XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0589%/8h= −64.5% APRnext payment −$0.74 per $10,000 · paid last 24h −0.111%

Price spread now: GMX against dYdX−0.131%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on GMX

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

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and GMX is 0.131% cheaper against dYdX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XPL-USD	0.09598	0	get 0.0000% / 1h	7m 23s	$8K	—	5x
Short	GMX XPL/USD [WBTC.b-USDC]	0.09585	L −0.0271% / S +0.0589%	pay 0.0074% / 1h	7m 23s	$105K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.131%Rate

Funding earned: −$123.77
Price spread: −0.131% → 0.000%: −$13.11
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$158.88
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

dYdX and GMX: 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	−0.0400%	1h	0.09574	−0.251%	$557	$708	5x	as long as short
Backpack XPL_USDC_PERP	−0.0278%	1h	0.09594	−0.043%	$178K	$230K	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0271%	1h	0.09583	−0.157%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]short	L −0.0271% / S +0.0589%	1h	0.09585	−0.131%	$105K	—	100x
Bybit XPLUSDT	−0.0136%	4h	0.09576	−0.230%	$45.3M	$56.5M	75x	as long as short
Orderly PERP_XPL_USDC	−0.0002%	4h	0.09580	−0.188%	$29K	$335K	10x	as long as short
dYdX XPL-USDlong	0.0000%	1h	0.09598	long leg	$8K	—	5x
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.123%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09588	−0.109%	$72K	—	150x	as long as short
OKX XPL-USDT-SWAP	+0.0057%	4h	0.09583	−0.157%	$8.2M	$51.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0060%	8h	0.09588	−0.104%	$12K	$2K	5x	as long as short
Lighter XPL	+0.0096%	1h	0.09581	−0.178%	$4.3M	$4.2M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09585	−0.139%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09594	−0.048%	$60.2M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09590	−0.082%	$243K	$497K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09593	−0.053%	$219K	$48K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09581	−0.178%	$43.4M	$107.5M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09643	+0.472%	$140K	$5K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09583	−0.157%	$3.0M	$3.8M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09580	−0.188%	$12.4M	$8.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09575	−0.240%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09584	−0.147%	$8.5M	$10.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09581	−0.178%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09618	+0.204%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09596	−0.021%	$263K	$941K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09600	+0.020%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09589	−0.095%	$127K	$2.2M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09560	−0.397%	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09580	−0.188%	$2K	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09592	−0.063%	$144K	$262K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09577	−0.220%	$634K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09578	−0.209%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09638	+0.416%	$195K	$629K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09593	−0.053%	$1.7M	$1.0M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09670	+0.749%	$75K	$87K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3574%	1h	0.09619	+0.214%	$545K	$1.0M	10x	as long as short