XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.022%

Price spread now: KuCoin against Orderly+0.114%7-day average +0.063% · you sell dearer than you buy

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

Long on Orderly Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.212%+$21 on $10k

Price spread, last 4 days (all we have)+0.319%+$32 · spread now +0.114%, 7d avg +0.063%

Together, before fees+0.531%+$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.051% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XPL_USDC	0.09639	−0.0034	get 0.0017% / 4h	3h 09m	$30K	$227K	10x
Short	KuCoin XPLUSDTM	0.09650	0.0100	get 0.0050% / 4h	3h 09m	$2.4M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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 OrderlybpFee KuCoinbpOrdersPrice spread, now +0.114%Rate

Funding earned: $28.13
Price spread: +0.114% → +0.063%: $5.11
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $15.24
Costs to cover: 0.180%
Break-even: 3.2 days

Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago	6.76 bp	37.5 bp −$37	159.4 bp −$1,594	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	−0.1080%	1h	0.09631	−0.083%	$4.4M	$3.2M	10x	as long as short
01 Exchange XPLUSD	−0.0432%	1h	0.09636	−0.031%	$560	$873	5x	as long as short
Bybit XPLUSDT	−0.0412%	4h	0.09640	+0.010%	$45.6M	$54.0M	75x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0311% / S +0.0615%	1h	0.09649	+0.104%	$107K	—	100x	as long as short
Paradex XPL-USD-PERP	−0.0118%	8h	0.09656	+0.174%	$13K	$696	5x	as long as short
OKX XPL-USDT-SWAP	−0.0069%	4h	0.09637	−0.021%	$7.7M	$48.1M	50x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0061%	1h	0.09646	+0.073%	$46K	$16K	25x	as long as short
Orderly PERP_XPL_USDClong	−0.0034%	4h	0.09639	long leg	$30K	$227K	10x
dYdX XPL-USD	0.0000%	1h	0.09651	+0.123%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.457%	—	—	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09648	+0.098%	$73K	—	150x	as long as short
Extended XPL-USD	+0.0008%	1h	0.09641	+0.020%	$610K	$1.2M	25x	as long as short
MEXC XPL_USDT	+0.0086%	4h	0.09649	+0.104%	$13.4M	$6.7M	100x	as long as short
Binance XPLUSDT	+0.0088%	4h	0.09642	+0.030%	$44.1M	$98.4M	75x	as long as short
Gate XPL_USDT	+0.0090%	4h	0.09642	+0.031%	$3.0M	$3.4M	75x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09640	+0.016%	$1.3M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09659	+0.209%	$61.1M	$45.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09651	+0.124%	$255K	$398K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09653	+0.141%	$221K	$47K	10x	as long as short
KuCoin XPLUSDTMshort	+0.0100%	4h	0.09650	+0.114%	$2.4M	$1.3M	50x
Bitget XPLUSDT	+0.0100%	4h	0.09651	+0.124%	$9.2M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09641	+0.021%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09649	+0.104%	$183K	$173K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09647	+0.082%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09640	+0.010%	$259K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09630	−0.093%	$25K	$73K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09650	+0.119%	$126K	$1.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09630	−0.093%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09640	+0.010%	$188	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09642	+0.031%	$134K	$214K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09570	−0.716%	$139K	$0	10x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09645	+0.062%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09660	+0.218%	$195K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0328%	4h	0.09644	+0.052%	$1.7M	$947K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09670	+0.322%	$65K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2681%	1h	0.09673	+0.349%	$551K	$969K	10x	as long as short