XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.5462%/8h= −598.1% APRnext payment −$6.83 per $10,000 · paid last 24h −0.384%

Price spread now: 01 Exchange against Kraken Futures−0.779%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on 01 Exchange

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

Both sides work against this trade now: funding costs −$164 a day on $10k at the current rate, and 01 Exchange is 0.779% cheaper against Kraken Futures than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XPLUSD	0.09799	0.5094	pay 0.0637% / 1h	39m 34s	$565K	$1.0M	10x
Short	01 Exchange XPLUSD	0.09723	−0.0368	pay 0.0046% / 1h	39m 34s	$565	$708	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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 Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now −0.779%Rate

Funding earned: −$1,147.12
Price spread: −0.779% → 0.000%: −$77.93
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$1,242.05
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 4 min ago; 01 Exchange: 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 Kraken Futures live order book, 4 min ago	18.83 bp	39.4 bp −$39	1076.1 bp −$10.8K	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.0688%	1h	0.09726	−0.749%	$4.4M	$4.1M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0468%	1h	0.09736	−0.647%	$47K	$18K	25x	as long as short
01 Exchange XPLUSDshort	−0.0368%	1h	0.09723	−0.779%	$565	$708	5x
GMX XPL/USD [WBTC.b-USDC]	L −0.0130% / S +0.0518%	1h	0.09742	−0.586%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09742	−0.588%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.746%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09742	−0.582%	$77K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0029%	8h	0.09732	−0.686%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0059%	4h	0.09732	−0.687%	$29K	$335K	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09738	−0.621%	$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
Hyperliquid XPL	+0.0100%	1h	0.09755	−0.457%	$63.1M	$47.9M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09747	−0.535%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09747	−0.535%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09733	−0.681%	$44.2M	$107.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09735	−0.657%	$47.6M	$55.2M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09733	−0.677%	$8.8M	$54.2M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09740	−0.605%	$142K	$9K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09734	−0.667%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09736	−0.647%	$12.7M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09742	−0.585%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09743	−0.575%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09734	−0.667%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09739	−0.616%	$180K	$281K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09752	−0.480%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09755	−0.455%	$261K	$806K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09760	−0.402%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09745	−0.553%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09720	−0.810%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09730	−0.708%	$198	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09750	−0.504%	$138K	$241K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09732	−0.692%	$656K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09739	−0.618%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09768	−0.320%	$198K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09742	−0.585%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0568%	1h	0.09825	+0.262%	$72K	$97K	50x	as long as short
Kraken Futures PF_XPLUSDlong	+0.5094%	1h	0.09799	long leg	$565K	$1.0M	10x