Funding you earn now, next payment 12:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against HTX0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days+0.323%+$32 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now 0.000%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.021% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XPL-USDT | 0.09499 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $132K | $214K | 20x |
| Short | BloFin XPL-USDT | 0.09499 | 0.0164 | get 0.0082% / 4h | 2h 42m | $1.8M | $822K | 75x |
HTX XPL-USDT
BloFin XPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.39
- Price spread: 0.000% → −0.021%
- $2.07
- Slippage, 4 orders
- −$65.96
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.5
- Costs to cover
- 0.900%
- Break-even
- 45.9 days
Slippage from HTX: live order book, 7 min ago; BloFin: live order book, 8 min ago.
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 HTX live order book, 7 min ago | 20.00 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 4.73 bp | 11.7 bp −$12 | 17.1 bp −$171 | 56.9 bp −$5,689 | doesn't fit |
XPL on 36 exchanges
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 | 0.09491 | −0.084% | $4.3M | $3.1M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.0592% | 1h | 0.09491 | −0.084% | $552 | $873 | 5x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0486% | 1h | 0.09504 | +0.053% | $47K | $18K | 25x | as long as short |
| Bybit XPLUSDT | −0.0373% | 4h | 0.09498 | −0.011% | $44.9M | $53.5M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0347% / S +0.0636% | 1h | 0.09507 | +0.082% | $105K | — | 100x | as long as short |
| Extended XPL-USD | −0.0160% | 1h | 0.09498 | −0.007% | $604K | $1.2M | 25x | as long as short |
| Paradex XPL-USD-PERP | −0.0136% | 8h | 0.09498 | −0.014% | $12K | $696 | 5x | as long as short |
| OKX XPL-USDT-SWAP | −0.0093% | 4h | 0.09501 | +0.021% | $7.6M | $47.3M | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.0056% | 4h | 0.09498 | −0.011% | $30K | $208K | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09516 | +0.175% | $9K | $600 | 5x | as long as short |
Lighter XPL
01 Exchange XPLUSD
Deribit XPL_USDC-PERPETUAL
Bybit XPLUSDT
GMX XPL/USD [WBTC.b-USDC]
Extended XPL-USD
Paradex XPL-USD-PERP
OKX XPL-USDT-SWAP
Orderly PERP_XPL_USDC
dYdX XPL-USDShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −20.301% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09518 | +0.203% | $72K | — | 150x | as long as short |
| Binance XPLUSDT | +0.0038% | 4h | 0.09499 | +0.005% | $43.5M | $97.2M | 75x | as long as short |
| MEXC XPL_USDT | +0.0040% | 4h | 0.09500 | +0.011% | $13.4M | $6.5M | 100x | as long as short |
| Backpack XPL_USDC_PERP | +0.0082% | 1h | 0.09508 | +0.095% | $179K | $174K | 10x | as long as short |
| Gate XPL_USDT | +0.0084% | 4h | 0.09500 | +0.011% | $2.9M | $3.3M | 75x | as long as short |
| Aevo XPL-PERP | +0.0096% | 1h | 0.09524 | +0.258% | $28K | $18K | 3x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09498 | −0.016% | $1.3M | $2.2M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09520 | +0.219% | $60.5M | $44.4M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09510 | +0.116% | $252K | $395K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09510 | +0.113% | $217K | $47K | 10x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09500 | +0.011% | $138K | $0 | 10x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09503 | +0.042% | $2.4M | $1.3M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09513 | +0.147% | $9.1M | $10.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09501 | +0.021% | — | $7.7M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09513 | +0.143% | $1.7M | $1.8M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09500 | +0.011% | $255K | $1.3M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09510 | +0.116% | $25K | $71K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09512 | +0.137% | $125K | $1.5M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09490 | −0.095% | $2K | $1.6M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09500 | +0.011% | $176 | $9K | 10x | as long as short |
| HTX XPL-USDTlong | +0.0100% | 4h | 0.09499 | long leg | $132K | $214K | 20x | |
| BloFin XPL-USDTshort | +0.0164% | 4h | 0.09499 | 0.000% | $1.8M | $822K | 75x | |
| Phoenix XPL | +0.0166% | 1h | 0.09529 | +0.316% | $193K | $474K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0648% | 1h | 0.09736 | +2.495% | $65K | $95K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.1852% | 1h | 0.09525 | +0.275% | $541K | $981K | 10x | as long as short |
Reya XPLRUSDPERP
gTrade (Gains Network) XPL/USD
Binance XPLUSDT
MEXC XPL_USDT
Backpack XPL_USDC_PERP
Gate XPL_USDT
Aevo XPL-PERP
Nado XPL-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Bulk XPL-USD
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
Phoenix XPL
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD