XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.45 per $10,000 · paid last 24h −0.016%

Price spread now: Orderly against SunX−0.052%7-day average +0.131% · you buy dearer than you sell

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

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 3 days (all we have)+0.243%+$24 · spread now −0.052%, 7d avg +0.131%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.183% cheaper against SunX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.131%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPL-USDT	0.09650	0.0100	pay 0.0050% / 4h	2h 53m	$2K	$2.0M	20x
Short	Orderly PERP_XPL_USDC	0.09645	0.0010	get 0.0005% / 4h	2h 53m	$29K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now −0.052%Rate

Funding earned: −$18.82
Price spread: −0.052% → +0.131%: −$18.31
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$51.12
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 2 min ago; Orderly: 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 SunX live order book, 2 min ago	67.11 bp	200.5 bp −$201	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
01 Exchange XPLUSD	−0.0304%	1h	0.09595	−0.570%	$558	$708	5x	as long as short
Lighter XPL	−0.0272%	1h	0.09637	−0.135%	$4.4M	$4.1M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0268%	1h	0.09649	−0.010%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0183% / S +0.0552%	1h	0.09634	−0.165%	$111K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0159%	1h	0.09658	+0.083%	$178K	$239K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09624	−0.270%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.548%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09636	−0.145%	$76K	—	150x	as long as short
Orderly PERP_XPL_USDCshort	+0.0010%	4h	0.09645	−0.052%	$29K	$335K	10x
OKX XPL-USDT-SWAP	+0.0049%	4h	0.09639	−0.114%	$8.4M	$55.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0049%	8h	0.09605	−0.463%	$12K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09618	−0.330%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09646	−0.044%	$62.1M	$47.5M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09657	+0.073%	$254K	$555K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09623	−0.276%	$219K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09641	−0.091%	$44.0M	$110.3M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09635	−0.155%	$46.3M	$57.7M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09648	−0.021%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09650	0.000%	$12.8M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09634	−0.166%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09643	−0.073%	$8.5M	$11.4M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09626	−0.249%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09695	+0.466%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09750	+1.036%	$266K	$857K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09780	+1.347%	$25K	$89K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09626	−0.251%	$129K	$2.7M	10x	as long as short
SunX XPL-USDTlong	+0.0100%	4h	0.09650	long leg	$2K	$2.0M	20x
SoDEX XPL-USD	+0.0100%	1h	0.09640	−0.104%	$485	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09659	+0.093%	$142K	$254K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09755	+1.088%	$142K	$2K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09649	−0.008%	$648K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09640	−0.104%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09794	+1.492%	$198K	$657K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09592	−0.601%	$1.7M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09776	+1.306%	$77K	$100K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4420%	1h	0.09678	+0.292%	$548K	$1.0M	10x	as long as short