XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.3124%/8h= −342.0% APRnext payment −$3.90 per $10,000 · paid last 24h −0.658%

Price spread now: 01 Exchange against Kraken Futures−0.262%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 −$94 a day on $10k at the current rate, and 01 Exchange is 0.262% cheaper against Kraken Futures than usual: you would sell low and buy high (−$26 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	0.09614	0.2892	pay 0.0361% / 1h	35m 59s	$546K	$989K	10x
Short	01 Exchange XPLUSD	0.09589	−0.0232	pay 0.0029% / 1h	35m 59s	$558	$708	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.262%Rate

Funding earned: −$655.97
Price spread: −0.262% → 0.000%: −$26.24
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$699.2
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 7 min ago; 01 Exchange: 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, 7 min ago	11.46 bp	22.4 bp −$22	241.4 bp −$2,414	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	0.09585	−0.304%	$106K	—	100x	as long as short
01 Exchange XPLUSDshort	−0.0232%	1h	0.09589	−0.262%	$558	$708	5x
dYdX XPL-USD	0.0000%	1h	0.09590	−0.248%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.254%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09588	−0.273%	$46K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09587	−0.279%	$72K	—	150x	as long as short
Lighter XPL	+0.0008%	1h	0.09584	−0.314%	$4.3M	$3.0M	10x	as long as short
Orderly PERP_XPL_USDC	+0.0015%	4h	0.09582	−0.335%	$29K	$320K	10x	as long as short
Paradex XPL-USD-PERP	+0.0066%	8h	0.09587	−0.282%	$12K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09586	−0.296%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09609	−0.056%	$60.7M	$46.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09600	−0.150%	$252K	$429K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09593	−0.225%	$219K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09596	−0.190%	$43.6M	$100.2M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09596	−0.190%	$45.5M	$54.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09600	−0.148%	$8.1M	$48.4M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09565	−0.507%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09596	−0.190%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09600	−0.148%	$12.4M	$6.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09586	−0.294%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09604	−0.106%	$9.1M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09593	−0.221%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09598	−0.169%	$174K	$190K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09579	−0.366%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09540	−0.777%	$253K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09540	−0.772%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09594	−0.209%	$125K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09570	−0.460%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09580	−0.356%	$200	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09559	−0.574%	$139K	$185K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09598	−0.174%	$634K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09585	−0.304%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09549	−0.678%	$193K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09566	−0.502%	$1.7M	$944K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09640	+0.268%	$67K	$90K	50x	as long as short
Kraken Futures PF_XPLUSDlong	+0.2892%	1h	0.09614	long leg	$546K	$989K	10x