XPL

Alert

Funding spread now, next payment 18:00 UTC−0.0892%/8h

paid, last 24h−0.143%paid, last 7 days−0.507%to open and close $10k−$51

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.507% in total (about -26.4% 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	BingX XPL-USDT	0.09956	0.0100	pay 0.0050% / 4h	2h 22m	—	$7.9M	—
Short	Lighter XPL	0.09930	−0.0792	pay 0.0099% / 1h	22m 51s	$4.5M	$4.2M	10x

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 BingXbpFee LighterbpOrdersRate

Funding earned: −$187.32
Slippage, 4 orders: −$41.1
Fee BingX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$238.42
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Lighter: live order book, 11 min ago.

Price risk

price view

Price gap now: −0.261%
Avg gap 7d: −0.026%

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 BingX live order book, 7 min ago	5.53 bp	15.0 bp −$15	29.1 bp −$291	90.2 bp −$9,022	709.1 bp −$354.6K
Sell Lighter live order book, 11 min ago	3.54 bp	14.9 bp −$15	30.8 bp −$308	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 XPLshort	−0.0792%	1h	$4.5M	$4.2M	10x
01 Exchange XPLUSD	−0.0160%	1h	$578	$583	5x	as long as short
Backpack XPL_USDC_PERP	−0.0109%	1h	$184K	$280K	10x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0039% / S +0.0454%	1h	$135K	—	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	$74K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0018%	4h	$28K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0096%	8h	$13K	$2K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	$65.0M	$41.5M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	$265K	$441K	20x	as long as short
Pacifica XPL	+0.0100%	1h	$225K	$14K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	$45.4M	$98.0M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	$47.9M	$49.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	$9.4M	$52.7M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	$141K	$52K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	$3.0M	$3.9M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	$13.9M	$7.4M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	$2.5M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	$8.7M	$10.7M	75x	as long as short
BingX XPL-USDTlong	+0.0100%	4h	—	$7.9M	—
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	$136K	$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	+0.4768%	1h	$252K	$595K	10x	as long as short