XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0468%/8h= +51.2% APRnext payment +$0.58 per $10,000 · paid last 24h +0.102%

Price spread now: Hyperliquid against 01 Exchange+0.144%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 Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.144% dearer against 01 Exchange than usual: you sell high and buy low: +$14 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	0.09603	−0.0368	get 0.0046% / 1h	8m 58s	$558	$708	5x
Short	Hyperliquid XPL	0.09617	0.0100	get 0.0013% / 1h	8m 58s	$61.0M	$46.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.144%Rate

Funding earned: $98.28
Price spread: +0.144% → 0.000%: $14.37
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $96.65
Costs to cover: 0.160%
Break-even: 0.1 days

Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 5 min ago	0.93 bp	10.4 bp −$10	doesn't fit	doesn't fit	doesn't fit

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	−0.0374%	1h	0.09607	+0.042%	$46K	$18K	25x	as long as short
01 Exchange XPLUSDlong	−0.0368%	1h	0.09603	long leg	$558	$708	5x
GMX XPL/USD [WBTC.b-USDC]	L −0.0304% / S +0.0610%	1h	0.09610	+0.078%	$106K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0076%	1h	0.09607	+0.042%	$175K	$190K	10x	as long as short
Bybit XPLUSDT	−0.0011%	4h	0.09603	0.000%	$45.4M	$54.1M	75x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09629	+0.272%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.164%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09612	+0.099%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0008%	4h	0.09605	+0.021%	$29K	$339K	10x	as long as short
Lighter XPL	+0.0032%	1h	0.09599	−0.042%	$4.3M	$3.0M	10x	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	+0.0046%	8h	0.09621	+0.188%	$13K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09616	+0.135%	$1.2M	$2.4M	10x	as long as short
Hyperliquid XPLshort	+0.0100%	1h	0.09617	+0.144%	$61.0M	$46.4M	10x
Aster XPLUSDT	+0.0100%	4h	0.09611	+0.082%	$250K	$422K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09627	+0.246%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09601	−0.021%	$43.6M	$100.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09607	+0.042%	$8.2M	$48.4M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09650	+0.489%	$141K	$5K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09610	+0.073%	$3.1M	$3.5M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09608	+0.052%	$12.7M	$7.1M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09605	+0.021%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09615	+0.125%	$9.1M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09604	+0.010%	—	$7.8M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09633	+0.309%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09655	+0.544%	$260K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09670	+0.698%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09622	+0.200%	$128K	$1.9M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.135%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09600	−0.031%	$203	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09634	+0.323%	$141K	$185K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09602	−0.008%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09600	−0.031%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09670	+0.698%	$196K	$573K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09601	−0.021%	$1.7M	$955K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0640%	1h	0.09708	+1.093%	$75K	$76K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3123%	1h	0.09645	+0.436%	$548K	$990K	10x	as long as short