XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.42 per $10,000 · paid last 24h −0.017%

Price spread now: Orderly against HTX−0.334%7-day average −0.024% · you buy dearer than you sell

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

Long on HTX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.345%−$34 on $10k

Price spread, last 4 days (all we have)+0.435%+$43 · spread now −0.334%, 7d avg −0.024%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.309% cheaper against HTX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPL-USDT	0.09592	0.0100	pay 0.0050% / 4h	2h 41m	$140K	$184K	20x
Short	Orderly PERP_XPL_USDC	0.09560	0.0015	get 0.0008% / 4h	2h 41m	$29K	$320K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.334%Rate

Funding earned: −$17.82
Price spread: −0.334% → −0.024%: −$30.94
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$66.76
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 5 min ago; Orderly: 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 HTX live order book, 5 min ago	7.84 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
GMX XPL/USD [WBTC.b-USDC]	L −0.0234% / S +0.0570%	1h	0.09556	−0.381%	$105K	—	100x	as long as short
01 Exchange XPLUSD	−0.0208%	1h	0.09549	−0.448%	$555	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0168%	1h	0.09563	−0.302%	$46K	$18K	25x	as long as short
Lighter XPL	−0.0008%	1h	0.09555	−0.386%	$4.3M	$3.0M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09569	−0.243%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.071%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09557	−0.365%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDCshort	+0.0015%	4h	0.09560	−0.334%	$29K	$320K	10x
Backpack XPL_USDC_PERP	+0.0059%	1h	0.09565	−0.281%	$174K	$190K	10x	as long as short
Paradex XPL-USD-PERP	+0.0064%	8h	0.09556	−0.375%	$12K	$696	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	0.09550	−0.433%	$1.2M	$2.4M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09568	−0.251%	$60.4M	$46.8M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09559	−0.341%	$247K	$430K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09567	−0.259%	$219K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09550	−0.441%	$43.3M	$100.5M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09547	−0.469%	$45.3M	$54.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09549	−0.448%	$8.1M	$48.2M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09565	−0.277%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09557	−0.365%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09549	−0.448%	$12.5M	$6.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09559	−0.344%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09561	−0.323%	$9.1M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09549	−0.448%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09566	−0.273%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09588	−0.037%	$258K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09570	−0.229%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09563	−0.298%	$125K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09540	−0.542%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09560	−0.334%	$199	$12K	10x	as long as short
HTX XPL-USDTlong	+0.0100%	4h	0.09592	long leg	$140K	$184K	20x
Extended XPL-USD	+0.0104%	1h	0.09551	−0.432%	$636K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09562	−0.318%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09575	−0.177%	$194K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09567	−0.261%	$1.7M	$945K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09640	+0.500%	$67K	$90K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2897%	1h	0.09596	+0.037%	$545K	$988K	10x	as long as short