data as of
Settings8H · net · $10k
Funding arb /

XPL

all XPL markets
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Funding spread now, next payment 15:00 UTC−0.0829%/8h
paid, last 24h+0.001%paid, last 7 days+0.201%to open and close $10k−$52
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.201% in total (about 10.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XPLUSDT0.10040.0100pay 0.0050% / 4h1h 53m$9.0M$10.0M75x
ShortBackpack XPL_USDC_PERP0.1009−0.0729pay 0.0091% / 1h53m 26s$184K$276K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$174.02
Slippage, 4 orders
−$29.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$225.79
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Backpack: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.408%
Avg gap 7d
−0.022%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago4.45 bp17.2 bp −$1753.3 bp −$533doesn't fitdoesn't fit
Sell Backpack live order book, 1 min ago0.49 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit

XPL on 34 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter XPL−0.1072%1h$4.5M$3.7M10xas long as short
Backpack XPL_USDC_PERPshort−0.0729%1h$184K$276K10x
Deribit XPL_USDC-PERPETUAL−0.0443%1h$46K$10K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0033% / S +0.0446%1h$134K100xas long as short
dYdX XPL-USD0.0000%1h$8K5xas long as short
Reya XPLRUSDPERP0.0000%1has long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h$73K150xas long as short
Orderly PERP_XPL_USDC+0.0046%4h$28K$331K10xas long as short
Paradex XPL-USD-PERP+0.0095%8h$12K$9465xas long as short
Nado XPL-PERP+0.0100%1h$1.4M$2.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster XPLUSDT+0.0100%4h$306K$401K20xas long as short
Pacifica XPL+0.0100%1h$227K$18K10xas long as short
Binance XPLUSDT+0.0100%4h$47.1M$86.7M75xas long as short
Bybit XPLUSDT+0.0100%4h$49.1M$43.7M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h$9.8M$50.1M50xas long as short
Bulk XPL-USD+0.0100%1h$143K$35K10xas long as short
Gate XPL_USDT+0.0100%4h$3.1M$3.6M75xas long as short
MEXC XPL_USDT+0.0100%4h$14.1M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h$2.7M$1.3M50xas long as short
Bitget XPLUSDTlong+0.0100%4h$9.0M$10.0M75x
BingX XPL-USDT+0.0100%4h$7.9Mas long as short
Variational Omni XPL+0.0100%4h$1.9M$1.4Mas long as short
ApeX Omni XPLUSDT+0.0100%1h$31K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h$137K$3.6M10xas long as short
SunX XPL-USDT+0.0100%4h$3K$1.8M20xas long as short
SoDEX XPL-USD+0.0100%1h$303$9K10xas long as short
HTX XPL-USDT+0.0100%4h$151K$251K20xas long as short
Extended XPL-USD+0.0104%1h$643K$752K25xas long as short
Aevo XPL-PERP+0.0104%1h$39K$5K3xas long as short
Hyperliquid XPL+0.0133%1h$67.0M$33.5M10xas long as short
BloFin XPL-USDT+0.0340%4h$2.0M$1.1M75xas long as short
Phoenix XPL+0.0391%1h$221K$528K10xas long as short
Kraken Futures PF_XPLUSD+0.0519%1h$137K$382K10xas long as short
Coinbase International XPL-PERP-INTX+0.0880%1h$114K$118K50xas long as short