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

XPL

all XPL markets
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Funding spread now, next payment 14:00 UTC+0.0337%/8h
paid, last 24h+0.034%paid, last 7 days+0.163%to open and close $10k−$53
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% 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 XPLUSDT0.10220.0100pay 0.0050% / 4h2h 00m$9.2M$9.9M75x
ShortHyperliquid XPL0.10230.0437get 0.0055% / 1h0m 16s$68.2M$33.5M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$70.72
Slippage, 4 orders
−$32.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$17.54
Break-even
5.3 days
Slippage from Bitget: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.132%
Avg gap 7d
+0.067%
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, 5 min ago3.91 bp20.5 bp −$2158.0 bp −$580doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.49 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit

XPL on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter XPL−0.0680%1h$4.6M$3.7M10xas long as short
Backpack XPL_USDC_PERP−0.0485%1h$187K$279K10xas long as short
Deribit XPL_USDC-PERPETUAL−0.0435%1h$47K$10K25xas long as short
01 Exchange XPLUSD−0.0224%1h$595$3K5xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0032% / S +0.0446%1h$136K100xas long as short
dYdX XPL-USD0.0000%1h$9K5xas 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+0.0047%4h$28K$331K10xas long as short
Paradex XPL-USD-PERP+0.0095%8h$12K$9465xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h$1.5M$2.1M10xas long as short
Aster XPLUSDT+0.0100%4h$312K$401K20xas long as short
Pacifica XPL+0.0100%1h$230K$18K10xas long as short
Binance XPLUSDT+0.0100%4h$48.0M$86.4M75xas long as short
Bybit XPLUSDT+0.0100%4h$50.0M$43.7M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h$9.9M$51.0M50xas long as short
Gate XPL_USDT+0.0100%4h$3.2M$3.7M75xas long as short
MEXC XPL_USDT+0.0100%4h$14.4M$6.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h$2.8M$1.3M50xas long as short
Bitget XPLUSDTlong+0.0100%4h$9.2M$9.9M75x
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$32K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h$139K$3.6M10xas long as short
SunX XPL-USDT+0.0100%4h$2K$1.8M20xas long as short
SoDEX XPL-USD+0.0100%1h$307$9K10xas long as short
HTX XPL-USDT+0.0100%4h$152K$251K20xas long as short
Bulk XPL-USD+0.0100%1h$144K$35K10xas long as short
Extended XPL-USD+0.0104%1h$653K$749K25xas long as short
Aevo XPL-PERP+0.0104%1h$40K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h$2.0M$1.1M75xas long as short
Phoenix XPL+0.0385%1h$222K$479K10xas long as short
Hyperliquid XPLshort+0.0437%1h$68.2M$33.5M10x
Coinbase International XPL-PERP-INTX+0.0872%1h$114K$118K50xas long as short
Kraken Futures PF_XPLUSD+0.1158%1h$136K$379K10xas long as short