XPL

Alert

Funding spread now, next payment 18:00 UTC+0.0243%/8h

paid, last 24h+0.008%paid, last 7 days−0.075%to open and close $10k−$88

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XPL_USDC_PERP	0.09924	−0.0143	get 0.0018% / 1h	20m 08s	$183K	$280K	10x
Short	KuCoin XPLUSDTM	0.09928	0.0100	get 0.0050% / 4h	2h 20m	$2.4M	$1.4M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee KuCoinbpOrdersRate

Funding earned: $51.04
Slippage, 4 orders: −$65.61
Fee Backpack: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$36.58
Break-even: 12.0 days

Slippage from Backpack: live order book, 20 min ago; KuCoin: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.040%
Avg gap 7d: +0.016%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Backpack live order book, 20 min ago	3.50 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	14.58 bp	30.6 bp −$31	141.6 bp −$1,416	doesn't fit	doesn't fit

XPL on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter XPL	−0.0776%	1h	$4.5M	$4.2M	10x	as long as short
01 Exchange XPLUSD	−0.0152%	1h	$577	$583	5x	as long as short
Backpack XPL_USDC_PERPlong	−0.0143%	1h	$183K	$280K	10x
GMX XPL/USD [WBTC.b-USDC]	L −0.0039% / S +0.0454%	1h	$134K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	$49K	$17K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0021%	4h	$28K	$333K	10x	as long as short
Gate XPL_USDT	+0.0094%	4h	$3.0M	$3.9M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0096%	8h	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	$64.8M	$41.5M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	$265K	$441K	20x	as long as short
Pacifica XPL	+0.0100%	1h	$224K	$14K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	$45.2M	$98.1M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	$47.7M	$49.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	$9.4M	$52.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	$141K	$52K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	$13.8M	$7.4M	100x	as long as short
KuCoin XPLUSDTMshort	+0.0100%	4h	$2.4M	$1.4M	50x
Bitget XPLUSDT	+0.0100%	4h	$8.6M	$10.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	$1.7M	$1.8M	—	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	$29K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	$135K	$3.2M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	$297	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	$144K	$239K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	$638K	$828K	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	$39K	$5K	3x	as long as short
Phoenix XPL	+0.0241%	1h	$204K	$623K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	$1.9M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0840%	1h	$78K	$122K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4778%	1h	$251K	$595K	10x	as long as short