XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.5006%/8h= +548.1% APRnext payment +$6.26 per $10,000 · paid last 24h +0.337%

Price spread now: Kraken Futures against SoDEX+0.593%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Kraken Futures

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 for this trade now. Funding pays +$150 a day on $10k at the current rate, and Kraken Futures is 0.593% dearer against SoDEX than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XPL-USD	0.09720	0.0100	pay 0.0013% / 1h	27m 10s	$204	$10K	10x
Short	Kraken Futures PF_XPLUSD	0.09778	0.5106	get 0.0638% / 1h	27m 10s	$564K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SoDEX. 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 SoDEXbpFee Kraken FuturesbpOrdersPrice spread, now +0.593%Rate

Funding earned: $1,051.22
Price spread: +0.593% → 0.000%: $59.27
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,092.49
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 1 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 SoDEX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 1 min ago	11.27 bp	16.7 bp −$17	325.1 bp −$3,251	doesn't fit	doesn't fit

SoDEX: 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	−0.0576%	1h	0.09716	−0.041%	$4.4M	$4.2M	10x	as long as short
01 Exchange XPLUSD	−0.0408%	1h	0.09719	−0.010%	$565	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0136% / S +0.0523%	1h	0.09728	+0.081%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09720	+0.001%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.115%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09727	+0.072%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09727	+0.074%	$76K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0022%	8h	0.09726	+0.066%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0051%	4h	0.09723	+0.031%	$29K	$335K	10x	as long as short
Gate XPL_USDT	+0.0074%	4h	0.09721	+0.010%	$3.0M	$4.0M	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	0.09721	+0.015%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09738	+0.180%	$62.8M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09729	+0.092%	$252K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09723	+0.027%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09725	+0.051%	$44.2M	$108.2M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09723	+0.031%	$47.3M	$55.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09722	+0.021%	$8.8M	$54.4M	50x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09725	+0.051%	$12.7M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09723	+0.031%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09731	+0.113%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09723	+0.031%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09727	+0.072%	$179K	$281K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09696	−0.243%	$1.6M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09699	−0.218%	$260K	$806K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09730	+0.103%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09735	+0.150%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09700	−0.206%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USDlong	+0.0100%	1h	0.09720	long leg	$204	$10K	10x
HTX XPL-USDT	+0.0100%	4h	0.09716	−0.041%	$138K	$233K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09700	−0.208%	$141K	$9K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09721	+0.008%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09725	+0.051%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09714	−0.062%	$197K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09726	+0.062%	$1.7M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0568%	1h	0.09825	+1.080%	$72K	$97K	50x	as long as short
Kraken Futures PF_XPLUSDshort	+0.5106%	1h	0.09778	+0.593%	$564K	$1.0M	10x