XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.2998%/8h= +328.3% APRnext payment +$3.75 per $10,000 · paid last 24h +0.549%

Price spread now: Kraken Futures against SoDEX+0.332%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Kraken Futures

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 for this trade now. Funding pays +$90 a day on $10k at the current rate, and Kraken Futures is 0.332% dearer against SoDEX than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XPL-USD	0.09690	0.0100	pay 0.0013% / 1h	44m 34s	$199	$12K	10x
Short	Kraken Futures PF_XPLUSD	0.09722	0.3098	get 0.0387% / 1h	44m 34s	$552K	$982K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SoDEX. 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 SoDEXbpFee Kraken FuturesbpOrdersPrice spread, now +0.332%Rate

Funding earned: $629.56
Price spread: +0.332% → 0.000%: $33.22
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $644.79
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 4 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 SoDEX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	27.78 bp	35.1 bp −$35	481.3 bp −$4,813	doesn't fit	doesn't fit

SoDEX: 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
01 Exchange XPLUSD	−0.0448%	1h	0.09682	−0.083%	$563	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0304% / S +0.0610%	1h	0.09675	−0.151%	$107K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0266%	1h	0.09688	−0.021%	$46K	$18K	25x	as long as short
Bybit XPLUSDT	−0.0171%	4h	0.09677	−0.134%	$45.8M	$54.4M	75x	as long as short
Gate XPL_USDT	−0.0148%	4h	0.09684	−0.062%	$3.1M	$3.5M	75x	as long as short
Backpack XPL_USDC_PERP	−0.0129%	1h	0.09688	−0.021%	$179K	$195K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09691	+0.013%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.869%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09677	−0.129%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0014%	4h	0.09671	−0.196%	$29K	$339K	10x	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	+0.0049%	8h	0.09682	−0.085%	$13K	$2K	5x	as long as short
Lighter XPL	+0.0096%	1h	0.09677	−0.134%	$4.4M	$3.0M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09657	−0.343%	$1.2M	$2.5M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09696	+0.064%	$61.2M	$46.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09697	+0.072%	$252K	$454K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09687	−0.032%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09679	−0.114%	$43.9M	$102.1M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09678	−0.124%	$8.3M	$49.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09670	−0.207%	$141K	$5K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09685	−0.052%	$12.6M	$7.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09685	−0.052%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09692	+0.021%	$8.8M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09684	−0.062%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09668	−0.229%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09672	−0.188%	$255K	$1.0M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09680	−0.103%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09674	−0.161%	$127K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09650	−0.413%	$3K	$1.8M	20x	as long as short
SoDEX XPL-USDlong	+0.0100%	1h	0.09690	long leg	$199	$12K	10x
HTX XPL-USDT	+0.0100%	4h	0.09682	−0.083%	$142K	$201K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09677	−0.131%	$656K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09680	−0.103%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09692	+0.021%	$196K	$573K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09678	−0.124%	$1.7M	$977K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0640%	1h	0.09734	+0.454%	$75K	$82K	50x	as long as short
Kraken Futures PF_XPLUSDshort	+0.3098%	1h	0.09722	+0.332%	$552K	$982K	10x