XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.067%

Price spread now: Phoenix against ApeX Omni−0.278%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.411%+$41 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.278% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.278% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 4.1 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XPLUSDT	0.09720	0.0100	pay 0.0013% / 1h	42m 12s	$25K	$90K	50x
Short	Phoenix XPL	0.09693	0.0328	get 0.0041% / 1h	42m 12s	$196K	$657K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against ApeX Omni. 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 ApeX OmnibpFee PhoenixbpOrdersPrice spread, now −0.278%Rate

Funding earned: $47.89
Price spread: −0.278% → 0.000%: −$27.78
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $3.11
Costs to cover: 0.170%
Break-even: 6.5 days

Slippage unknown: ApeX Omni: no order-book sample; Phoenix: live order book, 26 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 26 min ago	1.01 bp	14.6 bp −$15	48.4 bp −$484	doesn't fit	doesn't fit

ApeX Omni: 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	−0.0208%	1h	0.09672	−0.494%	$562	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0189% / S +0.0556%	1h	0.09659	−0.632%	$111K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0116%	1h	0.09660	−0.617%	$181K	$243K	10x	as long as short
Lighter XPL	−0.0008%	1h	0.09642	−0.802%	$4.4M	$4.2M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09670	−0.517%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.112%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09656	−0.658%	$46K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09660	−0.616%	$77K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0007%	4h	0.09654	−0.679%	$29K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0057%	8h	0.09667	−0.543%	$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
OKX XPL-USDT-SWAP	+0.0060%	4h	0.09657	−0.648%	$8.4M	$55.8M	50x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09666	−0.556%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09681	−0.402%	$62.7M	$47.9M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09671	−0.508%	$246K	$550K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09667	−0.547%	$220K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09654	−0.679%	$44.0M	$110.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09657	−0.648%	$46.5M	$58.2M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09661	−0.607%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09658	−0.638%	$12.8M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09650	−0.720%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09668	−0.535%	$8.5M	$11.5M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09660	−0.617%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09678	−0.432%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09680	−0.415%	$264K	$858K	10x	as long as short
ApeX Omni XPLUSDTlong	+0.0100%	1h	0.09720	long leg	$25K	$90K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09676	−0.451%	$129K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09660	−0.617%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09650	−0.720%	$194	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09671	−0.504%	$141K	$255K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09710	−0.100%	$141K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09652	−0.696%	$655K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09651	−0.710%	$29K	$18K	3x	as long as short
Phoenix XPLshort	+0.0328%	1h	0.09693	−0.278%	$196K	$657K	10x
BloFin XPL-USDT	+0.0340%	4h	0.09706	−0.144%	$1.8M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09675	−0.463%	$78K	$103K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4411%	1h	0.09698	−0.227%	$549K	$1.0M	10x	as long as short