XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.032%

Price spread now: dYdX against Deribit−0.090%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on dYdX

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

Funding pays, the price is against you. dYdX is 0.090% cheaper against Deribit than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XPL_USDC-PERPETUAL	0.09620	−0.0062	get 0.0008% / 1h	7m 53s	$46K	$18K	25x
Short	dYdX XPL-USD	0.09611	0	get 0.0000% / 1h	7m 53s	$9K	$585	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Deribit. 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 DeribitbpFee dYdXbpOrdersPrice spread, now −0.090%Rate

Funding earned: $12.97
Price spread: −0.090% → 0.000%: −$8.97
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$13
Costs to cover: 0.170%
Break-even: 14.0 days

Slippage unknown: Deribit: no order-book sample; dYdX: 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 Deribit no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Deribit and dYdX: 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	−0.0368%	1h	0.09605	−0.156%	$558	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0304% / S +0.0610%	1h	0.09619	−0.009%	$106K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0077%	1h	0.09624	+0.042%	$175K	$190K	10x	as long as short
Deribit XPL_USDC-PERPETUALlong	−0.0062%	1h	0.09620	long leg	$46K	$18K	25x
Bybit XPLUSDT	−0.0019%	4h	0.09621	+0.010%	$45.5M	$54.2M	75x	as long as short
dYdX XPL-USDshort	0.0000%	1h	0.09611	−0.090%	$9K	$585	5x
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.303%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09619	−0.014%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0007%	4h	0.09615	−0.052%	$29K	$339K	10x	as long as short
Lighter XPL	+0.0032%	1h	0.09613	−0.073%	$4.3M	$3.0M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0046%	8h	0.09615	−0.049%	$12K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09613	−0.070%	$1.2M	$2.4M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09634	+0.150%	$61.1M	$46.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09626	+0.065%	$251K	$422K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09617	−0.032%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09620	+0.005%	$43.7M	$100.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09621	+0.010%	$8.2M	$48.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09650	+0.312%	$141K	$5K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09619	−0.010%	$3.1M	$3.5M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09620	0.000%	$12.7M	$7.1M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09627	+0.073%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09628	+0.083%	$9.1M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09624	+0.042%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09633	+0.132%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09655	+0.366%	$260K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09670	+0.520%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09623	+0.029%	$128K	$1.9M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09600	−0.208%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09620	0.000%	$200	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09601	−0.198%	$140K	$185K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09618	−0.019%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09615	−0.052%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09670	+0.520%	$196K	$573K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09601	−0.198%	$1.7M	$955K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0640%	1h	0.09708	+0.915%	$75K	$76K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3123%	1h	0.09644	+0.253%	$548K	$991K	10x	as long as short