XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.92 per $10,000 · paid last 24h +0.022%

Price spread now: SunX against Orderly−0.116%7-day average −0.132% · you buy dearer than you sell

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

Long on Orderly Short on SunX

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)−0.011%−$1 · spread now −0.116%, 7d avg −0.132%

Together, before fees+0.200%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.132%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XPL_USDC	0.09481	−0.0084	get 0.0042% / 4h	1h 57m	$30K	$185K	10x
Short	SunX XPL-USDT	0.09470	0.0100	get 0.0050% / 4h	1h 57m	$3K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.116%Rate

Funding earned: $38.67
Price spread: −0.116% → −0.132%: $1.6
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $26.27
Costs to cover: 0.140%
Break-even: 2.2 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago	36.90 bp	147.0 bp −$147	doesn't fit	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 exchanges

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	−0.0736%	1h	0.09469	−0.127%	$4.3M	$3.0M	10x	as long as short
01 Exchange XPLUSD	−0.0496%	1h	0.09478	−0.032%	$551	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0412% / S +0.0674%	1h	0.09499	+0.194%	$105K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0382%	1h	0.09486	+0.053%	$47K	$18K	25x	as long as short
Bybit XPLUSDT	−0.0249%	4h	0.09474	−0.074%	$44.8M	$51.9M	75x	as long as short
Extended XPL-USD	−0.0152%	1h	0.09478	−0.033%	$601K	$1.1M	25x	as long as short
Paradex XPL-USD-PERP	−0.0109%	8h	0.09484	+0.035%	$12K	$696	5x	as long as short
Orderly PERP_XPL_USDClong	−0.0084%	4h	0.09481	long leg	$30K	$185K	10x
OKX XPL-USDT-SWAP	−0.0054%	4h	0.09477	−0.042%	$7.5M	$46.2M	50x	as long as short
Binance XPLUSDT	−0.0021%	4h	0.09477	−0.044%	$43.5M	$95.6M	75x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XPL_USDT	−0.0020%	4h	0.09479	−0.021%	$13.4M	$6.3M	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09508	+0.283%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.150%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09491	+0.108%	$72K	—	150x	as long as short
Gate XPL_USDT	+0.0022%	4h	0.09484	+0.032%	$2.9M	$3.2M	75x	as long as short
Aevo XPL-PERP	+0.0072%	1h	0.09480	−0.011%	$28K	$18K	3x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09484	+0.032%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09488	+0.071%	$60.2M	$42.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09484	+0.032%	$253K	$360K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09500	+0.200%	$217K	$46K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09483	+0.021%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09487	+0.063%	$8.9M	$9.9M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09477	−0.042%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09491	+0.105%	$179K	$170K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09489	+0.087%	$1.7M	$1.7M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09509	+0.294%	$253K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09500	+0.200%	$25K	$68K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09492	+0.121%	$124K	$1.2M	10x	as long as short
SunX XPL-USDTshort	+0.0100%	4h	0.09470	−0.116%	$3K	$1.5M	20x
SoDEX XPL-USD	+0.0100%	1h	0.09480	−0.011%	$180	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09487	+0.063%	$132K	$204K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09497	+0.174%	$138K	$5K	10x	as long as short
Phoenix XPL	+0.0166%	1h	0.09514	+0.348%	$192K	$434K	10x	as long as short
BloFin XPL-USDT	+0.0219%	4h	0.09494	+0.137%	$1.7M	$829K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0712%	1h	0.09538	+0.601%	$64K	$91K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1344%	1h	0.09517	+0.379%	$544K	$976K	10x	as long as short