPL-USDlong	+0.0100%	1h	0.09565	long leg	$139K	$0	10x
Gate XPL_USDT	+0.0100%	4h	0.09529	−0.381%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09523	−0.444%	$12.4M	$6.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09522	−0.454%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09532	−0.350%	$9.0M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09525	−0.423%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09544	−0.220%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09588	+0.241%	$258K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09570	+0.048%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09543	−0.233%	$125K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09510	−0.580%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09530	−0.371%	$201	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09532	−0.350%	$139K	$184K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09522	−0.459%	$632K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09537	−0.301%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09575	+0.100%	$194K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09548	−0.182%	$1.7M	$943K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09640	+0.779%	$67K	$90K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2905%	1h	0.09571	+0.055%	$544K	$988K	10x	as long as short