XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0266%/8h= −29.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.065%

Price spread now: Deribit against Pacifica−0.088%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.088% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XPL	0.09613	0.0100	pay 0.0013% / 1h	43m 17s	$220K	$46K	10x
Short	Deribit XPL_USDC-PERPETUAL	0.09605	−0.0166	pay 0.0021% / 1h	43m 17s	$46K	$18K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Pacifica. 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 PacificabpFee DeribitbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$55.92
Price spread: −0.088% → 0.000%: −$8.84
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$79.76
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 65 min ago; Deribit: no order-book sample. 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 Pacifica live order book, 65 min ago	10.43 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.1016%	1h	0.09592	−0.224%	$4.3M	$3.2M	10x	as long as short
01 Exchange XPLUSD	−0.0400%	1h	0.09617	+0.036%	$559	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09615	+0.014%	$106K	—	100x	as long as short
Deribit XPL_USDC-PERPETUALshort	−0.0166%	1h	0.09605	−0.088%	$46K	$18K	25x
dYdX XPL-USD	0.0000%	1h	0.09609	−0.051%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−21.252%	—	—	—	as long as short
Orderly PERP_XPL_USDC	0.0000%	4h	0.09605	−0.088%	$30K	$280K	10x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09616	+0.027%	$73K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0052%	8h	0.09603	−0.106%	$12K	$696	5x	as long as short
Backpack XPL_USDC_PERP	+0.0084%	1h	0.09606	−0.078%	$177K	$189K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09609	−0.042%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09625	+0.123%	$60.8M	$46.3M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09609	−0.046%	$254K	$415K	20x	as long as short
Pacifica XPLlong	+0.0100%	1h	0.09613	long leg	$220K	$46K	10x
Binance XPLUSDT	+0.0100%	4h	0.09602	−0.116%	$43.5M	$97.2M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09602	−0.120%	$45.5M	$52.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09600	−0.140%	$7.9M	$47.8M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09620	+0.068%	$140K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09612	−0.016%	$3.0M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09608	−0.057%	$12.5M	$6.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09614	+0.005%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09608	−0.057%	$8.9M	$9.5M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09609	−0.047%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09604	−0.101%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09609	−0.048%	$263K	$1.2M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09630	+0.172%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09619	+0.053%	$126K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.244%	$2K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09600	−0.140%	$201	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09603	−0.109%	$133K	$215K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09605	−0.084%	$606K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09604	−0.100%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09628	+0.151%	$195K	$506K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09609	−0.047%	$1.7M	$938K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0664%	1h	0.09718	+1.087%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2839%	1h	0.09643	+0.306%	$548K	$935K	10x	as long as short