Funding you earn now, next payment 03:00 UTC+0.0512%/8h= +56.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.202%
Price spread now: Coinbase International against Extended+0.561%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.561% dearer against Extended than usual: you sell high and buy low: +$56 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XPL-USD | 0.09622 | 0.0104 | pay 0.0013% / 1h | 28m 41s | $653K | $1.1M | 25x |
| Short | Coinbase International XPL-PERP-INTX | 0.09676 | 0.0616 | get 0.0077% / 1h | 28m 41s | $75K | $87K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $107.52
- Price spread: +0.561% → 0.000%
- $56.07
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $148.59
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 min ago; Coinbase International: 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 Extended live order book, 5 min ago | 1.56 bp | 10.6 bp −$11 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | −0.0392% | 1h | 0.09646 | +0.249% | $561 | $708 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0306% / S +0.0611% | 1h | 0.09655 | +0.346% | $107K | — | 100x | as long as short |
| Bybit XPLUSDT | −0.0091% | 4h | 0.09625 | +0.031% | $45.6M | $54.7M | 75x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09637 | +0.158% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −21.318% | — | — | — | as long as short |
| Deribit XPL_USDC-PERPETUAL | 0.0000% | 1h | 0.09653 | +0.322% | $46K | $18K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09657 | +0.364% | $73K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0013% | 4h | 0.09650 | +0.291% | $29K | $339K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0079% | 8h | 0.09634 | +0.124% | $13K | $2K | 5x | as long as short |
| Lighter XPL | +0.0096% | 1h | 0.09620 | −0.021% | $4.4M | $3.3M | 10x | 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 | 0.09654 | +0.332% | $1.2M | $2.7M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09644 | +0.230% | $60.8M | $47.0M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09638 | +0.167% | $242K | $460K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09631 | +0.093% | $220K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09632 | +0.103% | $43.8M | $103.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09624 | +0.020% | $8.3M | $49.5M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09550 | −0.749% | $139K | $5K | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09636 | +0.145% | $3.0M | $3.6M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09628 | +0.062% | $12.3M | $7.7M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09634 | +0.124% | $2.3M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09633 | +0.114% | $8.6M | $10.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09627 | +0.051% | — | $7.9M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.0100% | 1h | 0.09639 | +0.176% | $178K | $223K | 10x | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09656 | +0.351% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09669 | +0.492% | $262K | $975K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09630 | +0.083% | $25K | $78K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09665 | +0.447% | $125K | $2.0M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09640 | +0.187% | $3K | $1.8M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09650 | +0.291% | $198 | $12K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09673 | +0.530% | $141K | $207K | 20x | as long as short |
| Extended XPL-USDlong | +0.0104% | 1h | 0.09622 | long leg | $653K | $1.1M | 25x | |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09651 | +0.303% | $29K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0334% | 1h | 0.09585 | −0.385% | $194K | $617K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09646 | +0.249% | $1.7M | $994K | 75x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +0.0616% | 1h | 0.09676 | +0.561% | $75K | $87K | 50x | |
| Kraken Futures PF_XPLUSD | +0.3291% | 1h | 0.09693 | +0.735% | $549K | $975K | 10x | as long as short |
Extended XPL-USD
Coinbase International XPL-PERP-INTX
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Bybit XPLUSDT
Deribit XPL_USDC-PERPETUAL
gTrade (Gains Network) XPL/USD
Paradex XPL-USD-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
Backpack XPL_USDC_PERP
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Phoenix XPL
BloFin XPL-USDT
Kraken Futures PF_XPLUSD