XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0300%/8h= −32.8% APRnext payment −$0.37 per $10,000 · paid last 24h −0.020%

Price spread now: 01 Exchange against Backpack+0.040%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on 01 Exchange

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

The price spread pays, funding is against you. 01 Exchange is 0.040% dearer against Backpack than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XPL_USDC_PERP	0.09919	0.0100	pay 0.0013% / 1h	8m 49s	$185K	$254K	10x
Short	01 Exchange XPLUSD	0.09923	−0.0200	pay 0.0025% / 1h	8m 49s	$577	$708	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now +0.040%Rate

Funding earned: −$63
Price spread: +0.040% → 0.000%: $4.03
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$75.97
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 64 min ago; 01 Exchange: 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 Backpack live order book, 64 min ago	1.03 bp	8.9 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 XPLUSDshort	−0.0200%	1h	0.09923	+0.040%	$577	$708	5x
GMX XPL/USD [WBTC.b-USDC]	L −0.0174% / S +0.0547%	1h	0.09920	+0.011%	$114K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09922	+0.029%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−23.676%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09920	+0.010%	$48K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09921	+0.023%	$77K	—	150x	as long as short
Lighter XPL	+0.0016%	1h	0.09901	−0.181%	$4.5M	$4.2M	10x	as long as short
Orderly PERP_XPL_USDC	+0.0019%	4h	0.09915	−0.040%	$30K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0047%	8h	0.09923	+0.042%	$13K	$2K	5x	as long as short
OKX XPL-USDT-SWAP	+0.0082%	4h	0.09909	−0.101%	$8.8M	$56.1M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09923	+0.040%	$1.5M	$2.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09920	+0.009%	$256K	$539K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09926	+0.070%	$226K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09911	−0.081%	$45.4M	$108.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09912	−0.071%	$48.3M	$56.1M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09870	−0.494%	$144K	$2K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09918	−0.010%	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09909	−0.101%	$13.2M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09912	−0.071%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09921	+0.020%	$8.9M	$11.2M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09910	−0.091%	—	$8.0M	—	as long as short
Backpack XPL_USDC_PERPlong	+0.0100%	1h	0.09919	long leg	$185K	$254K	10x
Variational Omni XPL	+0.0100%	4h	0.09896	−0.233%	$1.8M	$2.0M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09903	−0.161%	$263K	$844K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09910	−0.091%	$26K	$89K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09931	+0.122%	$133K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09910	−0.091%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09910	−0.091%	$498	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09916	−0.030%	$144K	$243K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09909	−0.103%	$673K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09915	−0.040%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09925	+0.060%	$201K	$655K	10x	as long as short
Hyperliquid XPL	+0.0188%	1h	0.09931	+0.122%	$64.4M	$47.0M	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09916	−0.030%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0376%	1h	0.09980	+0.615%	$74K	$97K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4993%	1h	0.09964	+0.455%	$576K	$1.0M	10x	as long as short