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: Variational Omni against BloFin−0.293%7-day average +0.004% · you buy dearer than you sell

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

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.245%−$24 on $10k

Price spread, last 4 days (all we have)+0.397%+$40 · spread now −0.293%, 7d avg +0.004%

Together, before fees+0.153%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.298% cheaper against BloFin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPL-USDT	0.09643	0.0340	pay 0.0170% / 4h	24m 34s	$1.7M	$994K	75x
Short	Variational Omni XPL	0.09615	0.0100	get 0.0050% / 4h	24m 34s	$1.7M	$1.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.293%Rate

Funding earned: −$50.4
Price spread: −0.293% → +0.004%: −$29.78
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$92.18
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 8 min ago; Variational Omni: RFQ quote, 5 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 BloFin live order book, 8 min ago	4.15 bp	13.8 bp −$14	27.1 bp −$271	96.9 bp −$9,688	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	4.14 bp	doesn't fit	69.4 bp −$694	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
01 Exchange XPLUSD	−0.0368%	1h	0.09633	−0.104%	$560	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0309% / S +0.0613%	1h	0.09649	+0.060%	$107K	—	100x	as long as short
Bybit XPLUSDT	−0.0085%	4h	0.09634	−0.093%	$45.6M	$54.8M	75x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0061%	1h	0.09650	+0.073%	$46K	$18K	25x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09641	−0.023%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.490%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09650	+0.073%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0013%	4h	0.09644	+0.010%	$29K	$339K	10x	as long as short
Backpack XPL_USDC_PERP	+0.0050%	1h	0.09638	−0.052%	$178K	$223K	10x	as long as short
Paradex XPL-USD-PERP	+0.0080%	8h	0.09638	−0.054%	$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
Lighter XPL	+0.0096%	1h	0.09626	−0.176%	$4.4M	$3.3M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09635	−0.083%	$1.2M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09652	+0.095%	$60.9M	$46.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09642	−0.008%	$242K	$469K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09640	−0.035%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09635	−0.083%	$43.8M	$103.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09639	−0.041%	$8.3M	$49.5M	50x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09639	−0.041%	$3.0M	$3.6M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09631	−0.124%	$12.3M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09623	−0.207%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09638	−0.052%	$8.6M	$10.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09634	−0.093%	—	$7.9M	—	as long as short
Variational Omni XPLshort	+0.0100%	4h	0.09615	−0.293%	$1.7M	$1.9M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09612	−0.327%	$252K	$983K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09620	−0.239%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09665	+0.225%	$125K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09630	−0.135%	$3K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09640	−0.031%	$200	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09612	−0.321%	$141K	$206K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09630	−0.135%	$140K	$5K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09631	−0.125%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09645	+0.022%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09626	−0.176%	$195K	$617K	10x	as long as short
BloFin XPL-USDTlong	+0.0340%	4h	0.09643	long leg	$1.7M	$994K	75x
Coinbase International XPL-PERP-INTX	+0.0616%	1h	0.09676	+0.342%	$75K	$87K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3297%	1h	0.09676	+0.341%	$548K	$975K	10x	as long as short