XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Polymarket Perps against dYdX+0.122%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.122% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XPL-USD	0.09691	0	get 0.0000% / 1h	23m 27s	$8K	—	5x
Short	Polymarket Perps XPL-USD	0.09702	0.0100	get 0.0013% / 1h	23m 27s	$130K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.122%Rate

Funding earned: $21
Price spread: +0.122% → 0.000%: $12.23
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $15.23
Costs to cover: 0.180%
Break-even: 1.9 days

Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 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 dYdX no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	1.54 bp	8.0 bp −$8	9.4 bp −$94	doesn't fit	doesn't fit

dYdX: 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
Lighter XPL	−0.0536%	1h	0.09676	−0.150%	$4.4M	$4.2M	10x	as long as short
01 Exchange XPLUSD	−0.0392%	1h	0.09680	−0.109%	$563	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0369%	1h	0.09683	−0.078%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0138% / S +0.0524%	1h	0.09702	+0.115%	$112K	—	100x	as long as short
dYdX XPL-USDlong	0.0000%	1h	0.09691	long leg	$8K	—	5x
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−21.879%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09700	+0.099%	$76K	—	150x	as long as short
Paradex XPL-USD-PERP	+0.0018%	8h	0.09687	−0.038%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0050%	4h	0.09698	+0.077%	$29K	$335K	10x	as long as short
Gate XPL_USDT	+0.0066%	4h	0.09689	−0.016%	$3.0M	$4.0M	75x	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	0.09691	+0.007%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09702	+0.122%	$62.6M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09692	+0.017%	$251K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09690	−0.006%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09695	+0.046%	$44.1M	$108.3M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09700	+0.098%	$47.1M	$55.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09686	−0.047%	$8.7M	$54.2M	50x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09691	+0.005%	$12.7M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09689	−0.016%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09700	+0.098%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09697	+0.067%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09688	−0.026%	$179K	$281K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09715	+0.256%	$1.6M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09720	+0.304%	$260K	$806K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09710	+0.201%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USDshort	+0.0100%	1h	0.09702	+0.122%	$130K	$2.7M	10x
SunX XPL-USDT	+0.0100%	4h	0.09670	−0.212%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09680	−0.109%	$203	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09701	+0.108%	$138K	$233K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09700	+0.096%	$141K	$9K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09685	−0.062%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09688	−0.022%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09734	+0.448%	$197K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09705	+0.149%	$1.7M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0568%	1h	0.09825	+1.387%	$72K	$97K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5120%	1h	0.09750	+0.612%	$562K	$1.0M	10x	as long as short