Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Gate against Orderly+0.722%7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)−0.600%−$60 · spread now +0.722%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.676% dearer against Orderly than usual: you sell high and buy low, +$68 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XPL_USDC | 0.09700 | 0.0040 | pay 0.0020% / 4h | 10m 25s | $29K | $335K | 10x |
| Short | Gate XPL_USDT | 0.09770 | 0.0038 | get 0.0019% / 4h | 10m 25s | $3.1M | $4.1M | 75x |
Orderly PERP_XPL_USDC
Gate XPL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.38
- Price spread: +0.722% → +0.046%
- $67.57
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $46.19
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 2.06 bp | 30.2 bp −$30 | 150.4 bp −$1,504 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPL | −0.0520% | 1h | 0.09751 | +0.526% | $4.4M | $4.2M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.0384% | 1h | 0.09775 | +0.773% | $568 | $708 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0145% / S +0.0528% | 1h | 0.09768 | +0.697% | $112K | — | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0059% | 1h | 0.09708 | +0.082% | $47K | $18K | 25x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09768 | +0.702% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07570 | −21.955% | — | — | — | as long as short |
| Paradex XPL-USD-PERP | +0.0005% | 8h | 0.09760 | +0.623% | $13K | $2K | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0003% | 1h | 0.09769 | +0.713% | $76K | — | 150x | as long as short |
| Gate XPL_USDTshort | +0.0038% | 4h | 0.09770 | +0.722% | $3.1M | $4.1M | 75x | |
| Orderly PERP_XPL_USDClong | +0.0040% | 4h | 0.09700 | long leg | $29K | $335K | 10x |
Lighter XPL
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Deribit XPL_USDC-PERPETUAL
dYdX XPL-USD
Reya XPLRUSDPERP
Paradex XPL-USD-PERP
gTrade (Gains Network) XPL/USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | +0.0100% | 1h | 0.09773 | +0.750% | $1.4M | $2.6M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09781 | +0.831% | $63.1M | $48.2M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09759 | +0.611% | $253K | $527K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09760 | +0.619% | $222K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09778 | +0.806% | $44.6M | $108.7M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09774 | +0.763% | $47.4M | $55.6M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09767 | +0.691% | $8.7M | $55.0M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09711 | +0.115% | $141K | $9K | 10x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09771 | +0.732% | $12.8M | $7.7M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09777 | +0.794% | $2.4M | $1.5M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09771 | +0.732% | $8.7M | $11.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09763 | +0.649% | — | $7.9M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.0100% | 1h | 0.09714 | +0.144% | $179K | $282K | 10x | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09698 | −0.020% | $1.6M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09702 | +0.022% | $260K | $806K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09720 | +0.206% | $25K | $88K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09785 | +0.873% | $131K | $2.7M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09680 | −0.206% | $3K | $2.0M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09700 | 0.000% | $199 | $10K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09703 | +0.031% | $138K | $242K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09771 | +0.730% | $657K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09705 | +0.052% | $38K | $5K | 3x | as long as short |
| Phoenix XPL | +0.0327% | 1h | 0.09715 | +0.155% | $197K | $651K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09692 | −0.082% | $1.7M | $1.2M | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0568% | 1h | 0.09735 | +0.361% | $72K | $96K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.5120% | 1h | 0.09750 | +0.511% | $563K | $1.0M | 10x | as long as short |
Nado XPL-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Backpack XPL_USDC_PERP
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Extended XPL-USD
Aevo XPL-PERP
Phoenix XPL
BloFin XPL-USDT
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD