XPL

Alert

Funding spread now, next payment 17:00 UTC−0.1300%/8h

paid, last 24h−0.130%paid, last 7 days−0.470%to open and close $10k−$30

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.470% in total (about -24.5% 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	0.1001	0.0100	pay 0.0050% / 4h	3h 43m	$14.1M	$7.6M	100x
Short	Lighter XPL	0.1001	−0.1200	pay 0.0150% / 1h	43m 25s	$4.5M	$4.2M	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 LighterbpOrdersRate

Funding earned: −$273
Slippage, 4 orders: −$30.32
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: −$303.32
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 6 min ago.

Price risk

price view

Price gap now: −0.040%
Avg gap 7d: −0.033%

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, 1 min ago	1.51 bp	4.2 bp −$4	8.6 bp −$86	91.6 bp −$9,165	228.2 bp −$114.1K
Sell Lighter live order book, 6 min ago	3.52 bp	11.7 bp −$12	31.6 bp −$316	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 XPLshort	−0.1200%	1h	$4.5M	$4.2M	10x
Backpack XPL_USDC_PERP	−0.0286%	1h	$185K	$288K	10x	as long as short
01 Exchange XPLUSD	−0.0248%	1h	$583	$582	5x	as long as short
Bybit XPLUSDT	−0.0084%	4h	$48.3M	$49.1M	75x	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
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	$50K	$17K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0015%	4h	$28K	$333K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0092%	8h	$13K	$1K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	$1.4M	$2.5M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	$65.4M	$40.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	$270K	$453K	20x	as long as short
Pacifica XPL	+0.0100%	1h	$227K	$15K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	$45.8M	$98.6M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	$9.4M	$54.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	$140K	$54K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	$3.1M	$3.9M	75x	as long as short
MEXC XPL_USDTlong	+0.0100%	4h	$14.1M	$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	$29K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	$135K	$3.5M	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	$210	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	$145K	$243K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	$648K	$833K	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	$39K	$5K	3x	as long as short
Phoenix XPL	+0.0245%	1h	$205K	$618K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	$1.7M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0840%	1h	$78K	$134K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1429%	1h	$256K	$589K	10x	as long as short