XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.065%

Price spread now: SoDEX against Deribit−0.052%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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. SoDEX is 0.052% cheaper against Deribit than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 26 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XPL_USDC-PERPETUAL	0.09595	−0.0063	get 0.0008% / 1h	27m 20s	$46K	$18K	25x
Short	SoDEX XPL-USD	0.09590	0.0100	get 0.0013% / 1h	27m 20s	$200	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $34.14
Price spread: −0.052% → 0.000%: −$5.21
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $13.93
Costs to cover: 0.150%
Break-even: 4.1 days

Slippage unknown: Deribit: no order-book sample; SoDEX: no order-book sample. 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 Deribit no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Deribit and SoDEX: 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
Lighter XPL	−0.1168%	1h	0.09577	−0.188%	$4.3M	$3.2M	10x	as long as short
01 Exchange XPLUSD	−0.0360%	1h	0.09587	−0.083%	$639	$790	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09581	−0.143%	$106K	—	100x	as long as short
Deribit XPL_USDC-PERPETUALlong	−0.0063%	1h	0.09595	long leg	$46K	$18K	25x
Orderly PERP_XPL_USDC	−0.0006%	4h	0.09590	−0.052%	$30K	$266K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09598	+0.030%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.098%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09580	−0.157%	$72K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0061%	8h	0.09591	−0.044%	$12K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09589	−0.057%	$1.2M	$2.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09606	+0.109%	$60.6M	$46.2M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09601	+0.059%	$253K	$415K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09599	+0.042%	$220K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09592	−0.033%	$43.4M	$97.1M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09589	−0.063%	$45.8M	$53.2M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09593	−0.021%	$7.9M	$47.7M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09565	−0.313%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09594	−0.010%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09592	−0.031%	$12.5M	$6.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09583	−0.125%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09600	+0.052%	$8.8M	$9.6M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09591	−0.042%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09581	−0.146%	$177K	$188K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09566	−0.304%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09565	−0.315%	$260K	$1.2M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09590	−0.052%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09602	+0.070%	$126K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09570	−0.261%	$2K	$1.6M	20x	as long as short
SoDEX XPL-USDshort	+0.0100%	1h	0.09590	−0.052%	$200	$9K	10x
HTX XPL-USDT	+0.0100%	4h	0.09571	−0.250%	$132K	$212K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09589	−0.058%	$602K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09591	−0.047%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09592	−0.031%	$194K	$506K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09583	−0.125%	$1.7M	$934K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0664%	1h	0.09718	+1.282%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2847%	1h	0.09618	+0.240%	$545K	$933K	10x	as long as short