XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.077%

Price spread now: Pacifica against Deribit+0.132%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.132% dearer against Deribit than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XPL_USDC-PERPETUAL	0.09859	0	get 0.0000% / 1h	57m 52s	$49K	$17K	25x
Short	Pacifica XPL	0.09872	0.0100	get 0.0013% / 1h	57m 52s	$224K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.132%Rate

Funding earned: $21
Price spread: +0.132% → 0.000%: $13.19
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $19.19
Costs to cover: 0.150%
Break-even: 0.6 days

Slippage unknown: Deribit: no order-book sample; Pacifica: live order book, 30 min ago. 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 Pacifica live order book, 30 min ago	10.08 bp	20.0 bp −$20	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
GMX XPL/USD [WBTC.b-USDC]	L −0.0064% / S +0.0475%	1h	0.09860	+0.007%	$113K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0051%	1h	0.09852	−0.071%	$184K	$285K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09870	+0.112%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−23.207%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUALlong	0.0000%	1h	0.09859	long leg	$49K	$17K	25x
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09862	+0.025%	$73K	—	150x	as long as short
01 Exchange XPLUSD	+0.0008%	1h	0.09872	+0.132%	$574	$582	5x	as long as short
Orderly PERP_XPL_USDC	+0.0080%	4h	0.09858	−0.010%	$27K	$333K	10x	as long as short
Lighter XPL	+0.0096%	1h	0.09846	−0.132%	$4.5M	$4.2M	10x	as long as short
Paradex XPL-USD-PERP	+0.0099%	8h	0.09871	+0.122%	$13K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09871	+0.122%	$1.4M	$2.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09851	−0.077%	$255K	$514K	20x	as long as short
Pacifica XPLshort	+0.0100%	1h	0.09872	+0.132%	$224K	$19K	10x
Binance XPLUSDT	+0.0100%	4h	0.09850	−0.091%	$44.9M	$102.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09835	−0.243%	$47.6M	$51.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09839	−0.203%	$9.3M	$53.1M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09901	+0.426%	$143K	$11K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09845	−0.142%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09849	−0.101%	$13.3M	$7.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09852	−0.071%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09853	−0.061%	$8.6M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09841	−0.183%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09899	+0.402%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09900	+0.416%	$268K	$765K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09910	+0.517%	$26K	$82K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09881	+0.224%	$133K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09860	+0.010%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09860	+0.010%	$208	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09863	+0.041%	$140K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09846	−0.131%	$701K	$1.0M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09855	−0.041%	$38K	$5K	3x	as long as short
Hyperliquid XPL	+0.0258%	1h	0.09861	+0.022%	$65.1M	$45.1M	10x	as long as short
Phoenix XPL	+0.0318%	1h	0.09912	+0.538%	$202K	$640K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09893	+0.345%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0824%	1h	0.09965	+1.075%	$75K	$106K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3454%	1h	0.09899	+0.410%	$296K	$674K	10x	as long as short