XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.016%

Price spread now: Bitget against Orderly+0.010%7-day average +0.071% · you sell dearer than you buy

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

Long on Orderly Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 4 days (all we have)+0.465%+$47 · spread now +0.010%, 7d avg +0.071%

Together, before fees+0.606%+$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.061% cheaper against Orderly than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.071%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XPL_USDC	0.09581	−0.0004	get 0.0002% / 4h	1h 44m	$29K	$335K	10x
Short	Bitget XPLUSDT	0.09582	0.0100	get 0.0050% / 4h	1h 44m	$8.5M	$11.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 OrderlybpFee BitgetbpOrdersPrice spread, now +0.010%Rate

Funding earned: $21.8
Price spread: +0.010% → +0.071%: −$6.07
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$2.27
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 4 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	4.70 bp	16.0 bp −$16	34.9 bp −$349	doesn't fit	doesn't fit

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
Backpack XPL_USDC_PERP	−0.0710%	1h	0.09571	−0.104%	$179K	$242K	10x	as long as short
01 Exchange XPLUSD	−0.0424%	1h	0.09567	−0.146%	$556	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0245% / S +0.0574%	1h	0.09582	+0.013%	$105K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0168%	1h	0.09567	−0.146%	$46K	$18K	25x	as long as short
Orderly PERP_XPL_USDClong	−0.0004%	4h	0.09581	long leg	$29K	$335K	10x
dYdX XPL-USD	0.0000%	1h	0.09564	−0.180%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.982%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09583	+0.022%	$72K	—	150x	as long as short
Lighter XPL	+0.0008%	1h	0.09561	−0.209%	$4.3M	$4.2M	10x	as long as short
OKX XPL-USDT-SWAP	+0.0033%	4h	0.09586	+0.052%	$8.2M	$53.1M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0050%	8h	0.09567	−0.150%	$12K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09577	−0.044%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09586	+0.054%	$60.3M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09580	−0.010%	$243K	$500K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09570	−0.115%	$218K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09577	−0.040%	$43.5M	$108.6M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09579	−0.021%	$45.5M	$56.8M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09540	−0.428%	$139K	$7K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09575	−0.063%	$2.9M	$3.7M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09578	−0.031%	$12.3M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09569	−0.125%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDTshort	+0.0100%	4h	0.09582	+0.010%	$8.5M	$11.1M	75x
BingX XPL-USDT	+0.0100%	4h	0.09582	+0.010%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09526	−0.576%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09550	−0.324%	$258K	$901K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09550	−0.324%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09582	+0.010%	$127K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09550	−0.324%	$3K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09560	−0.219%	$2K	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09558	−0.240%	$144K	$264K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09568	−0.133%	$629K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09559	−0.230%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09573	−0.083%	$194K	$629K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09561	−0.209%	$1.7M	$1.0M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09574	−0.073%	$74K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3584%	1h	0.09592	+0.116%	$544K	$1.0M	10x	as long as short