XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0920%/8h= +100.7% APRnext payment +$1.15 per $10,000 · paid last 24h +0.245%

Price spread now: Coinbase International against GMX+0.228%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Coinbase International is 0.228% dearer against GMX than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XPL/USD [WBTC.b-USDC]	0.09676	L −0.0304% / S +0.0610%	get 0.0038% / 1h	1m 05s	$107K	—	100x
Short	Coinbase International XPL-PERP-INTX	0.09698	0.0616	get 0.0077% / 1h	1m 05s	$75K	$84K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.228%Rate

Funding earned: $193.14
Price spread: +0.228% → 0.000%: $22.84
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $193.98
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

GMX and 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	−0.0384%	1h	0.09668	−0.082%	$562	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]long	L −0.0304% / S +0.0610%	1h	0.09676	long leg	$107K	—	100x
Deribit XPL_USDC-PERPETUAL	−0.0163%	1h	0.09674	−0.020%	$46K	$18K	25x	as long as short
Backpack XPL_USDC_PERP	−0.0149%	1h	0.09682	+0.063%	$179K	$223K	10x	as long as short
Bybit XPLUSDT	−0.0089%	4h	0.09671	−0.051%	$45.8M	$54.6M	75x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09679	+0.034%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.755%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09676	+0.003%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0017%	4h	0.09669	−0.071%	$29K	$339K	10x	as long as short
Paradex XPL-USD-PERP	+0.0057%	8h	0.09677	+0.013%	$13K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPL_USDT	+0.0088%	4h	0.09674	−0.020%	$3.0M	$3.6M	75x	as long as short
Lighter XPL	+0.0096%	1h	0.09675	−0.009%	$4.4M	$3.3M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09689	+0.135%	$61.1M	$46.9M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09681	+0.053%	$252K	$469K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09680	+0.042%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09680	+0.042%	$44.0M	$102.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09671	−0.051%	$8.3M	$49.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09631	−0.460%	$140K	$5K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09677	+0.011%	$12.5M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09665	−0.113%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09685	+0.094%	$8.8M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09675	−0.009%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09669	−0.073%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09656	−0.204%	$258K	$1.0M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09670	−0.061%	$25K	$78K	50x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09674	−0.020%	$1.2M	$2.6M	10x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09685	+0.089%	$126K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09660	−0.164%	$2K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09670	−0.061%	$201	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09652	−0.247%	$141K	$206K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09669	−0.074%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09670	−0.059%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09670	−0.061%	$196K	$617K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09670	−0.061%	$1.8M	$987K	75x	as long as short
Coinbase International XPL-PERP-INTXshort	+0.0616%	1h	0.09698	+0.228%	$75K	$84K	50x
Kraken Futures PF_XPLUSD	+0.3283%	1h	0.09716	+0.410%	$551K	$977K	10x	as long as short