XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against OKX+0.094%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1541.541% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.206%+$21 on $10k

Price spread, last 4 days (all we have)−0.960%−$96 · spread now +0.094%, 7d avg −0.034%

Together, before fees−0.754%−$75 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.128% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPL-USDT-SWAP	0.09615	0.0041	pay 0.0021% / 4h	1h 32m	$8.3M	$53.0M	50x
Short	HTX XPL-USDT	0.09624	0.0100	get 0.0050% / 4h	1h 32m	$145K	$264K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now +0.094%Rate

Funding earned: $12.32
Price spread: +0.094% → −0.034%: $12.76
Slippage, 4 orders: −$132.09
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$129.01
Costs to cover: 1.541%
Break-even: 80.3 days

Slippage from OKX: live order book, 1 min ago; HTX: live order book, 29 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 OKX live order book, 1 min ago	1.56 bp	13.0 bp −$13	32.3 bp −$323	doesn't fit	doesn't fit
Sell HTX live order book, 29 min ago	14.47 bp	69.9 bp −$70	doesn't fit	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
Backpack XPL_USDC_PERP	−0.0500%	1h	0.09621	+0.062%	$181K	$243K	10x	as long as short
01 Exchange XPLUSD	−0.0432%	1h	0.09615	0.000%	$559	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0253% / S +0.0579%	1h	0.09619	+0.038%	$106K	—	100x	as long as short
Orderly PERP_XPL_USDC	−0.0005%	4h	0.09612	−0.031%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09618	+0.032%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.260%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09615	0.000%	$46K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09619	+0.045%	$73K	—	150x	as long as short
Bybit XPLUSDT	+0.0034%	4h	0.09611	−0.042%	$45.5M	$56.8M	75x	as long as short
OKX XPL-USDT-SWAPlong	+0.0041%	4h	0.09615	long leg	$8.3M	$53.0M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0058%	8h	0.09615	+0.003%	$12K	$2K	5x	as long as short
Gate XPL_USDT	+0.0066%	4h	0.09613	−0.021%	$3.0M	$3.8M	75x	as long as short
Lighter XPL	+0.0088%	1h	0.09609	−0.062%	$4.3M	$4.2M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09617	+0.021%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09629	+0.145%	$60.5M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09623	+0.080%	$244K	$501K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09621	+0.064%	$220K	$48K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09621	+0.062%	$43.5M	$108.7M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09617	+0.021%	$12.4M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09609	−0.062%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09619	+0.042%	$8.5M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09613	−0.021%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09612	−0.035%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09619	+0.039%	$256K	$912K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09630	+0.156%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09628	+0.139%	$128K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.260%	$3K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09620	+0.052%	$2K	$11K	10x	as long as short
HTX XPL-USDTshort	+0.0100%	4h	0.09624	+0.094%	$145K	$264K	20x
Bulk XPL-USD	+0.0100%	1h	0.09615	0.000%	$140K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09613	−0.023%	$633K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09615	0.000%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09617	+0.021%	$195K	$629K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09612	−0.031%	$1.7M	$1.0M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09640	+0.260%	$74K	$93K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3563%	1h	0.09647	+0.332%	$547K	$1.0M	10x	as long as short