XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0764%/8h= +83.7% APRnext payment +$0.95 per $10,000 · paid last 24h +0.147%

Price spread now: SoDEX against Lighter+0.092%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on SoDEX

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and SoDEX is 0.092% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XPL	0.09741	−0.0664	get 0.0083% / 1h	41m 25s	$4.4M	$4.1M	10x
Short	SoDEX XPL-USD	0.09750	0.0100	get 0.0013% / 1h	41m 25s	$202	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $160.44
Price spread: +0.092% → 0.000%: $9.24
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $161.68
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter: live order book, 6 min ago; SoDEX: 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 Lighter live order book, 6 min ago	2.56 bp	10.1 bp −$10	38.4 bp −$384	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 XPLlong	−0.0664%	1h	0.09741	long leg	$4.4M	$4.1M	10x
Deribit XPL_USDC-PERPETUAL	−0.0570%	1h	0.09750	+0.092%	$47K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0344%	1h	0.09741	0.000%	$566	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0130% / S +0.0518%	1h	0.09761	+0.202%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09762	+0.219%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.283%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09761	+0.209%	$77K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0040%	8h	0.09752	+0.117%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0059%	4h	0.09748	+0.072%	$29K	$335K	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09750	+0.092%	$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	0.09769	+0.286%	$63.2M	$48.0M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09762	+0.214%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09760	+0.195%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09752	+0.113%	$44.3M	$107.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09748	+0.072%	$47.7M	$55.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09741	0.000%	$8.9M	$54.3M	50x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09751	+0.103%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09755	+0.144%	$12.7M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09752	+0.113%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09763	+0.226%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09747	+0.062%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09758	+0.175%	$180K	$280K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09803	+0.639%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09772	+0.319%	$262K	$806K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09790	+0.503%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09765	+0.248%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09730	−0.113%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USDshort	+0.0100%	1h	0.09750	+0.092%	$202	$10K	10x
HTX XPL-USDT	+0.0100%	4h	0.09770	+0.298%	$139K	$241K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09800	+0.605%	$143K	$9K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09748	+0.074%	$656K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09750	+0.092%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09768	+0.277%	$198K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09769	+0.287%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0568%	1h	0.09825	+0.862%	$72K	$97K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5086%	1h	0.09816	+0.769%	$566K	$1.0M	10x	as long as short