XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against HTX−0.461%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1151.155% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.258%+$26 on $10k

Price spread, last 3 days (all we have)+0.605%+$61 · spread now −0.461%, 7d avg +0.003%

Together, before fees+0.863%+$86 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.463% cheaper against HTX than usual: you would sell low and buy high (spread −0.461% now, against its 7-day average of +0.003%). If the spread goes back, that is −$46 on $10k: about 6.4 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPL-USDT	0.09771	0.0100	pay 0.0050% / 4h	1h 52m	$139K	$246K	20x
Short	BloFin XPL-USDT	0.09726	0.0340	get 0.0170% / 4h	1h 52m	$1.7M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now −0.461%Rate

Funding earned: $50.4
Price spread: −0.461% → +0.003%: −$46.34
Slippage, 4 orders: −$91.48
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$111.42
Costs to cover: 1.155%
Break-even: 22.5 days

Slippage from HTX: live order book, 29 min ago; BloFin: live order book, 5 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 HTX live order book, 29 min ago	15.83 bp	22.7 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	2.06 bp	12.0 bp −$12	24.3 bp −$243	80.3 bp −$8,026	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
Deribit XPL_USDC-PERPETUAL	−0.0471%	1h	0.09707	−0.655%	$47K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0136%	1h	0.09725	−0.471%	$565	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0095% / S +0.0495%	1h	0.09713	−0.593%	$112K	—	100x	as long as short
Lighter XPL	−0.0056%	1h	0.09697	−0.757%	$4.4M	$4.1M	10x	as long as short
Backpack XPL_USDC_PERP	−0.0038%	1h	0.09706	−0.665%	$177K	$281K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09751	−0.204%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.519%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09716	−0.565%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0081%	4h	0.09708	−0.645%	$29K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0090%	8h	0.09735	−0.372%	$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	0.09731	−0.404%	$1.4M	$2.7M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09717	−0.557%	$62.6M	$47.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09707	−0.660%	$251K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09745	−0.266%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09710	−0.624%	$43.6M	$105.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09713	−0.594%	$47.4M	$53.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09701	−0.716%	$8.9M	$53.2M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09700	−0.725%	$140K	$10K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09704	−0.686%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09705	−0.675%	$12.6M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09707	−0.655%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09711	−0.614%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09710	−0.624%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09767	−0.039%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09760	−0.113%	$264K	$775K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09790	+0.194%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09738	−0.336%	$129K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09710	−0.624%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09710	−0.624%	$205	$10K	10x	as long as short
HTX XPL-USDTlong	+0.0100%	4h	0.09771	long leg	$139K	$246K	20x
Extended XPL-USD	+0.0104%	1h	0.09702	−0.702%	$657K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09714	−0.586%	$38K	$5K	3x	as long as short
BloFin XPL-USDTshort	+0.0340%	4h	0.09726	−0.461%	$1.7M	$1.2M	75x
Phoenix XPL	+0.0412%	1h	0.09726	−0.461%	$197K	$652K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0792%	1h	0.09794	+0.235%	$74K	$103K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4603%	1h	0.09753	−0.183%	$513K	$953K	10x	as long as short