XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0720%/8h= −78.8% APRnext payment −$0.90 per $10,000 · paid last 24h −0.195%

Price spread now: Aevo against Coinbase International−2.367%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 −$22 a day on $10k at the current rate, and Aevo is 2.367% cheaper against Coinbase International than usual: you would sell low and buy high (−$237 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	Coinbase International XPL-PERP-INTX	0.09965	0.0824	pay 0.0103% / 1h	50m 00s	$75K	$106K	50x
Short	Aevo XPL-PERP	0.09729	0.0104	get 0.0013% / 1h	50m 00s	$38K	$5K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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 Coinbase InternationalbpFee AevobpOrdersPrice spread, now −2.367%Rate

Funding earned: −$151.2
Price spread: −2.367% → 0.000%: −$236.73
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$413.93
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 37 min ago; Aevo: 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 Coinbase International live order book, 37 min ago	32.79 bp	38.1 bp −$38	231.6 bp −$2,316	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Lighter XPL	−0.0280%	1h	0.09714	−2.519%	$4.4M	$4.2M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0264%	1h	0.09728	−2.378%	$47K	$18K	25x	as long as short
Backpack XPL_USDC_PERP	−0.0219%	1h	0.09731	−2.348%	$180K	$283K	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0067% / S +0.0477%	1h	0.09727	−2.384%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09730	−2.358%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−24.026%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09731	−2.347%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0079%	4h	0.09725	−2.408%	$27K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0095%	8h	0.09739	−2.272%	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09731	−2.348%	$1.4M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09731	−2.350%	$62.8M	$46.8M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09730	−2.353%	$252K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09739	−2.270%	$221K	$19K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09728	−2.378%	$44.3M	$103.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09724	−2.418%	$47.0M	$52.5M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09726	−2.398%	$9.0M	$52.7M	50x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09723	−2.428%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09729	−2.368%	$12.8M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09720	−2.459%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09723	−2.428%	$8.6M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09728	−2.378%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09735	−2.313%	$1.6M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09760	−2.059%	$265K	$782K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09720	−2.459%	$25K	$84K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09736	−2.298%	$131K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09710	−2.559%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09720	−2.459%	$199	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09726	−2.398%	$138K	$245K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09730	−2.358%	$140K	$11K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09726	−2.398%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERPshort	+0.0104%	1h	0.09729	−2.367%	$38K	$5K	3x
01 Exchange XPLUSD	+0.0272%	1h	0.09727	−2.388%	$566	$582	5x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09737	−2.288%	$1.8M	$1.2M	75x	as long as short
Phoenix XPL	+0.0485%	1h	0.09742	−2.238%	$199K	$646K	10x	as long as short
Coinbase International XPL-PERP-INTXlong	+0.0824%	1h	0.09965	long leg	$75K	$106K	50x
Kraken Futures PF_XPLUSD	+0.3478%	1h	0.09833	−1.323%	$500K	$912K	10x	as long as short