XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.47 per $10,000 · paid last 24h +0.049%

Price spread now: Bulk against 01 Exchange+0.858%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Bulk

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 +$11 a day on $10k at the current rate, and Bulk is 0.858% dearer against 01 Exchange than usual: you sell high and buy low: +$86 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	01 Exchange XPLUSD	0.09672	−0.0280	get 0.0035% / 1h	55m 27s	$562	$708	5x
Short	Bulk XPL-USD	0.09755	0.0100	get 0.0013% / 1h	55m 27s	$142K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against 01 Exchange. 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 01 ExchangebpFee BulkbpOrdersPrice spread, now +0.858%Rate

Funding earned: $79.8
Price spread: +0.858% → 0.000%: $85.81
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: $151.61
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Bulk: live order book, 13 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Bulk live order book, 13 min ago	5.04 bp	18.2 bp −$18	19.5 bp −$195	42.6 bp −$4,259	131.9 bp −$65.9K

01 Exchange: 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
Deribit XPL_USDC-PERPETUAL	−0.0472%	1h	0.09691	+0.196%	$46K	$18K	25x	as long as short
01 Exchange XPLUSDlong	−0.0280%	1h	0.09672	long leg	$562	$708	5x
GMX XPL/USD [WBTC.b-USDC]	L −0.0182% / S +0.0552%	1h	0.09618	−0.556%	$111K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09703	+0.321%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.726%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0002%	1h	0.09616	−0.576%	$70K	—	150x	as long as short
Lighter XPL	+0.0008%	1h	0.09690	+0.186%	$4.4M	$4.1M	10x	as long as short
Orderly PERP_XPL_USDC	+0.0011%	4h	0.09611	−0.631%	$29K	$335K	10x	as long as short
OKX XPL-USDT-SWAP	+0.0047%	4h	0.09609	−0.651%	$8.5M	$55.1M	50x	as long as short
Paradex XPL-USD-PERP	+0.0049%	8h	0.09706	+0.347%	$13K	$2K	5x	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	0.09590	−0.848%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09679	+0.069%	$62.5M	$47.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09701	+0.295%	$256K	$554K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09705	+0.342%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09611	−0.631%	$43.9M	$109.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09608	−0.662%	$46.1M	$57.4M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09609	−0.651%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09625	−0.486%	$12.8M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09689	+0.176%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09621	−0.527%	$8.6M	$11.4M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09609	−0.651%	—	$8.0M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09686	+0.145%	$182K	$237K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09695	+0.238%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09750	+0.806%	$266K	$857K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09780	+1.117%	$25K	$89K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09677	+0.057%	$129K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09680	+0.083%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09690	+0.186%	$487	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09703	+0.321%	$141K	$247K	20x	as long as short
Bulk XPL-USDshort	+0.0100%	1h	0.09755	+0.858%	$142K	$2K	10x
Extended XPL-USD	+0.0104%	1h	0.09699	+0.282%	$656K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09597	−0.778%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09794	+1.261%	$198K	$657K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09751	+0.817%	$1.8M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09776	+1.075%	$77K	$100K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4392%	1h	0.09740	+0.699%	$563K	$1.0M	10x	as long as short