XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.017%

Price spread now: Orderly against KuCoin0.000%7-day average −0.059% · you sell dearer than you buy

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

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.215%−$22 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now 0.000%, 7d avg −0.059%

Together, before fees−0.293%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.059% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.059%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPLUSDTM	0.09650	0.0100	pay 0.0050% / 4h	1h 07m	$2.3M	$1.2M	50x
Short	Orderly PERP_XPL_USDC	0.09650	−0.0006	pay 0.0003% / 4h	1h 07m	$30K	$259K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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 KuCoinbpFee OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: −$22.32
Price spread: 0.000% → −0.059%: $5.94
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$34.38
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: 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 KuCoin live order book, 5 min ago	7.25 bp	30.9 bp −$31	149.1 bp −$1,491	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
Lighter XPL	−0.1112%	1h	0.09640	−0.104%	$4.4M	$3.2M	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09657	+0.068%	$106K	—	100x	as long as short
01 Exchange XPLUSD	−0.0304%	1h	0.09632	−0.187%	$560	$873	5x	as long as short
Orderly PERP_XPL_USDCshort	−0.0006%	4h	0.09650	0.000%	$30K	$259K	10x
dYdX XPL-USD	0.0000%	1h	0.09638	−0.128%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.545%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09655	+0.052%	$46K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09656	+0.061%	$73K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0067%	8h	0.09627	−0.237%	$13K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09645	−0.047%	$1.3M	$2.2M	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	0.09670	+0.206%	$61.1M	$46.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09662	+0.129%	$255K	$420K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09634	−0.168%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09653	+0.030%	$43.9M	$97.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09653	+0.031%	$46.1M	$53.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09650	0.000%	$7.9M	$48.1M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09655	+0.052%	$141K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09654	+0.041%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09649	−0.010%	$12.6M	$6.8M	100x	as long as short
KuCoin XPLUSDTMlong	+0.0100%	4h	0.09650	long leg	$2.3M	$1.2M	50x
Bitget XPLUSDT	+0.0100%	4h	0.09662	+0.124%	$9.1M	$9.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09652	+0.021%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09659	+0.093%	$181K	$187K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09660	+0.101%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09640	−0.106%	$263K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09650	0.000%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09656	+0.063%	$127K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09630	−0.207%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09650	0.000%	$198	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09615	−0.363%	$133K	$213K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09649	−0.012%	$604K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09652	+0.019%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09671	+0.218%	$196K	$506K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09625	−0.259%	$1.7M	$935K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0664%	1h	0.09718	+0.705%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2828%	1h	0.09680	+0.311%	$549K	$932K	10x	as long as short