Funding you earn now, next payment 03:00 UTC−0.1000%/8h= −109.5% APRnext payment −$1.25 per $10,000 · paid last 24h −0.256%
Price spread now: 01 Exchange against Coinbase International−0.589%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$30 a day on $10k at the current rate, and 01 Exchange is 0.589% cheaper against Coinbase International than usual: you would sell low and buy high (−$59 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 | 0.09676 | 0.0616 | pay 0.0077% / 1h | 27m 51s | $75K | $87K | 50x |
| Short | 01 Exchange XPLUSD | 0.09619 | −0.0384 | pay 0.0048% / 1h | 27m 51s | $559 | $708 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$210
- Price spread: −0.589% → 0.000%
- −$58.91
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$285.91
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Coinbase International and 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XPLUSDshort | −0.0384% | 1h | 0.09619 | −0.589% | $559 | $708 | 5x | |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0307% / S +0.0612% | 1h | 0.09625 | −0.527% | $106K | — | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0166% | 1h | 0.09621 | −0.568% | $46K | $18K | 25x | as long as short |
| Bybit XPLUSDT | −0.0087% | 4h | 0.09617 | −0.610% | $45.5M | $54.7M | 75x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09637 | −0.400% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −21.758% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09627 | −0.505% | $73K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0013% | 4h | 0.09616 | −0.620% | $29K | $339K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0079% | 8h | 0.09634 | −0.434% | $13K | $2K | 5x | as long as short |
| Backpack XPL_USDC_PERP | +0.0094% | 1h | 0.09622 | −0.558% | $178K | $223K | 10x | 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 | 0.09614 | −0.641% | $4.4M | $3.3M | 10x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09622 | −0.553% | $1.2M | $2.7M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09639 | −0.387% | $60.8M | $47.0M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09628 | −0.496% | $242K | $460K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09631 | −0.465% | $220K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09619 | −0.589% | $43.8M | $103.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09622 | −0.558% | $8.3M | $49.5M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09550 | −1.302% | $139K | $5K | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09622 | −0.558% | $3.0M | $3.6M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09624 | −0.537% | $12.3M | $7.7M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09625 | −0.527% | $2.3M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09632 | −0.455% | $8.6M | $10.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09617 | −0.610% | — | $7.9M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09656 | −0.209% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09669 | −0.069% | $262K | $975K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09630 | −0.475% | $25K | $78K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09638 | −0.392% | $124K | $2.0M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09610 | −0.682% | $3K | $1.8M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09620 | −0.579% | $201 | $12K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09673 | −0.031% | $141K | $206K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09621 | −0.567% | $653K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09620 | −0.574% | $29K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0334% | 1h | 0.09585 | −0.940% | $194K | $617K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09646 | −0.310% | $1.7M | $994K | 75x | as long as short |
| Coinbase International XPL-PERP-INTXlong | +0.0616% | 1h | 0.09676 | long leg | $75K | $87K | 50x | |
| Kraken Futures PF_XPLUSD | +0.3301% | 1h | 0.09664 | −0.128% | $548K | $975K | 10x | as long as short |
Coinbase International XPL-PERP-INTX
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Deribit XPL_USDC-PERPETUAL
Bybit XPLUSDT
gTrade (Gains Network) XPL/USD
Paradex XPL-USD-PERP
Backpack XPL_USDC_PERP
Lighter XPL
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Extended XPL-USD
Phoenix XPL
BloFin XPL-USDT
Kraken Futures PF_XPLUSD