Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: BingX against BloFin−0.010%111s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−0.438%−$44 on $10k
+Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.010%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 111 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 | BloFin XPL-USDT | 0.09830 | 0.0340 | pay 0.0170% / 4h | 3h 33m | $1.8M | $1.2M | 75x |
| Short | BingX XPL-USDT | 0.09829 | 0.0100 | get 0.0050% / 4h | 3h 33m | — | $7.9M | — |
BloFin XPL-USDT
BingX XPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.010% → −0.004%
- −$0.66
- Slippage, 4 orders
- −$23.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.98
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 5 min ago.
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 BloFin live order book, 4 min ago | 1.53 bp | 7.5 bp −$8 | 15.5 bp −$155 | 60.8 bp −$6,080 | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.62 bp | 12.4 bp −$12 | 32.3 bp −$323 | 93.4 bp −$9,338 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XPL/USD [WBTC.b-USDC] | L −0.0163% / S +0.0540% | 1h | 0.09830 | +0.002% | $113K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.0131% | 1h | 0.09839 | +0.092% | $182K | $272K | 10x | as long as short |
| 01 Exchange XPLUSD | −0.0128% | 1h | 0.09828 | −0.020% | $571 | $708 | 5x | as long as short |
| Lighter XPL | −0.0088% | 1h | 0.09830 | 0.000% | $4.4M | $4.2M | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09839 | +0.096% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07570 | −22.987% | — | — | — | as long as short |
| Deribit XPL_USDC-PERPETUAL | 0.0000% | 1h | 0.09845 | +0.153% | $47K | $18K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0003% | 1h | 0.09830 | +0.001% | $77K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0030% | 4h | 0.09831 | +0.010% | $30K | $335K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0044% | 8h | 0.09842 | +0.122% | $13K | $2K | 5x | as long as short |
GMX XPL/USD [WBTC.b-USDC]
Backpack XPL_USDC_PERP
01 Exchange XPLUSD
Lighter XPL
dYdX XPL-USD
Reya XPLRUSDPERP
Deribit XPL_USDC-PERPETUAL
gTrade (Gains Network) XPL/USD
Orderly PERP_XPL_USDC
Paradex XPL-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | +0.0100% | 1h | 0.09831 | +0.015% | $1.5M | $2.6M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09844 | +0.142% | $254K | $533K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09845 | +0.153% | $224K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09830 | 0.000% | $44.9M | $108.7M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09827 | −0.031% | $47.6M | $55.7M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09831 | +0.010% | $8.7M | $55.7M | 50x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09765 | −0.659% | $142K | $2K | 10x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09830 | 0.000% | $3.1M | $4.0M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09832 | +0.020% | $12.9M | $7.6M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09828 | −0.020% | $2.4M | $1.5M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09838 | +0.081% | $8.7M | $11.1M | 75x | as long as short |
| BingX XPL-USDTshort | +0.0100% | 4h | 0.09829 | −0.010% | — | $7.9M | — | |
| Variational Omni XPL | +0.0100% | 4h | 0.09825 | −0.051% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09827 | −0.027% | $260K | $840K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09820 | −0.102% | $25K | $87K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09843 | +0.128% | $132K | $2.7M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09830 | 0.000% | $3K | $2.0M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09840 | +0.102% | $203 | $10K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09834 | +0.041% | $142K | $242K | 20x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09830 | +0.005% | $665K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09832 | +0.016% | $29K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0163% | 1h | 0.09844 | +0.142% | $199K | $655K | 10x | as long as short |
| Hyperliquid XPL | +0.0229% | 1h | 0.09854 | +0.249% | $63.8M | $47.3M | 10x | as long as short |
| BloFin XPL-USDTlong | +0.0340% | 4h | 0.09830 | long leg | $1.8M | $1.2M | 75x | |
| Coinbase International XPL-PERP-INTX | +0.0376% | 1h | 0.09845 | +0.153% | $73K | $96K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.5027% | 1h | 0.09896 | +0.672% | $573K | $1.0M | 10x | as long as short |
Nado XPL-PERP
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
OKX XPL-USDT-SWAP
Bulk XPL-USD
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Extended XPL-USD
Aevo XPL-PERP
Phoenix XPL
Hyperliquid XPL
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD