Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against SoDEX−0.098%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 dYdX is 0.098% cheaper against SoDEX than usual: you would sell low and buy high (−$10 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 | SoDEX XPL-USD | 0.09570 | 0.0100 | pay 0.0013% / 1h | 39m 23s | $195 | $9K | 10x |
| Short | dYdX XPL-USD | 0.09561 | 0 | get 0.0000% / 1h | 39m 23s | $9K | $600 | 5x |
SoDEX XPL-USD
dYdX XPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against SoDEX. 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: −0.098% → 0.000%
- −$9.83
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$48.83
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
SoDEX and 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 | −0.1424% | 1h | 0.09542 | −0.293% | $4.3M | $3.2M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.0488% | 1h | 0.09544 | −0.272% | $555 | $873 | 5x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0481% | 1h | 0.09572 | +0.021% | $46K | $18K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0313% / S +0.0615% | 1h | 0.09577 | +0.073% | $106K | — | 100x | as long as short |
| Orderly PERP_XPL_USDC | −0.0017% | 4h | 0.09568 | −0.021% | $30K | $246K | 10x | as long as short |
| dYdX XPL-USDshort | 0.0000% | 1h | 0.09561 | −0.098% | $9K | $600 | 5x | |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −20.890% | — | — | — | as long as short |
| Paradex XPL-USD-PERP | +0.0003% | 8h | 0.09546 | −0.251% | $12K | $696 | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09577 | +0.076% | $72K | — | 150x | as long as short |
| Bybit XPLUSDT | +0.0047% | 4h | 0.09555 | −0.157% | $45.6M | $53.8M | 75x | as long as short |
Lighter XPL
01 Exchange XPLUSD
Deribit XPL_USDC-PERPETUAL
GMX XPL/USD [WBTC.b-USDC]
Orderly PERP_XPL_USDC
Reya XPLRUSDPERP
Paradex XPL-USD-PERP
gTrade (Gains Network) XPL/USD
Bybit XPLUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | +0.0100% | 1h | 0.09564 | −0.057% | $1.2M | $2.2M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09574 | +0.044% | $60.5M | $46.0M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09562 | −0.082% | $252K | $419K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09563 | −0.069% | $219K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09557 | −0.136% | $43.3M | $97.8M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09567 | −0.031% | $7.7M | $47.8M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09550 | −0.209% | $139K | $0 | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09566 | −0.042% | $3.0M | $3.3M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09562 | −0.084% | $12.5M | $6.5M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09553 | −0.178% | $2.3M | $1.2M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09575 | +0.052% | $9.0M | $9.8M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09553 | −0.178% | — | $7.8M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.0100% | 1h | 0.09575 | +0.052% | $179K | $188K | 10x | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09576 | +0.059% | $1.7M | $2.0M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09574 | +0.039% | $254K | $1.3M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09590 | +0.209% | $25K | $75K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09572 | +0.024% | $125K | $1.8M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09550 | −0.209% | $2K | $1.6M | 20x | as long as short |
| SoDEX XPL-USDlong | +0.0100% | 1h | 0.09570 | long leg | $195 | $9K | 10x | |
| HTX XPL-USDT | +0.0100% | 4h | 0.09576 | +0.063% | $132K | $213K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09549 | −0.223% | $601K | $1.2M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09570 | 0.000% | $28K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0249% | 1h | 0.09605 | +0.366% | $194K | $495K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09610 | +0.418% | $1.7M | $930K | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0808% | 1h | 0.09569 | −0.010% | $64K | $91K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.2730% | 1h | 0.09610 | +0.417% | $545K | $930K | 10x | as long as short |
Nado XPL-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Backpack XPL_USDC_PERP
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
HTX XPL-USDT
Extended XPL-USD
Aevo XPL-PERP
Phoenix XPL
BloFin XPL-USDT
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD