XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.203%

Price spread now: Coinbase International against Variational Omni+0.496%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Coinbase International

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.496% dearer against Variational Omni than usual: you sell high and buy low: +$50 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	Variational Omni XPL	0.09536	0.0100	pay 0.0050% / 4h	41m 36s	$1.7M	$1.8M	—
Short	Coinbase International XPL-PERP-INTX	0.09583	0.0616	get 0.0077% / 1h	41m 36s	$74K	$86K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.496%Rate

Funding earned: $108.36
Price spread: +0.496% → 0.000%: $49.57
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $147.93
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Coinbase International: 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 Variational Omni RFQ quote, 3 min ago	4.19 bp	doesn't fit	59.7 bp −$597	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.0336%	1h	0.09544	+0.087%	$555	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0295% / S +0.0605%	1h	0.09556	+0.215%	$105K	—	100x	as long as short
Bybit XPLUSDT	−0.0093%	4h	0.09544	+0.087%	$45.2M	$55.2M	75x	as long as short
Backpack XPL_USDC_PERP	−0.0027%	1h	0.09558	+0.233%	$178K	$225K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09558	+0.230%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.607%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09554	+0.192%	$46K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09558	+0.228%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0006%	4h	0.09551	+0.160%	$29K	$339K	10x	as long as short
Paradex XPL-USD-PERP	+0.0075%	8h	0.09555	+0.203%	$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
Lighter XPL	+0.0096%	1h	0.09546	+0.108%	$4.3M	$3.3M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09552	+0.171%	$1.2M	$2.7M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09566	+0.318%	$59.9M	$47.2M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09557	+0.223%	$240K	$485K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09559	+0.245%	$218K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09551	+0.160%	$43.3M	$103.2M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09552	+0.171%	$8.2M	$49.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09530	−0.060%	$139K	$5K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09551	+0.160%	$3.0M	$3.6M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09553	+0.181%	$12.3M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09559	+0.244%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09560	+0.254%	$8.5M	$10.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09549	+0.139%	—	$7.9M	—	as long as short
Variational Omni XPLlong	+0.0100%	4h	0.09536	long leg	$1.7M	$1.8M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09530	−0.060%	$253K	$955K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09520	−0.165%	$25K	$79K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09565	+0.303%	$127K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09530	−0.060%	$3K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09550	+0.150%	$189	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09520	−0.165%	$139K	$224K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09550	+0.145%	$646K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09551	+0.162%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09551	+0.160%	$193K	$617K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09553	+0.181%	$1.7M	$981K	75x	as long as short
Coinbase International XPL-PERP-INTXshort	+0.0616%	1h	0.09583	+0.496%	$74K	$86K	50x
Kraken Futures PF_XPLUSD	+0.3327%	1h	0.09589	+0.556%	$544K	$977K	10x	as long as short