XPL

Alert

Funding spread now, next payment 19:00 UTC+0.0750%/8h

paid, last 24h+0.130%paid, last 5 days+0.353%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.353% in total (about 27.0% a year). A funding rate is set anew for every payment. 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	Lighter XPL	0.09940	−0.0704	get 0.0088% / 1h	23m 44s	$4.5M	$4.2M	10x
Short	Orderly PERP_XPL_USDC	0.09958	0.0046	get 0.0023% / 4h	1h 23m	$28K	$333K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee OrderlybpOrdersRate

Funding earned: $157.44
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $151.44
Break-even: 0.3 days

Slippage unknown: Lighter: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.181%
Avg gap 7d: +0.007%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Lighter live order book, 5 min ago	3.52 bp	6.5 bp −$6	23.7 bp −$237	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter XPLlong	−0.0704%	1h	$4.5M	$4.2M	10x
Backpack XPL_USDC_PERP	−0.0425%	1h	$184K	$282K	10x	as long as short
01 Exchange XPLUSD	−0.0056%	1h	$579	$583	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0051%	1h	$49K	$17K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0039% / S +0.0454%	1h	$135K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	$56K	—	150x	as long as short
Orderly PERP_XPL_USDCshort	+0.0046%	4h	$28K	$333K	10x
Paradex XPL-USD-PERP	+0.0099%	8h	$13K	$2K	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	$1.4M	$2.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	$275K	$471K	20x	as long as short
Pacifica XPL	+0.0100%	1h	$225K	$14K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	$45.3M	$100.1M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	$47.8M	$49.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	$9.4M	$52.7M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	$141K	$53K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	$13.7M	$7.3M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	$8.7M	$10.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	$1.7M	$1.8M	—	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	$26K	$82K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	$134K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	$206	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	$143K	$241K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	$630K	$852K	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	$39K	$5K	3x	as long as short
Hyperliquid XPL	+0.0255%	1h	$65.5M	$43.7M	10x	as long as short
Phoenix XPL	+0.0324%	1h	$204K	$621K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0848%	1h	$77K	$117K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2757%	1h	$292K	$691K	10x	as long as short