XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.4601%/8h= −503.8% APRnext payment −$5.75 per $10,000 · paid last 24h −0.318%

Price spread now: dYdX against Kraken Futures−0.268%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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 against this trade now: funding costs −$138 a day on $10k at the current rate, and dYdX is 0.268% cheaper against Kraken Futures than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XPLUSD	0.09758	0.4601	pay 0.0575% / 1h	28m 00s	$521K	$961K	10x
Short	dYdX XPL-USD	0.09732	0	get 0.0000% / 1h	28m 00s	$8K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.268%Rate

Funding earned: −$966.12
Price spread: −0.268% → 0.000%: −$26.76
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$1,012.88
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 55 min ago; dYdX: 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 Kraken Futures live order book, 55 min ago	28.43 bp	51.1 bp −$51	3766.9 bp −$37.7K	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Backpack XPL_USDC_PERP	−0.0358%	1h	0.09705	−0.540%	$176K	$281K	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0265%	1h	0.09710	−0.489%	$47K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0208%	1h	0.09731	−0.274%	$566	$708	5x	as long as short
Lighter XPL	−0.0192%	1h	0.09693	−0.663%	$4.4M	$4.1M	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0107% / S +0.0503%	1h	0.09720	−0.392%	$112K	—	100x	as long as short
dYdX XPL-USDshort	0.0000%	1h	0.09732	−0.268%	$8K	—	5x
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.415%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09721	−0.380%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0074%	4h	0.09708	−0.509%	$29K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0087%	8h	0.09730	−0.284%	$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	0.09728	−0.299%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09711	−0.477%	$62.8M	$47.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09712	−0.469%	$251K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09734	−0.247%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09694	−0.653%	$43.7M	$106.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09696	−0.632%	$47.1M	$54.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09696	−0.632%	$8.9M	$53.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09688	−0.713%	$141K	$10K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09714	−0.448%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09704	−0.550%	$12.6M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09705	−0.540%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09707	−0.520%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09694	−0.653%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09693	−0.660%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09693	−0.660%	$260K	$777K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09730	−0.284%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09741	−0.168%	$129K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09710	−0.489%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09710	−0.489%	$447	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09713	−0.458%	$138K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09707	−0.523%	$657K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09716	−0.428%	$38K	$5K	3x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09709	−0.499%	$1.7M	$1.2M	75x	as long as short
Phoenix XPL	+0.0412%	1h	0.09712	−0.468%	$197K	$652K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0792%	1h	0.09760	+0.023%	$72K	$104K	50x	as long as short
Kraken Futures PF_XPLUSDlong	+0.4601%	1h	0.09758	long leg	$521K	$961K	10x