XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 13:00 UTC+0.1223%/8h= +134.0% APRnext payment +$1.53 per $10,000 · paid last 24h +0.834%

Price spread now: Kraken Futures against dYdX+0.279%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 6 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 for this trade now. Funding pays +$37 a day on $10k at the current rate, and Kraken Futures is 0.279% dearer against dYdX than usual: you sell high and buy low: +$28 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	dYdX XPL-USD	0.09371	0	get 0.0000% / 1h	24m 28s	$9K	$1K	5x
Short	Kraken Futures PF_XPLUSD	0.09397	0.1223	get 0.0153% / 1h	24m 28s	$556K	$958K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.279%Rate

Funding earned: $256.92
Price spread: +0.279% → 0.000%: $27.86
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $264.79
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 27 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 dYdX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 27 min ago	9.67 bp	43.6 bp −$44	235.1 bp −$2,351	doesn't fit	doesn't fit

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 exchanges

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 −0.0686% / S +0.0833%	1h	0.09367	−0.045%	$103K	—	100x	as long as short
01 Exchange XPLUSD	−0.0488%	1h	0.09360	−0.118%	$544	$647	5x	as long as short
Bybit XPLUSDT	−0.0372%	4h	0.09356	−0.160%	$43.1M	$49.3M	75x	as long as short
Lighter XPL	−0.0328%	1h	0.09359	−0.128%	$4.2M	$2.3M	10x	as long as short
Orderly PERP_XPL_USDC	−0.0176%	4h	0.09366	−0.054%	$30K	$55K	10x	as long as short
Polymarket Perps XPL-USD	−0.0111%	1h	0.09361	−0.104%	$31K	$866K	10x	as long as short
Binance XPLUSDT	−0.0045%	4h	0.09361	−0.102%	$43.2M	$83.4M	75x	as long as short
MEXC XPL_USDT	−0.0044%	4h	0.09369	−0.022%	$12.5M	$6.0M	100x	as long as short
Paradex XPL-USD-PERP	−0.0041%	8h	0.09365	−0.069%	$12K	$696	5x	as long as short
dYdX XPL-USDlong	0.0000%	1h	0.09371	long leg	$9K	$1K	5x

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−19.210%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09372	+0.010%	$47K	$14K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09367	−0.042%	$71K	—	150x	as long as short
Aevo XPL-PERP	+0.0064%	1h	0.09368	−0.034%	$28K	$18K	3x	as long as short
Aster XPLUSDT	+0.0068%	4h	0.09371	+0.004%	$242K	$320K	20x	as long as short
OKX XPL-USDT-SWAP	+0.0079%	4h	0.09355	−0.171%	$7.3M	$40.9M	50x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09364	−0.078%	$974K	$2.3M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09380	+0.092%	$59.5M	$35.4M	10x	as long as short
Pacifica XPL	+0.0100%	1h	0.09370	−0.011%	$209K	$49K	10x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09364	−0.079%	$136K	$5K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09368	−0.032%	$2.8M	$2.6M	75x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09373	+0.021%	$2.3M	$1.1M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09363	−0.086%	$8.8M	$8.3M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09362	−0.096%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09373	+0.021%	$180K	$154K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09387	+0.176%	$1.8M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09360	−0.118%	$250K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09370	−0.011%	$24K	$55K	50x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09350	−0.224%	$2K	$1.1M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09370	−0.011%	$100	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09395	+0.256%	$132K	$171K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09362	−0.094%	$597K	$1.0M	25x	as long as short
BloFin XPL-USDT	+0.0190%	4h	0.09362	−0.096%	$1.7M	$702K	75x	as long as short
Phoenix XPL	+0.0258%	1h	0.09387	+0.170%	$192K	$302K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0552%	1h	0.09396	+0.266%	$63K	$76K	50x	as long as short
Kraken Futures PF_XPLUSDshort	+0.1223%	1h	0.09397	+0.279%	$556K	$958K	10x