XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0413%/8h= +45.2% APRnext payment +$0.52 per $10,000 · paid last 24h +0.060%

Price spread now: ApeX Omni against GMX−0.062%68s7-day average — · you buy dearer than you sell

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

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. ApeX Omni is 0.062% cheaper against GMX than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). The two prices were read 68 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	GMX XPL/USD [WBTC.b-USDC]	0.09616	L −0.0313% / S +0.0615%	get 0.0039% / 1h	42m 21s	$106K	—	100x
Short	ApeX Omni XPLUSDT	0.09610	0.0100	get 0.0013% / 1h	42m 21s	$25K	$75K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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 GMXbpFee ApeX OmnibpOrdersPrice spread, now −0.062%Rate

Funding earned: $86.65
Price spread: −0.062% → 0.000%: −$6.24
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $58.41
Costs to cover: 0.220%
Break-even: 2.3 days

Slippage unknown: GMX: no order-book sample; ApeX Omni: 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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni no order-book sample	—	—	—	—	—

GMX and ApeX Omni: 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	−0.1392%	1h	0.09583	−0.343%	$4.3M	$3.1M	10x	as long as short
01 Exchange XPLUSD	−0.0472%	1h	0.09588	−0.291%	$557	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]long	L −0.0313% / S +0.0615%	1h	0.09616	long leg	$106K	—	100x
Deribit XPL_USDC-PERPETUAL	−0.0270%	1h	0.09615	−0.010%	$46K	$18K	25x	as long as short
Orderly PERP_XPL_USDC	−0.0016%	4h	0.09612	−0.042%	$30K	$246K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09600	−0.166%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.269%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09615	−0.009%	$73K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0011%	8h	0.09595	−0.215%	$12K	$696	5x	as long as short
Bybit XPLUSDT	+0.0062%	4h	0.09611	−0.052%	$45.9M	$53.7M	75x	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	0.09599	−0.172%	$1.3M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09627	+0.109%	$60.8M	$46.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09618	+0.017%	$254K	$419K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09606	−0.103%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09609	−0.077%	$43.5M	$97.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09610	−0.062%	$7.8M	$47.9M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09577	−0.405%	$140K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09612	−0.042%	$3.0M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09602	−0.146%	$12.6M	$6.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09596	−0.208%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09624	+0.083%	$9.1M	$9.9M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09611	−0.052%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09595	−0.218%	$180K	$188K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09607	−0.097%	$1.7M	$2.0M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09606	−0.100%	$255K	$1.3M	10x	as long as short
ApeX Omni XPLUSDTshort	+0.0100%	1h	0.09610	−0.062%	$25K	$75K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09617	+0.009%	$126K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.270%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09610	−0.062%	$196	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09596	−0.208%	$133K	$213K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09607	−0.089%	$601K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09615	−0.010%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0249%	1h	0.09622	+0.062%	$195K	$495K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09600	−0.166%	$1.7M	$929K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0808%	1h	0.09718	+1.061%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2720%	1h	0.09645	+0.299%	$547K	$930K	10x	as long as short