XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h −0.022%

Price spread now: gTrade (Gains Network) against GMX+0.011%7-day average — · you sell dearer than you buy

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

Long on GMX Short on gTrade (Gains Network)

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XPL/USD [WBTC.b-USDC]	0.09963	L +0.0204% / S +0.0037%	pay 0.0025% / 1h	31m 32s	$140K	—	100x
Short	gTrade (Gains Network) XPL/USD	0.09964	L +0.0005% / S −0.0004%	get 0.0000% / 1h	31m 32s	$73K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.011%Rate

Funding earned: −$41.97
Price spread: +0.011% → 0.000%: $1.1
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$62.87
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and gTrade (Gains Network): 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
dYdX XPL-USD	0.0000%	1h	0.09963	−0.002%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−24.013%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09967	+0.038%	$50K	$17K	25x	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0004%	1h	0.09964	+0.011%	$73K	—	150x
01 Exchange XPLUSD	+0.0064%	1h	0.09962	−0.012%	$579	$582	5x	as long as short
Orderly PERP_XPL_USDC	+0.0076%	4h	0.09967	+0.038%	$28K	$333K	10x	as long as short
Backpack XPL_USDC_PERP	+0.0086%	1h	0.09962	−0.012%	$186K	$286K	10x	as long as short
Lighter XPL	+0.0096%	1h	0.09955	−0.082%	$4.5M	$4.2M	10x	as long as short
Paradex XPL-USD-PERP	+0.0098%	8h	0.09957	−0.061%	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09958	−0.052%	$1.4M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPLUSDT	+0.0100%	4h	0.09972	+0.089%	$262K	$509K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09962	−0.013%	$226K	$17K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09956	−0.072%	$45.5M	$102.0M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09949	−0.143%	$48.3M	$51.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09951	−0.122%	$9.5M	$53.2M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09980	+0.169%	$144K	$11K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09962	−0.012%	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09960	−0.032%	$13.7M	$7.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09958	−0.052%	$2.5M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09963	−0.002%	$8.7M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09953	−0.102%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09999	+0.356%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09974	+0.111%	$270K	$720K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09980	+0.169%	$26K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09976	+0.124%	$135K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09960	−0.032%	$3K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09970	+0.068%	$208	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09963	−0.002%	$141K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09956	−0.068%	$720K	$983K	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09978	+0.152%	$39K	$5K	3x	as long as short
GMX XPL/USD [WBTC.b-USDC]long	L +0.0204% / S +0.0037%	1h	0.09963	long leg	$140K	—	100x
Phoenix XPL	+0.0318%	1h	0.1002	+0.540%	$205K	$640K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09982	+0.189%	$1.8M	$1.2M	75x	as long as short
Hyperliquid XPL	+0.0603%	1h	0.09983	+0.197%	$66.1M	$44.8M	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0664%	1h	0.1013	+1.674%	$77K	$108K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3348%	1h	0.1001	+0.488%	$298K	$704K	10x	as long as short