XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Variational Omni−0.231%71s7-day average +0.012% · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.245%+$24 on $10k

Price spread, last 3 days (all we have)+0.327%+$33 · spread now −0.231%, 7d avg +0.012%

Together, before fees+0.571%+ Points / potential airdropVariational Omni: Active · farm board+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.243% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of +0.012%). If the spread goes back, that is −$24 on $10k: about 3.4 days of funding at the current rate (+$7 a day). The two prices were read 71 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	Variational Omni XPL	0.09915	0.0100	pay 0.0050% / 4h	3h 17m	$1.8M	$2.0M	—
Short	BloFin XPL-USDT	0.09892	0.0340	get 0.0170% / 4h	3h 17m	$1.8M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BloFinbpOrdersPrice spread, now −0.231%Rate

Funding earned: $50.4
Price spread: −0.231% → +0.012%: −$24.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $14.14
Costs to cover: 0.120%
Break-even: 5.0 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BloFin: live order book, 5 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 Variational Omni RFQ quote, 1 min ago	4.05 bp	doesn't fit	93.1 bp −$931	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	2.52 bp	10.8 bp −$11	19.3 bp −$193	61.8 bp −$6,180	doesn't fit

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	−0.0176%	1h	0.09867	−0.483%	$574	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0170% / S +0.0545%	1h	0.09889	−0.265%	$114K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0154%	1h	0.09895	−0.200%	$47K	$18K	25x	as long as short
Lighter XPL	0.0000%	1h	0.09895	−0.200%	$4.5M	$4.2M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09848	−0.674%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−23.646%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09889	−0.260%	$77K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0022%	4h	0.09890	−0.251%	$30K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0046%	8h	0.09844	−0.710%	$13K	$2K	5x	as long as short
Backpack XPL_USDC_PERP	+0.0094%	1h	0.09913	−0.019%	$186K	$263K	10x	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	0.09874	−0.415%	$1.5M	$2.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09901	−0.145%	$256K	$534K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09850	−0.654%	$224K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09905	−0.100%	$45.3M	$108.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09904	−0.110%	$48.2M	$56.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09906	−0.089%	$8.8M	$56.2M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09870	−0.452%	$144K	$2K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09904	−0.110%	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09905	−0.099%	$13.1M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09912	−0.029%	$2.5M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09915	+0.001%	$8.8M	$11.2M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09910	−0.049%	—	$7.9M	—	as long as short
Variational Omni XPLlong	+0.0100%	4h	0.09915	long leg	$1.8M	$2.0M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09920	+0.052%	$266K	$835K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09920	+0.052%	$26K	$89K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09885	−0.297%	$132K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09840	−0.755%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09900	−0.150%	$197	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09878	−0.372%	$143K	$243K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09904	−0.106%	$669K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09920	+0.052%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09941	+0.264%	$201K	$655K	10x	as long as short
Hyperliquid XPL	+0.0207%	1h	0.09928	+0.128%	$64.4M	$47.1M	10x	as long as short
BloFin XPL-USDTshort	+0.0340%	4h	0.09892	−0.231%	$1.8M	$1.2M	75x
Coinbase International XPL-PERP-INTX	+0.0376%	1h	0.09980	+0.657%	$74K	$97K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5003%	1h	0.09945	+0.300%	$575K	$1.0M	10x	as long as short