XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0612%/8h= −67.0% APRnext payment −$0.77 per $10,000 · paid last 24h −0.232%

Price spread now: gTrade (Gains Network) against Coinbase International−0.974%52s7-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 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

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and gTrade (Gains Network) is 0.974% cheaper against Coinbase International than usual: you would sell low and buy high (−$97 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XPL-PERP-INTX	0.09606	0.0616	pay 0.0077% / 1h	49m 25s	$74K	$86K	50x
Short	gTrade (Gains Network) XPL/USD	0.09512	L +0.0005% / S −0.0004%	get 0.0000% / 1h	49m 25s	$72K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.974%Rate

Funding earned: −$128.53
Price spread: −0.974% → 0.000%: −$97.41
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$245.93
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Coinbase International and 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 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
01 Exchange XPLUSD	−0.0320%	1h	0.09504	−1.062%	$553	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0289% / S +0.0602%	1h	0.09512	−0.979%	$105K	—	100x	as long as short
Bybit XPLUSDT	−0.0116%	4h	0.09491	−1.197%	$45.0M	$55.6M	75x	as long as short
Backpack XPL_USDC_PERP	−0.0108%	1h	0.09520	−0.895%	$176K	$227K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09525	−0.839%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.187%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09498	−1.124%	$46K	$18K	25x	as long as short
Orderly PERP_XPL_USDC	+0.0004%	4h	0.09495	−1.156%	$29K	$335K	10x	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0004%	1h	0.09512	−0.974%	$72K	—	150x
Paradex XPL-USD-PERP	+0.0071%	8h	0.09515	−0.946%	$12K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPL	+0.0096%	1h	0.09510	−0.999%	$4.3M	$3.3M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09519	−0.906%	$1.2M	$2.7M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09526	−0.830%	$59.7M	$47.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09517	−0.926%	$241K	$483K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09520	−0.895%	$217K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09507	−1.031%	$43.1M	$105.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09497	−1.135%	$8.2M	$49.4M	50x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09511	−0.989%	$3.0M	$3.5M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09512	−0.979%	$12.3M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09514	−0.958%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09503	−1.072%	$8.5M	$10.3M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09504	−1.062%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09518	−0.918%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09541	−0.681%	$254K	$955K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09530	−0.791%	$25K	$79K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09521	−0.888%	$126K	$2.1M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09490	−1.208%	$2K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09520	−0.895%	$2K	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09534	−0.750%	$143K	$236K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09565	−0.427%	$139K	$5K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09494	−1.167%	$643K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09495	−1.156%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09540	−0.687%	$193K	$617K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09528	−0.812%	$1.7M	$983K	75x	as long as short
Coinbase International XPL-PERP-INTXlong	+0.0616%	1h	0.09606	long leg	$74K	$86K	50x
Kraken Futures PF_XPLUSD	+0.3345%	1h	0.09537	−0.718%	$541K	$977K	10x	as long as short