XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Polymarket Perps−0.046%55s7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on gTrade (Gains Network)

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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XPL-USD	0.09613	0.0100	pay 0.0013% / 1h	28m 34s	$128K	$2.6M	10x
Short	gTrade (Gains Network) XPL/USD	0.09609	L +0.0005% / S −0.0004%	get 0.0000% / 1h	28m 34s	$72K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket Perps. 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 Polymarket PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.046%Rate

Funding earned: −$20.17
Price spread: −0.046% → 0.000%: −$4.58
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$42.74
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 5 min ago; gTrade (Gains Network): 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 Polymarket Perps live order book, 5 min ago	0.42 bp	5.2 bp −$5	6.4 bp −$64	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Backpack XPL_USDC_PERP	−0.0420%	1h	0.09603	−0.106%	$181K	$243K	10x	as long as short
01 Exchange XPLUSD	−0.0408%	1h	0.09592	−0.221%	$558	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0255% / S +0.0580%	1h	0.09608	−0.052%	$106K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0062%	1h	0.09604	−0.096%	$46K	$18K	25x	as long as short
Bybit XPLUSDT	−0.0020%	4h	0.09594	−0.200%	$45.5M	$56.7M	75x	as long as short
Orderly PERP_XPL_USDC	−0.0004%	4h	0.09601	−0.127%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09601	−0.127%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.248%	—	—	—	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0004%	1h	0.09609	−0.046%	$72K	—	150x
OKX XPL-USDT-SWAP	+0.0049%	4h	0.09604	−0.096%	$8.2M	$52.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0060%	8h	0.09603	−0.105%	$12K	$2K	5x	as long as short
Gate XPL_USDT	+0.0070%	4h	0.09600	−0.137%	$3.0M	$3.8M	75x	as long as short
Lighter XPL	+0.0096%	1h	0.09593	−0.210%	$4.3M	$4.2M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09599	−0.148%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09615	+0.022%	$60.4M	$48.2M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09603	−0.101%	$244K	$501K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09608	−0.058%	$219K	$48K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09602	−0.117%	$43.4M	$108.7M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09602	−0.117%	$12.3M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09594	−0.200%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09608	−0.054%	$8.5M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09597	−0.169%	—	$8.0M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09609	−0.049%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09615	+0.020%	$256K	$912K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09640	+0.279%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USDlong	+0.0100%	1h	0.09613	long leg	$128K	$2.6M	10x
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.241%	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09600	−0.137%	$2K	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09610	−0.033%	$144K	$264K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09615	+0.019%	$140K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09596	−0.176%	$633K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09600	−0.137%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09628	+0.154%	$195K	$629K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09601	−0.127%	$1.7M	$1.0M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09640	+0.279%	$74K	$93K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3565%	1h	0.09643	+0.309%	$547K	$1.0M	10x	as long as short