XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.43 per $10,000 · paid last 24h −0.014%

Price spread now: Orderly against Gate0.000%7-day average −0.048% · you sell dearer than you buy

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

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)−0.122%−$12 · spread now 0.000%, 7d avg −0.048%

Together, before fees−0.180%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.048% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.048%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.058% in total) that is about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPL_USDT	0.09530	0.0100	pay 0.0050% / 4h	2h 39m	$3.0M	$3.4M	75x
Short	Orderly PERP_XPL_USDC	0.09530	0.0015	get 0.0007% / 4h	2h 39m	$29K	$320K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: −$17.9
Price spread: 0.000% → −0.048%: $4.79
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$34.1
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 4 min ago; Orderly: 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 Gate live order book, 4 min ago	0.52 bp	21.4 bp −$21	131.8 bp −$1,318	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Deribit XPL_USDC-PERPETUAL	−0.0274%	1h	0.09535	+0.052%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0234% / S +0.0570%	1h	0.09536	+0.063%	$105K	—	100x	as long as short
01 Exchange XPLUSD	−0.0232%	1h	0.09517	−0.136%	$553	$708	5x	as long as short
Lighter XPL	−0.0048%	1h	0.09520	−0.105%	$4.3M	$3.0M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09528	−0.025%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.558%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09536	+0.062%	$72K	—	150x	as long as short
Backpack XPL_USDC_PERP	+0.0011%	1h	0.09533	+0.031%	$173K	$190K	10x	as long as short
Orderly PERP_XPL_USDCshort	+0.0015%	4h	0.09530	0.000%	$29K	$320K	10x
Paradex XPL-USD-PERP	+0.0064%	8h	0.09519	−0.113%	$12K	$696	5x	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	0.09519	−0.113%	$1.2M	$2.4M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09546	+0.167%	$60.3M	$46.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09536	+0.061%	$247K	$430K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09530	0.000%	$218K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09527	−0.034%	$43.2M	$100.3M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09527	−0.031%	$45.1M	$54.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09530	0.000%	$8.1M	$48.1M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09565	+0.372%	$139K	$0	10x	as long as short
Gate XPL_USDTlong	+0.0100%	4h	0.09530	long leg	$3.0M	$3.4M	75x
MEXC XPL_USDT	+0.0100%	4h	0.09528	−0.021%	$12.4M	$6.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09522	−0.084%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09540	+0.105%	$9.1M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09530	0.000%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09544	+0.151%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09537	+0.069%	$257K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09550	+0.210%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09533	+0.035%	$125K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09500	−0.315%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09530	0.000%	$198	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09532	+0.021%	$139K	$184K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09531	+0.009%	$632K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09531	+0.009%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09575	+0.472%	$194K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09518	−0.126%	$1.7M	$940K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09640	+1.154%	$67K	$90K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2909%	1h	0.09557	+0.287%	$543K	$988K	10x	as long as short