XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Polymarket Perps against dYdX+0.010%47s7-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 Polymarket Perps

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XPL-USD	0.09638	0	get 0.0000% / 1h	7m 33s	$9K	$600	5x
Short	Polymarket Perps XPL-USD	0.09639	0.0100	get 0.0013% / 1h	7m 33s	$126K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.010%Rate

Funding earned: $21
Price spread: +0.010% → 0.000%: $0.97
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $3.97
Costs to cover: 0.180%
Break-even: 5.7 days

Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago	3.06 bp	7.2 bp −$7	7.3 bp −$73	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 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	−0.1112%	1h	0.09616	−0.225%	$4.3M	$3.2M	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09634	−0.034%	$106K	—	100x	as long as short
01 Exchange XPLUSD	−0.0304%	1h	0.09632	−0.059%	$560	$873	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0061%	1h	0.09632	−0.059%	$46K	$18K	25x	as long as short
Orderly PERP_XPL_USDC	−0.0006%	4h	0.09627	−0.111%	$30K	$266K	10x	as long as short
dYdX XPL-USDlong	0.0000%	1h	0.09638	long leg	$9K	$600	5x
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.445%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09635	−0.029%	$73K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0067%	8h	0.09627	−0.109%	$13K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09631	−0.069%	$1.3M	$2.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09647	+0.097%	$60.9M	$46.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09643	+0.060%	$254K	$420K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09634	−0.040%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09640	+0.024%	$43.9M	$97.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09642	+0.045%	$46.0M	$53.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09624	−0.142%	$7.8M	$47.9M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09655	+0.180%	$141K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09630	−0.080%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09627	−0.111%	$12.6M	$6.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09624	−0.142%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09640	+0.024%	$9.1M	$9.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09629	−0.090%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09634	−0.038%	$180K	$187K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09660	+0.229%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09640	+0.022%	$263K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09650	+0.128%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USDshort	+0.0100%	1h	0.09639	+0.010%	$126K	$1.8M	10x
SunX XPL-USDT	+0.0100%	4h	0.09610	−0.287%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09630	−0.080%	$201	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09645	+0.076%	$133K	$213K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09626	−0.118%	$604K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09630	−0.080%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09671	+0.346%	$196K	$506K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09638	+0.003%	$1.7M	$936K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0664%	1h	0.09718	+0.834%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2835%	1h	0.09659	+0.224%	$548K	$932K	10x	as long as short