XPL

Alert

Funding spread now, next payment 17:00 UTC−0.0279%/8h

paid, last 24h−0.004%paid, last 7 days+0.112%to open and close $10k−$27

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.8% 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	MEXC XPL_USDT	0.09940	0.0100	pay 0.0050% / 4h	3h 20m	$13.9M	$7.6M	100x
Short	Backpack XPL_USDC_PERP	0.09968	−0.0179	pay 0.0022% / 1h	20m 32s	$184K	$288K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BackpackbpOrdersRate

Funding earned: −$58.6
Slippage, 4 orders: −$17.45
Fee MEXC: 0 bp × 2 orders: $0
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$86.06
Break-even: never at this rate

Slippage from MEXC: live order book, 9 min ago; Backpack: live order book, 24 min ago.

Price risk

price view

Price gap now: +0.282%
Avg gap 7d: +0.010%

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 MEXC live order book, 9 min ago	0.50 bp	3.1 bp −$3	9.0 bp −$90	84.4 bp −$8,436	229.1 bp −$114.5K
Sell Backpack live order book, 24 min ago	1.51 bp	9.8 bp −$10	doesn't fit	doesn't fit	doesn't fit

XPL on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter XPL	−0.0872%	1h	$4.5M	$4.2M	10x	as long as short
Backpack XPL_USDC_PERPshort	−0.0179%	1h	$184K	$288K	10x
01 Exchange XPLUSD	−0.0112%	1h	$577	$582	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 −0.0040% / S +0.0454%	1h	$134K	—	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	$74K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0022%	4h	$28K	$333K	10x	as long as short
Paradex XPL-USD-PERP	+0.0094%	8h	$13K	$1K	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	$2.5M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	$265K	$454K	20x	as long as short
Pacifica XPL	+0.0100%	1h	$225K	$15K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	$45.2M	$98.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	$47.8M	$49.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	$9.4M	$54.1M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	$142K	$52K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	$3.0M	$3.9M	75x	as long as short
MEXC XPL_USDTlong	+0.0100%	4h	$13.9M	$7.6M	100x
KuCoin XPLUSDTM	+0.0100%	4h	$2.5M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	$8.7M	$11.2M	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	$30K	$92K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	$134K	$3.4M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	$208	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	$145K	$242K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	$643K	$829K	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	$39K	$5K	3x	as long as short
Hyperliquid XPL	+0.0193%	1h	$65.2M	$40.8M	10x	as long as short
Phoenix XPL	+0.0245%	1h	$204K	$618K	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	+0.0840%	1h	$78K	$134K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1430%	1h	$254K	$588K	10x	as long as short