XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0721%/8h= −79.0% APRnext payment −$0.90 per $10,000 · paid last 24h −0.139%

Price spread now: 01 Exchange against Phoenix+0.219%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.219% dearer against Phoenix than usual: you sell high and buy low (spread +0.219% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix XPL	0.09595	0.0249	pay 0.0031% / 1h	47m 06s	$194K	$495K	10x
Short	01 Exchange XPLUSD	0.09616	−0.0472	pay 0.0059% / 1h	47m 06s	$559	$873	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.219%Rate

Funding earned: −$151.46
Price spread: +0.219% → 0.000%: $21.89
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$143.58
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Phoenix: live order book, 55 min ago; 01 Exchange: 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, 55 min ago	1.04 bp	15.0 bp −$15	55.9 bp −$559	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.1328%	1h	0.09602	+0.073%	$4.3M	$3.1M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0478%	1h	0.09612	+0.177%	$46K	$18K	25x	as long as short
01 Exchange XPLUSDshort	−0.0472%	1h	0.09616	+0.219%	$559	$873	5x
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09623	+0.288%	$106K	—	100x	as long as short
Orderly PERP_XPL_USDC	−0.0015%	4h	0.09614	+0.198%	$30K	$246K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09629	+0.350%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.097%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09622	+0.286%	$73K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0022%	8h	0.09618	+0.241%	$13K	$696	5x	as long as short
Bybit XPLUSDT	+0.0085%	4h	0.09599	+0.042%	$45.8M	$53.6M	75x	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	0.09622	+0.279%	$1.3M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09622	+0.280%	$60.8M	$46.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09612	+0.180%	$254K	$419K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09630	+0.364%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09600	+0.053%	$43.5M	$97.7M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09599	+0.042%	$7.8M	$47.9M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09577	−0.187%	$140K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09618	+0.240%	$3.0M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09611	+0.167%	$12.6M	$6.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09608	+0.135%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09613	+0.188%	$9.1M	$9.9M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09603	+0.083%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09613	+0.188%	$180K	$188K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09578	−0.181%	$1.7M	$2.0M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09575	−0.209%	$254K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09610	+0.156%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09631	+0.370%	$126K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09600	+0.052%	$2K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09610	+0.156%	$193	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09622	+0.281%	$133K	$213K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09610	+0.160%	$602K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09614	+0.195%	$29K	$18K	3x	as long as short
Phoenix XPLlong	+0.0249%	1h	0.09595	long leg	$194K	$495K	10x
BloFin XPL-USDT	+0.0340%	4h	0.09621	+0.271%	$1.7M	$932K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0808%	1h	0.09718	+1.282%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2720%	1h	0.09646	+0.529%	$548K	$932K	10x	as long as short