XPL

Alert: funding

Alert: spread

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: SunX against BloFin−0.030%7-day average −0.154% · you buy dearer than you sell

Net, funding: paid 7d − costs−$376as in the Funding arb table

Net, price: spread back to 7d avg − costs−$321as in the Price arb table

costs, in and out, $10k−$3333.328% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.433%−$43 on $10k

Price spread, last 3 days (all we have)−0.187%−$19 · spread now −0.030%, 7d avg −0.154%

Together, before fees−0.620%−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.123% dearer against BloFin than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.154%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPL-USDT	0.09873	0.0340	pay 0.0170% / 4h	3h 27m	$1.8M	$1.2M	75x
Short	SunX XPL-USDT	0.09870	0.0100	get 0.0050% / 4h	3h 27m	$3K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$50.4
Price spread: −0.030% → −0.154%: $12.32
Slippage, 4 orders: −$312.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$370.91
Costs to cover: 3.328%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; SunX: live order book, 9 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, 6 min ago	4.07 bp	11.9 bp −$12	21.2 bp −$212	77.8 bp −$7,777	doesn't fit
Sell SunX live order book, 9 min ago	35.62 bp	151.5 bp −$152	doesn't fit	doesn't fit	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 −0.0166% / S +0.0542%	1h	0.09883	+0.101%	$114K	—	100x	as long as short
01 Exchange XPLUSD	−0.0136%	1h	0.09879	+0.061%	$574	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0054%	1h	0.09881	+0.081%	$47K	$18K	25x	as long as short
Backpack XPL_USDC_PERP	−0.0009%	1h	0.09884	+0.111%	$185K	$270K	10x	as long as short
Lighter XPL	−0.0008%	1h	0.09868	−0.051%	$4.5M	$4.2M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09878	+0.052%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−23.321%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09883	+0.100%	$77K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0026%	4h	0.09878	+0.051%	$30K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0045%	8h	0.09869	−0.036%	$13K	$2K	5x	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	0.09878	+0.051%	$1.5M	$2.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09883	+0.103%	$256K	$535K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09875	+0.025%	$225K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09887	+0.142%	$45.2M	$108.6M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09875	+0.020%	$48.0M	$55.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09879	+0.061%	$8.8M	$56.0M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09880	+0.071%	$144K	$2K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09879	+0.061%	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09876	+0.030%	$13.0M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09883	+0.101%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09887	+0.142%	$8.8M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09880	+0.071%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09857	−0.162%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09872	−0.013%	$261K	$840K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09860	−0.132%	$25K	$89K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09889	+0.161%	$132K	$2.7M	10x	as long as short
SunX XPL-USDTshort	+0.0100%	4h	0.09870	−0.030%	$3K	$2.0M	20x
SoDEX XPL-USD	+0.0100%	1h	0.09880	+0.071%	$201	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09845	−0.284%	$143K	$242K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09876	+0.032%	$669K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09881	+0.077%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09862	−0.111%	$200K	$655K	10x	as long as short
Hyperliquid XPL	+0.0237%	1h	0.09898	+0.250%	$64.1M	$47.3M	10x	as long as short
BloFin XPL-USDTlong	+0.0340%	4h	0.09873	long leg	$1.8M	$1.2M	75x
Coinbase International XPL-PERP-INTX	+0.0376%	1h	0.09903	+0.304%	$74K	$96K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5013%	1h	0.09924	+0.519%	$574K	$1.0M	10x	as long as short