Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —
Price spread now: Gate against Reya+28.893%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 28.893% dearer against Reya than usual: you sell high and buy low: +$2,889 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XPLRUSDPERP | 0.07571 | 0 | get 0.0000% / 1h | 36m 37s | — | — | — |
| Short | Gate XPL_USDT | 0.09758 | 0.0100 | get 0.0050% / 4h | 2h 36m | $3.0M | $4.0M | 75x |
Reya XPLRUSDPERP
Gate XPL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Reya. 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: +28.893% → 0.000%
- $2,889.33
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $2,889.33
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Gate: live order book, 2 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 4.10 bp | 22.1 bp −$22 | 134.6 bp −$1,346 | doesn't fit | doesn't fit |
Reya: 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 | −0.0136% | 1h | 0.09756 | +28.867% | $4.4M | $4.3M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0073% / S +0.0481% | 1h | 0.09775 | +29.115% | $113K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.0006% | 1h | 0.09783 | +29.223% | $178K | $283K | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09773 | +29.089% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERPlong | 0.0000% | 1h | 0.07571 | long leg | — | — | — | |
| Deribit XPL_USDC-PERPETUAL | 0.0000% | 1h | 0.09779 | +29.171% | $47K | $18K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09776 | +29.125% | $72K | — | 150x | as long as short |
| 01 Exchange XPLUSD | +0.0008% | 1h | 0.09762 | +28.946% | $568 | $582 | 5x | as long as short |
| Orderly PERP_XPL_USDC | +0.0082% | 4h | 0.09775 | +29.118% | $27K | $333K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0094% | 8h | 0.09766 | +28.993% | $13K | $2K | 5x | as long as short |
Lighter XPL
GMX XPL/USD [WBTC.b-USDC]
Backpack XPL_USDC_PERP
dYdX XPL-USD
Deribit XPL_USDC-PERPETUAL
gTrade (Gains Network) XPL/USD
01 Exchange XPLUSD
Orderly PERP_XPL_USDC
Paradex XPL-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | +0.0100% | 1h | 0.09768 | +29.022% | $1.4M | $2.6M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09778 | +29.161% | $62.8M | $47.1M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09770 | +29.052% | $253K | $527K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09770 | +29.046% | $221K | $45K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09757 | +28.874% | $44.1M | $104.3M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09757 | +28.880% | $47.6M | $53.2M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09756 | +28.867% | $9.0M | $53.1M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09822 | +29.745% | $142K | $11K | 10x | as long as short |
| Gate XPL_USDTshort | +0.0100% | 4h | 0.09758 | +28.893% | $3.0M | $4.0M | 75x | |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09767 | +29.012% | $12.8M | $7.6M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09762 | +28.946% | $2.4M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09766 | +28.999% | $8.6M | $11.0M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09761 | +28.933% | — | $7.9M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09799 | +29.435% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09789 | +29.300% | $265K | $786K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09790 | +29.316% | $25K | $86K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09784 | +29.238% | $130K | $2.7M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09750 | +28.788% | $3K | $2.0M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09780 | +29.184% | $201 | $10K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09756 | +28.867% | $138K | $245K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09761 | +28.936% | $656K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09780 | +29.180% | $38K | $5K | 3x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09759 | +28.906% | $1.8M | $1.2M | 75x | as long as short |
| Phoenix XPL | +0.0485% | 1h | 0.09766 | +28.999% | $197K | $646K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0824% | 1h | 0.09844 | +30.029% | $74K | $105K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.3481% | 1h | 0.09823 | +29.749% | $517K | $939K | 10x | as long as short |
Nado XPL-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
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
Extended XPL-USD
Aevo XPL-PERP
BloFin XPL-USDT
Phoenix XPL
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD