XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.070%

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

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

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.052% dearer against Extended than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPL-USD	0.09559	0.0064	pay 0.0008% / 1h	19m 08s	$598K	$1.2M	25x
Short	Deribit XPL_USDC-PERPETUAL	0.09564	−0.0064	pay 0.0008% / 1h	19m 08s	$46K	$18K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Extended. 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 ExtendedbpFee DeribitbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$26.79
Price spread: +0.052% → 0.000%: $5.22
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$33.58
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 4 min ago; Deribit: 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 Extended live order book, 4 min ago	1.05 bp	4.9 bp −$5	18.8 bp −$188	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.1448%	1h	0.09540	−0.199%	$4.3M	$3.2M	10x	as long as short
01 Exchange XPLUSD	−0.0512%	1h	0.09558	−0.011%	$556	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0234% / S +0.0570%	1h	0.09561	+0.017%	$106K	—	100x	as long as short
Deribit XPL_USDC-PERPETUALshort	−0.0064%	1h	0.09564	+0.052%	$46K	$18K	25x
Paradex XPL-USD-PERP	−0.0041%	8h	0.09547	−0.128%	$12K	$696	5x	as long as short
Orderly PERP_XPL_USDC	−0.0028%	4h	0.09557	−0.021%	$30K	$281K	10x	as long as short
Bybit XPLUSDT	−0.0024%	4h	0.09555	−0.042%	$45.5M	$54.0M	75x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09547	−0.129%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.800%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09563	+0.041%	$72K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX XPL-USDT-SWAP	+0.0060%	4h	0.09555	−0.042%	$7.7M	$47.8M	50x	as long as short
Extended XPL-USDlong	+0.0064%	1h	0.09559	long leg	$598K	$1.2M	25x
Nado XPL-PERP	+0.0100%	1h	0.09549	−0.107%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09571	+0.123%	$60.4M	$46.0M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09559	+0.001%	$252K	$419K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09556	−0.037%	$219K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09551	−0.082%	$43.2M	$97.9M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09556	−0.032%	$2.9M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09561	+0.021%	$12.4M	$6.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09554	−0.052%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09564	+0.052%	$9.0M	$9.9M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09557	−0.021%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09563	+0.042%	$179K	$189K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09516	−0.452%	$1.7M	$2.0M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09525	−0.351%	$253K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09530	−0.304%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09567	+0.079%	$125K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09530	−0.304%	$2K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09560	+0.010%	$199	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09524	−0.366%	$131K	$212K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09555	−0.042%	$139K	$0	10x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09560	+0.010%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0249%	1h	0.09538	−0.220%	$193K	$495K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09562	+0.031%	$1.7M	$925K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0808%	1h	0.09620	+0.638%	$65K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2734%	1h	0.09597	+0.394%	$543K	$937K	10x	as long as short