Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica+0.068%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. dYdX is 0.068% dearer against Pacifica than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XPL | 0.09715 | 0.0100 | pay 0.0013% / 1h | 49m 00s | $220K | $19K | 10x |
| Short | dYdX XPL-USD | 0.09722 | 0 | get 0.0000% / 1h | 49m 00s | $8K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- −$21
- Price spread: +0.068% → 0.000%
- $6.79
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$32.21
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 39 min ago; dYdX: 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, 39 min ago | 10.08 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0304% | 1h | 0.09701 | −0.148% | $4.4M | $4.2M | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.0264% | 1h | 0.09715 | −0.004% | $179K | $283K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0162% | 1h | 0.09713 | −0.025% | $47K | $18K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0067% / S +0.0477% | 1h | 0.09713 | −0.022% | $112K | — | 100x | as long as short |
| dYdX XPL-USDshort | 0.0000% | 1h | 0.09722 | +0.068% | $8K | — | 5x | |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −22.074% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09714 | −0.017% | $72K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0080% | 4h | 0.09708 | −0.076% | $27K | $333K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0095% | 8h | 0.09711 | −0.046% | $13K | $2K | 5x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09717 | +0.016% | $1.4M | $2.6M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XPL | +0.0100% | 1h | 0.09717 | +0.013% | $62.6M | $46.9M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09719 | +0.035% | $252K | $527K | 20x | as long as short |
| Pacifica XPLlong | +0.0100% | 1h | 0.09715 | long leg | $220K | $19K | 10x | |
| Binance XPLUSDT | +0.0100% | 4h | 0.09732 | +0.171% | $44.3M | $104.0M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09726 | +0.109% | $47.0M | $52.5M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09733 | +0.181% | $9.0M | $52.8M | 50x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09715 | −0.004% | $3.0M | $4.0M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09727 | +0.119% | $12.7M | $7.6M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09706 | −0.097% | $2.4M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09724 | +0.089% | $8.6M | $11.0M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09731 | +0.161% | — | $7.9M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09735 | +0.197% | $1.6M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09737 | +0.223% | $264K | $782K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09740 | +0.253% | $25K | $86K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09717 | +0.019% | $131K | $2.7M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09690 | −0.261% | $2K | $2.0M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09710 | −0.056% | $206 | $10K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09726 | +0.109% | $138K | $245K | 20x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09730 | +0.150% | $140K | $11K | 10x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09714 | −0.018% | $653K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09715 | −0.001% | $38K | $5K | 3x | as long as short |
| 01 Exchange XPLUSD | +0.0216% | 1h | 0.09706 | −0.097% | $564 | $582 | 5x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09708 | −0.076% | $1.8M | $1.1M | 75x | as long as short |
| Phoenix XPL | +0.0485% | 1h | 0.09742 | +0.274% | $199K | $646K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0824% | 1h | 0.09965 | +2.569% | $75K | $106K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.3483% | 1h | 0.09816 | +1.039% | $518K | $932K | 10x | as long as short |
Pacifica XPL
Lighter XPL
Backpack XPL_USDC_PERP
Deribit XPL_USDC-PERPETUAL
GMX XPL/USD [WBTC.b-USDC]
gTrade (Gains Network) XPL/USD
Paradex XPL-USD-PERP
Hyperliquid XPL
Aster XPLUSDT
Binance XPLUSDT
Bybit XPLUSDT
OKX XPL-USDT-SWAP
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Bulk XPL-USD
Extended XPL-USD
01 Exchange XPLUSD
BloFin XPL-USDT
Phoenix XPL
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD