XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Gate−0.327%50s7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$920.918% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.382%+$38 on $10k

Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.327%, 7d avg −0.034%

Together, before fees+0.487%+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.293% cheaper against Gate than usual: you would sell low and buy high (spread −0.327% now, against its 7-day average of −0.034%). If the spread goes back, that is −$29 on $10k: about 17 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.382% in total) that is about 5.4 days. The two prices were read 50 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	Gate XPL_USDT	0.09800	0.0044	pay 0.0022% / 4h	2m 21s	$3.1M	$4.1M	75x
Short	HTX XPL-USDT	0.09768	0.0100	get 0.0050% / 4h	2m 21s	$142K	$242K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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 GatebpFee HTXbpOrdersPrice spread, now −0.327%Rate

Funding earned: $11.76
Price spread: −0.327% → −0.034%: −$29.3
Slippage, 4 orders: −$64.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$109.3
Costs to cover: 0.918%
Break-even: 72.1 days

Slippage from Gate: live order book, 1 min ago; HTX: live order book, 9 min ago.

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 Gate live order book, 1 min ago	1.53 bp	21.8 bp −$22	149.1 bp −$1,491	doesn't fit	doesn't fit
Sell HTX live order book, 9 min ago	0.51 bp	37.8 bp −$38	doesn't fit	doesn't fit	doesn't fit

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	−0.0536%	1h	0.09788	−0.122%	$4.4M	$4.2M	10x	as long as short
01 Exchange XPLUSD	−0.0360%	1h	0.09802	+0.020%	$570	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0149% / S +0.0531%	1h	0.09803	+0.034%	$113K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09800	−0.002%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.751%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09792	−0.082%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09803	+0.033%	$76K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0016%	8h	0.09802	+0.020%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0036%	4h	0.09798	−0.020%	$29K	$335K	10x	as long as short
Gate XPL_USDTlong	+0.0044%	4h	0.09800	long leg	$3.1M	$4.1M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09799	−0.010%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09817	+0.178%	$63.3M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09807	+0.067%	$254K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09806	+0.062%	$223K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09800	0.000%	$44.7M	$108.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09800	0.000%	$47.5M	$55.7M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09799	−0.010%	$8.7M	$55.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09760	−0.408%	$142K	$9K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09801	+0.010%	$12.9M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09799	−0.010%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09808	+0.082%	$8.8M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09800	0.000%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09795	−0.051%	$181K	$282K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09760	−0.406%	$1.6M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09768	−0.323%	$259K	$814K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09780	−0.204%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09813	+0.128%	$131K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09770	−0.306%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09790	−0.102%	$200	$10K	10x	as long as short
HTX XPL-USDTshort	+0.0100%	4h	0.09768	−0.327%	$142K	$242K	20x
Extended XPL-USD	+0.0104%	1h	0.09796	−0.039%	$657K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09795	−0.056%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09782	−0.184%	$198K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09788	−0.122%	$1.7M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0568%	1h	0.09804	+0.041%	$72K	$97K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5077%	1h	0.09834	+0.343%	$568K	$1.0M	10x	as long as short