XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Polymarket Perps−0.077%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.077% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 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	Polymarket Perps XPL-USD	0.09756	0.0100	pay 0.0013% / 1h	30m 48s	$129K	$2.7M	10x
Short	gTrade (Gains Network) XPL/USD	0.09749	L +0.0005% / S −0.0004%	get 0.0000% / 1h	30m 48s	$72K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket Perps. 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 Polymarket PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.077%Rate

Funding earned: −$20.18
Price spread: −0.077% → 0.000%: −$7.67
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$45.85
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 3 min ago; gTrade (Gains Network): 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 Polymarket Perps live order book, 3 min ago	2.71 bp	6.7 bp −$7	7.6 bp −$76	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0120%	1h	0.09746	−0.107%	$4.4M	$4.3M	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0076% / S +0.0483%	1h	0.09748	−0.084%	$112K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0019%	1h	0.09755	−0.014%	$178K	$283K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09745	−0.117%	$8K	—	5x	as long as short
01 Exchange XPLUSD	0.0000%	1h	0.09745	−0.117%	$567	$582	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.404%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09754	−0.025%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0004%	1h	0.09749	−0.077%	$72K	—	150x
Orderly PERP_XPL_USDC	+0.0082%	4h	0.09746	−0.107%	$27K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0095%	8h	0.09744	−0.124%	$13K	$2K	5x	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	0.09746	−0.109%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09767	+0.106%	$62.7M	$47.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09760	+0.042%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09749	−0.077%	$221K	$45K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09753	−0.038%	$44.1M	$104.6M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09753	−0.035%	$47.6M	$53.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09752	−0.045%	$9.0M	$53.1M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09740	−0.168%	$140K	$11K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09751	−0.055%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09752	−0.045%	$12.7M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09750	−0.066%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09757	+0.006%	$8.6M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09747	−0.096%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09764	+0.080%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09764	+0.076%	$264K	$786K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09740	−0.168%	$25K	$86K	50x	as long as short
Polymarket Perps XPL-USDlong	+0.0100%	1h	0.09756	long leg	$129K	$2.7M	10x
SunX XPL-USDT	+0.0100%	4h	0.09730	−0.271%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09750	−0.066%	$207	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09743	−0.137%	$138K	$245K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09747	−0.092%	$660K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09759	+0.024%	$38K	$5K	3x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09736	−0.209%	$1.8M	$1.2M	75x	as long as short
Phoenix XPL	+0.0485%	1h	0.09773	+0.170%	$198K	$646K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0824%	1h	0.09844	+0.898%	$74K	$105K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3493%	1h	0.09790	+0.348%	$515K	$940K	10x	as long as short