XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against OKX−0.083%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1221.221% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.206%+$21 on $10k

Price spread, last 3 days (all we have)−0.115%−$12 · spread now −0.083%, 7d avg −0.034%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.048% cheaper against OKX than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.034%). If the spread goes back, that is −$5 on $10k: about 3.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.206% in total) that is about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPL-USDT-SWAP	0.09672	0.0057	pay 0.0028% / 4h	2h 39m	$8.4M	$55.6M	50x
Short	HTX XPL-USDT	0.09664	0.0100	get 0.0050% / 4h	2h 39m	$143K	$258K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now −0.083%Rate

Funding earned: $9.1
Price spread: −0.083% → −0.034%: −$4.83
Slippage, 4 orders: −$100.14
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$117.87
Costs to cover: 1.221%
Break-even: 97.6 days

Slippage from OKX: live order book, 5 min ago; HTX: live order book, 27 min ago.

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 OKX live order book, 5 min ago	0.51 bp	12.9 bp −$13	39.0 bp −$390	doesn't fit	doesn't fit
Sell HTX live order book, 27 min ago	13.68 bp	73.7 bp −$74	doesn't fit	doesn't fit	doesn't fit

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
01 Exchange XPLUSD	−0.0208%	1h	0.09656	−0.165%	$561	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0190% / S +0.0557%	1h	0.09677	+0.051%	$111K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0149%	1h	0.09679	+0.072%	$179K	$245K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09662	−0.108%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.727%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09675	+0.031%	$46K	$18K	25x	as long as short
Orderly PERP_XPL_USDC	+0.0005%	4h	0.09672	0.000%	$29K	$335K	10x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09678	+0.061%	$78K	—	150x	as long as short
Lighter XPL	+0.0032%	1h	0.09667	−0.052%	$4.4M	$4.2M	10x	as long as short
OKX XPL-USDT-SWAPlong	+0.0057%	4h	0.09672	long leg	$8.4M	$55.6M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0058%	8h	0.09659	−0.135%	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09674	+0.016%	$1.2M	$2.9M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09688	+0.160%	$62.7M	$47.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09683	+0.111%	$246K	$550K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09664	−0.080%	$220K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09673	+0.010%	$44.1M	$111.2M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09672	0.000%	$46.5M	$58.0M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09673	+0.010%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09675	+0.031%	$12.8M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09669	−0.031%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09681	+0.093%	$8.5M	$11.4M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09676	+0.041%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09643	−0.300%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09630	−0.436%	$253K	$867K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09710	+0.393%	$25K	$90K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09681	+0.097%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09670	−0.021%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09670	−0.021%	$196	$11K	10x	as long as short
HTX XPL-USDTshort	+0.0100%	4h	0.09664	−0.083%	$143K	$258K	20x
Bulk XPL-USD	+0.0100%	1h	0.09710	+0.396%	$141K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09672	+0.002%	$652K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09680	+0.079%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0328%	1h	0.09668	−0.041%	$196K	$657K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09706	+0.352%	$1.8M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0496%	1h	0.09680	+0.083%	$77K	$104K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4405%	1h	0.09711	+0.399%	$551K	$1.0M	10x	as long as short