XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0269%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h +0.022%

Price spread now: Extended against GMX−0.059%7-day average −0.060% · you buy dearer than you sell

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

Long on GMX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.079%−$8 on $10k

Price spread, last 3 days (all we have)−0.043%−$4 · spread now −0.059%, 7d avg −0.060%

Together, before fees−0.122%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.079% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. 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	GMX XPL/USD [WBTC.b-USDC]	0.09872	L −0.0165% / S +0.0541%	get 0.0021% / 1h	28m 00s	$114K	—	100x
Short	Extended XPL-USD	0.09866	0.0104	get 0.0013% / 1h	28m 00s	$669K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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 GMXbpFee ExtendedbpOrdersPrice spread, now −0.059%Rate

Funding earned: $56.52
Price spread: −0.059% → −0.060%: $0.09
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $39.61
Costs to cover: 0.170%
Break-even: 2.1 days

Slippage unknown: GMX: no order-book sample; Extended: live order book, 5 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Extended live order book, 5 min ago	2.03 bp	6.5 bp −$7	19.2 bp −$192	doesn't fit	doesn't fit

GMX: 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
GMX XPL/USD [WBTC.b-USDC]long	L −0.0165% / S +0.0541%	1h	0.09872	long leg	$114K	—	100x
01 Exchange XPLUSD	−0.0136%	1h	0.09879	+0.069%	$574	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0054%	1h	0.09875	+0.028%	$47K	$18K	25x	as long as short
Backpack XPL_USDC_PERP	−0.0031%	1h	0.09873	+0.008%	$184K	$273K	10x	as long as short
Lighter XPL	−0.0024%	1h	0.09858	−0.144%	$4.5M	$4.2M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09870	−0.023%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−23.315%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09872	−0.006%	$77K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0026%	4h	0.09870	−0.022%	$30K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0044%	8h	0.09878	+0.063%	$13K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09875	+0.026%	$1.5M	$2.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09878	+0.056%	$256K	$535K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09881	+0.088%	$225K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09869	−0.032%	$45.1M	$108.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09869	−0.032%	$48.0M	$55.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09866	−0.063%	$8.8M	$55.9M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09880	+0.079%	$144K	$2K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09867	−0.053%	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09864	−0.083%	$13.0M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09866	−0.063%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09875	+0.028%	$8.8M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09869	−0.032%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09857	−0.154%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09872	−0.004%	$261K	$840K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09840	−0.326%	$25K	$89K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09888	+0.162%	$132K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09860	−0.124%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09870	−0.022%	$202	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09845	−0.276%	$143K	$242K	20x	as long as short
Extended XPL-USDshort	+0.0104%	1h	0.09866	−0.059%	$669K	$1.1M	25x
Aevo XPL-PERP	+0.0104%	1h	0.09863	−0.090%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09844	−0.286%	$199K	$655K	10x	as long as short
Hyperliquid XPL	+0.0240%	1h	0.09889	+0.168%	$64.0M	$47.3M	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09853	−0.194%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0376%	1h	0.09881	+0.089%	$73K	$96K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5017%	1h	0.09916	+0.443%	$573K	$1.0M	10x	as long as short