XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against OKX+0.236%7-day average +0.004% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.275%−$27 · spread now +0.236%, 7d avg +0.004%

Together, before fees−0.275%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.231% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPL-USDT-SWAP	0.09595	0.0061	pay 0.0031% / 4h	1h 09m	$8.3M	$52.3M	50x
Short	Variational Omni XPL	0.09618	0.0100	get 0.0050% / 4h	1h 09m	$1.7M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.236%Rate

Funding earned: $8.09
Price spread: +0.236% → +0.004%: $23.13
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $21.23
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. 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 OKX live order book, 4 min ago	0.52 bp	11.3 bp −$11	35.7 bp −$357	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	4.16 bp	doesn't fit	70.7 bp −$707	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	−0.0392%	1h	0.09592	−0.031%	$558	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0269% / S +0.0588%	1h	0.09628	+0.348%	$106K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0261%	1h	0.09627	+0.334%	$179K	$231K	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0165%	1h	0.09626	+0.323%	$46K	$18K	25x	as long as short
Bybit XPLUSDT	−0.0136%	4h	0.09590	−0.052%	$45.4M	$56.7M	75x	as long as short
Orderly PERP_XPL_USDC	−0.0001%	4h	0.09623	+0.292%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09611	+0.162%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−21.100%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09606	+0.116%	$72K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0061%	8h	0.09604	+0.090%	$12K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX XPL-USDT-SWAPlong	+0.0061%	4h	0.09595	long leg	$8.3M	$52.3M	50x
Lighter XPL	+0.0096%	1h	0.09606	+0.115%	$4.3M	$4.2M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09598	+0.031%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09611	+0.169%	$60.3M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09620	+0.261%	$244K	$497K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09613	+0.189%	$219K	$48K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09599	+0.038%	$43.5M	$108.2M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09643	+0.505%	$140K	$5K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09607	+0.125%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09598	+0.031%	$12.5M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09595	0.000%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09606	+0.115%	$8.5M	$11.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09601	+0.063%	—	$8.0M	—	as long as short
Variational Omni XPLshort	+0.0100%	4h	0.09618	+0.236%	$1.7M	$1.8M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09647	+0.542%	$254K	$930K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09620	+0.261%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09606	+0.109%	$128K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09620	+0.261%	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09620	+0.261%	$2K	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09641	+0.479%	$145K	$263K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09600	+0.052%	$636K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09624	+0.307%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09638	+0.448%	$195K	$629K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09626	+0.323%	$1.7M	$1.0M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09670	+0.782%	$75K	$93K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3556%	1h	0.09667	+0.750%	$548K	$1.0M	10x	as long as short