XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.062%

Price spread now: ApeX Omni against Phoenix−0.147%7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.416%−$42 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.147% cheaper against Phoenix than usual: you would sell low and buy high (−$15 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	Phoenix XPL	0.09514	0.0166	pay 0.0021% / 1h	57m 53s	$192K	$434K	10x
Short	ApeX Omni XPLUSDT	0.09500	0.0100	get 0.0013% / 1h	57m 53s	$25K	$68K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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 PhoenixbpFee ApeX OmnibpOrdersPrice spread, now −0.147%Rate

Funding earned: −$13.81
Price spread: −0.147% → 0.000%: −$14.72
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$45.52
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 52 min ago; ApeX Omni: 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 Phoenix live order book, 52 min ago	1.05 bp	15.1 bp −$15	56.3 bp −$563	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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	0.09476	−0.399%	$4.3M	$3.0M	10x	as long as short
01 Exchange XPLUSD	−0.0496%	1h	0.09478	−0.378%	$551	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0412% / S +0.0674%	1h	0.09499	−0.153%	$105K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0382%	1h	0.09486	−0.294%	$47K	$18K	25x	as long as short
Bybit XPLUSDT	−0.0249%	4h	0.09479	−0.368%	$44.8M	$51.9M	75x	as long as short
Extended XPL-USD	−0.0152%	1h	0.09478	−0.380%	$601K	$1.1M	25x	as long as short
Paradex XPL-USD-PERP	−0.0109%	8h	0.09484	−0.312%	$12K	$696	5x	as long as short
Orderly PERP_XPL_USDC	−0.0084%	4h	0.09481	−0.347%	$30K	$185K	10x	as long as short
OKX XPL-USDT-SWAP	−0.0054%	4h	0.09482	−0.336%	$7.5M	$46.2M	50x	as long as short
Binance XPLUSDT	−0.0021%	4h	0.09480	−0.356%	$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	−0.368%	$13.4M	$6.3M	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09508	−0.065%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.426%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09491	−0.240%	$72K	—	150x	as long as short
Gate XPL_USDT	+0.0022%	4h	0.09484	−0.315%	$2.9M	$3.2M	75x	as long as short
Aevo XPL-PERP	+0.0072%	1h	0.09480	−0.357%	$28K	$18K	3x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09484	−0.315%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09499	−0.161%	$60.2M	$42.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09491	−0.237%	$253K	$361K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09500	−0.147%	$217K	$46K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09483	−0.326%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09490	−0.252%	$8.9M	$9.9M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09477	−0.389%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09491	−0.242%	$179K	$170K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09489	−0.260%	$1.7M	$1.7M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09509	−0.054%	$253K	$1.3M	10x	as long as short
ApeX Omni XPLUSDTshort	+0.0100%	1h	0.09500	−0.147%	$25K	$68K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09492	−0.226%	$124K	$1.2M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09470	−0.462%	$3K	$1.5M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09480	−0.357%	$180	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09487	−0.284%	$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 XPLlong	+0.0166%	1h	0.09514	long leg	$192K	$434K	10x
BloFin XPL-USDT	+0.0219%	4h	0.09494	−0.210%	$1.7M	$829K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0712%	1h	0.09538	+0.252%	$64K	$91K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1344%	1h	0.09517	+0.030%	$544K	$976K	10x	as long as short