XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0575%/8h= −63.0% APRnext payment −$0.72 per $10,000 · paid last 24h −0.140%

Price spread now: GMX against gTrade (Gains Network)+0.008%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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: −$17 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XPL/USD	0.09583	L +0.0005% / S −0.0004%	pay 0.0001% / 1h	56m 30s	$72K	—	150x
Short	GMX XPL/USD [WBTC.b-USDC]	0.09584	L −0.0234% / S +0.0570%	pay 0.0071% / 1h	56m 30s	$106K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$120.77
Price spread: +0.008% → 0.000%: $0.83
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$141.93
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and GMX: 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	−0.1304%	1h	0.09562	−0.216%	$4.3M	$3.1M	10x	as long as short
01 Exchange XPLUSD	−0.0360%	1h	0.09562	−0.216%	$556	$873	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0272%	1h	0.09581	−0.018%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]short	L −0.0234% / S +0.0570%	1h	0.09584	+0.008%	$106K	—	100x
Bybit XPLUSDT	−0.0104%	4h	0.09563	−0.206%	$45.5M	$53.9M	75x	as long as short
Paradex XPL-USD-PERP	−0.0060%	8h	0.09577	−0.055%	$12K	$696	5x	as long as short
Orderly PERP_XPL_USDC	−0.0026%	4h	0.09576	−0.070%	$30K	$277K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09579	−0.043%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.995%	—	—	—	as long as short
gTrade (Gains Network) XPL/USDlong	L +0.0005% / S −0.0004%	1h	0.09583	long leg	$72K	—	150x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX XPL-USDT-SWAP	+0.0007%	4h	0.09560	−0.237%	$7.7M	$47.6M	50x	as long as short
Backpack XPL_USDC_PERP	+0.0068%	1h	0.09583	+0.003%	$179K	$180K	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09559	−0.245%	$1.3M	$2.2M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09576	−0.066%	$253K	$406K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09585	+0.024%	$219K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09564	−0.193%	$43.3M	$97.7M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09555	−0.289%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09572	−0.112%	$2.9M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09573	−0.101%	$12.5M	$6.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09569	−0.143%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09580	−0.028%	$9.0M	$9.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09569	−0.143%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09567	−0.162%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09556	−0.274%	$256K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09560	−0.237%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09582	−0.007%	$126K	$1.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09550	−0.341%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09580	−0.028%	$196	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09551	−0.331%	$132K	$210K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09567	−0.164%	$595K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09575	−0.080%	$28K	$18K	3x	as long as short
Hyperliquid XPL	+0.0106%	1h	0.09598	+0.160%	$60.7M	$46.1M	10x	as long as short
Phoenix XPL	+0.0249%	1h	0.09574	−0.091%	$194K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09580	−0.028%	$1.7M	$932K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09596	+0.139%	$64K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2701%	1h	0.09602	+0.203%	$542K	$940K	10x	as long as short