XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0468%/8h= −51.2% APRnext payment −$0.59 per $10,000 · paid last 24h −0.201%

Price spread now: Nado against Coinbase International+0.282%7-day average −0.724% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs+$38as in the Price arb table

costs, in and out, $10k−$620.623% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.438%−$44 on $10k

Price spread, last 3 days (all we have)−0.951%−$95 · spread now +0.282%, 7d avg −0.724%

Together, before fees−1.389%+ Points / potential airdropNado: Active · farm board−$139 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 1.007% dearer against Coinbase International than usual: you sell high and buy low (spread +0.282% now, against its 7-day average of −0.724%): +$101 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XPL-PERP-INTX	0.09735	0.0568	pay 0.0071% / 1h	5m 38s	$72K	$96K	50x
Short	Nado XPL-PERP	0.09762	0.0100	get 0.0012% / 1h	5m 38s	$1.4M	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.282%Rate

Funding earned: −$98.28
Price spread: +0.282% → −0.724%: $100.67
Slippage, 4 orders: −$45.3
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$59.91
Costs to cover: 0.623%
Break-even: from the start

Slippage from Coinbase International: live order book, 72 min ago; Nado: live order book, 3 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 Coinbase International live order book, 72 min ago	17.51 bp	22.5 bp −$23	130.6 bp −$1,306	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	1.54 bp	7.9 bp −$8	19.2 bp −$192	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	−0.0536%	1h	0.09753	+0.185%	$4.4M	$4.2M	10x	as long as short
01 Exchange XPLUSD	−0.0376%	1h	0.09767	+0.329%	$568	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0262%	1h	0.09765	+0.308%	$47K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0147% / S +0.0529%	1h	0.09767	+0.333%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09771	+0.365%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.235%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09768	+0.336%	$76K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0011%	8h	0.09770	+0.355%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0037%	4h	0.09760	+0.257%	$29K	$335K	10x	as long as short
Gate XPL_USDT	+0.0040%	4h	0.09770	+0.360%	$3.1M	$4.1M	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-PERPshort	+0.0100%	1h	0.09762	+0.282%	$1.4M	$2.6M	10x
Hyperliquid XPL	+0.0100%	1h	0.09782	+0.486%	$63.1M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09775	+0.406%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09772	+0.384%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09765	+0.308%	$44.5M	$108.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09766	+0.318%	$47.3M	$55.7M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09766	+0.318%	$8.7M	$55.0M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09760	+0.257%	$142K	$9K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09766	+0.318%	$12.8M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09771	+0.370%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09777	+0.431%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09766	+0.318%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09771	+0.370%	$181K	$282K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09760	+0.259%	$1.6M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09750	+0.154%	$258K	$814K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09780	+0.462%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09774	+0.404%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09740	+0.051%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09760	+0.257%	$200	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09755	+0.205%	$141K	$242K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09764	+0.299%	$657K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09770	+0.360%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09778	+0.442%	$198K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09746	+0.113%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTXlong	+0.0568%	1h	0.09735	long leg	$72K	$96K	50x
Kraken Futures PF_XPLUSD	+0.5088%	1h	0.09812	+0.788%	$566K	$1.0M	10x	as long as short