XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0165%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.007%

Price spread now: Pacifica against GMX−0.348%7-day average +0.022% · you buy dearer than you sell

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

Long on GMX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.080%−$8 on $10k

Price spread, last 3 days (all we have)+0.306%+$31 · spread now −0.348%, 7d avg +0.022%

Together, before fees+0.226%+ Points / potential airdropPacifica: Active · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.370% cheaper against GMX than usual: you would sell low and buy high (spread −0.348% now, against its 7-day average of +0.022%). If the spread goes back, that is −$37 on $10k: about 7.5 days of funding at the current rate (+$5 a day). Mind the row above: over the last 3 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XPL/USD [WBTC.b-USDC]	0.09828	L −0.0065% / S +0.0475%	get 0.0008% / 1h	55m 33s	$113K	—	100x
Short	Pacifica XPL	0.09794	0.0100	get 0.0013% / 1h	55m 33s	$222K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.348%Rate

Funding earned: $34.59
Price spread: −0.348% → +0.022%: −$36.97
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$22.38
Costs to cover: 0.200%
Break-even: 11.5 days

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 32 min ago. 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 Pacifica live order book, 32 min ago	10.08 bp	20.0 bp −$20	doesn't fit	doesn't fit	doesn't fit

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
Deribit XPL_USDC-PERPETUAL	−0.0157%	1h	0.09829	+0.006%	$49K	$17K	25x	as long as short
Backpack XPL_USDC_PERP	−0.0136%	1h	0.09808	−0.208%	$183K	$282K	10x	as long as short
Lighter XPL	−0.0128%	1h	0.09784	−0.452%	$4.4M	$4.2M	10x	as long as short
01 Exchange XPLUSD	−0.0104%	1h	0.09787	−0.421%	$569	$582	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]long	L −0.0065% / S +0.0475%	1h	0.09828	long leg	$113K	—	100x
dYdX XPL-USD	0.0000%	1h	0.09789	−0.402%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.968%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09829	+0.005%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0080%	4h	0.09829	+0.006%	$27K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0097%	8h	0.09789	−0.403%	$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
Nado XPL-PERP	+0.0100%	1h	0.09791	−0.383%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09799	−0.299%	$64.5M	$45.5M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09798	−0.305%	$254K	$514K	20x	as long as short
Pacifica XPLshort	+0.0100%	1h	0.09794	−0.348%	$222K	$19K	10x
Binance XPLUSDT	+0.0100%	4h	0.09793	−0.364%	$44.6M	$102.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09791	−0.381%	$47.3M	$51.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09795	−0.340%	$9.2M	$52.8M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09901	+0.739%	$143K	$11K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09789	−0.401%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09791	−0.381%	$13.1M	$7.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09795	−0.340%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09802	−0.269%	$8.6M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09794	−0.350%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09837	+0.092%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09841	+0.130%	$267K	$782K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09840	+0.118%	$25K	$82K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09837	+0.090%	$133K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09810	−0.187%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09830	+0.016%	$209	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09833	+0.047%	$139K	$245K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09795	−0.344%	$697K	$1.0M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09837	+0.088%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0318%	1h	0.09887	+0.596%	$202K	$646K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09826	−0.024%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0824%	1h	0.09965	+1.390%	$75K	$106K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3459%	1h	0.09887	+0.592%	$296K	$673K	10x	as long as short