XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against HTX−0.279%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1181.178% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

Price spread, last 3 days (all we have)+0.477%+$48 · spread now −0.279%, 7d avg +0.034%

Together, before fees+0.270%+$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.314% cheaper against HTX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPL-USDT	0.09671	0.0100	pay 0.0050% / 4h	2h 05m	$144K	$249K	20x
Short	OKX XPL-USDT-SWAP	0.09644	0.0042	get 0.0021% / 4h	2h 05m	$8.4M	$53.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.279%Rate

Funding earned: −$12.16
Price spread: −0.279% → +0.034%: −$31.36
Slippage, 4 orders: −$95.85
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$161.37
Costs to cover: 1.178%
Break-even: never at this rate

Slippage from HTX: live order book, 61 min ago; OKX: live order book, 4 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, 61 min ago	13.68 bp	20.4 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.52 bp	10.7 bp −$11	41.3 bp −$413	doesn't fit	doesn't fit

XPL on 35 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	−0.0475%	1h	0.09644	−0.279%	$46K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0296%	1h	0.09636	−0.362%	$560	$708	5x	as long as short
Backpack XPL_USDC_PERP	−0.0215%	1h	0.09648	−0.238%	$178K	$243K	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0207% / S +0.0568%	1h	0.09656	−0.158%	$111K	—	100x	as long as short
Orderly PERP_XPL_USDC	−0.0001%	4h	0.09647	−0.248%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09663	−0.082%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−21.720%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09657	−0.147%	$59K	—	150x	as long as short
Lighter XPL	+0.0032%	1h	0.09638	−0.341%	$4.4M	$4.2M	10x	as long as short
OKX XPL-USDT-SWAPshort	+0.0042%	4h	0.09644	−0.279%	$8.4M	$53.6M	50x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0044%	8h	0.09666	−0.048%	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09646	−0.259%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09652	−0.195%	$61.3M	$47.5M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09660	−0.115%	$246K	$500K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09669	−0.024%	$220K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09643	−0.290%	$43.7M	$108.2M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09641	−0.310%	$46.4M	$56.4M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09650	−0.217%	$3.0M	$3.9M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09645	−0.269%	$12.6M	$8.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09648	−0.238%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09653	−0.186%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09643	−0.290%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09664	−0.069%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09665	−0.061%	$257K	$891K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09680	+0.093%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09663	−0.084%	$131K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09630	−0.424%	$3K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09640	−0.321%	$195	$11K	10x	as long as short
HTX XPL-USDTlong	+0.0100%	4h	0.09671	long leg	$144K	$249K	20x
Bulk XPL-USD	+0.0100%	1h	0.09660	−0.114%	$141K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09642	−0.297%	$655K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09644	−0.281%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0328%	1h	0.09674	+0.031%	$196K	$657K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09766	+0.982%	$78K	$95K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4414%	1h	0.09689	+0.189%	$549K	$1.0M	10x	as long as short