XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Extended against Nado+0.116%51s7-day average −0.110% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.285% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.011%−$1 on $10k

Price spread, last 7 days−0.120%−$12 · spread now +0.116%, 7d avg −0.110%

Together, before fees−0.131%+ Points / potential airdropNado: Active · Extended: Active · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.226% dearer against Nado than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.110%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XPL-PERP	0.09663	0.0100	pay 0.0012% / 1h	1m 43s	$1.2M	$2.6M	10x
Short	Extended XPL-USD	0.09675	0.0104	get 0.0013% / 1h	1m 43s	$653K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Nado. 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 NadobpFee ExtendedbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0.84
Price spread: +0.116% → −0.110%: $22.63
Slippage, 4 orders: −$16.5
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.03
Costs to cover: 0.285%
Break-even: 48.9 days

Slippage from Nado: live order book, 2 min ago; Extended: live order book, 1 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 Nado live order book, 2 min ago	1.03 bp	6.8 bp −$7	17.8 bp −$178	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	2.07 bp	5.5 bp −$5	14.9 bp −$149	doesn't fit	doesn't fit

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
01 Exchange XPLUSD	−0.0384%	1h	0.09668	+0.047%	$562	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0304% / S +0.0610%	1h	0.09670	+0.069%	$107K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0163%	1h	0.09672	+0.088%	$46K	$18K	25x	as long as short
Backpack XPL_USDC_PERP	−0.0151%	1h	0.09677	+0.140%	$179K	$223K	10x	as long as short
Bybit XPLUSDT	−0.0093%	4h	0.09676	+0.129%	$45.8M	$54.6M	75x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09679	+0.162%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.655%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09671	+0.077%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0018%	4h	0.09667	+0.036%	$29K	$339K	10x	as long as short
Paradex XPL-USD-PERP	+0.0057%	8h	0.09677	+0.141%	$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
Gate XPL_USDT	+0.0088%	4h	0.09676	+0.129%	$3.0M	$3.6M	75x	as long as short
Lighter XPL	+0.0096%	1h	0.09671	+0.078%	$4.4M	$3.3M	10x	as long as short
Nado XPL-PERPlong	+0.0100%	1h	0.09663	long leg	$1.2M	$2.6M	10x
Hyperliquid XPL	+0.0100%	1h	0.09687	+0.246%	$61.1M	$46.9M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09671	+0.082%	$252K	$469K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09680	+0.171%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09680	+0.171%	$44.0M	$102.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09676	+0.129%	$8.3M	$49.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09631	−0.333%	$140K	$5K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09677	+0.140%	$12.5M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09673	+0.098%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09685	+0.222%	$8.8M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09676	+0.129%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09643	−0.214%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09651	−0.129%	$260K	$993K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09640	−0.243%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09675	+0.115%	$126K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09640	−0.243%	$3K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09670	+0.067%	$205	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09652	−0.119%	$141K	$206K	20x	as long as short
Extended XPL-USDshort	+0.0104%	1h	0.09675	+0.116%	$653K	$1.1M	25x
Aevo XPL-PERP	+0.0104%	1h	0.09670	+0.067%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09670	+0.067%	$196K	$617K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09655	−0.088%	$1.7M	$985K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0616%	1h	0.09698	+0.357%	$75K	$86K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3286%	1h	0.09708	+0.458%	$550K	$977K	10x	as long as short