XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Polymarket Perps against Extended+0.154%7-day average +0.145% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.276%−$28 · spread now +0.154%, 7d avg +0.145%

Together, before fees−0.288%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPL-USD	0.09605	0.0104	pay 0.0013% / 1h	35m 08s	$604K	$1.2M	25x
Short	Polymarket Perps XPL-USD	0.09620	0.0100	get 0.0013% / 1h	35m 08s	$126K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.154%Rate

Funding earned: −$0.84
Price spread: +0.154% → +0.145%: $0.88
Slippage, 4 orders: −$16.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$29.88
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 4 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 Extended live order book, 3 min ago	0.52 bp	8.5 bp −$9	23.1 bp −$231	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.88 bp	9.8 bp −$10	10.7 bp −$107	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 −0.0234% / S +0.0570%	1h	0.09609	+0.040%	$106K	—	100x	as long as short
01 Exchange XPLUSD	−0.0224%	1h	0.09610	+0.047%	$559	$708	5x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09608	+0.031%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.182%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09611	+0.058%	$46K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09610	+0.045%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0015%	4h	0.09607	+0.016%	$29K	$320K	10x	as long as short
Lighter XPL	+0.0032%	1h	0.09591	−0.150%	$4.3M	$3.0M	10x	as long as short
Paradex XPL-USD-PERP	+0.0067%	8h	0.09608	+0.022%	$12K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09603	−0.023%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09599	−0.067%	$60.6M	$46.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09587	−0.194%	$252K	$429K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09611	+0.062%	$220K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09581	−0.257%	$43.5M	$100.1M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09576	−0.307%	$45.4M	$54.3M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09572	−0.348%	$8.1M	$48.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09565	−0.417%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09589	−0.171%	$3.0M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09596	−0.098%	$12.4M	$6.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09593	−0.130%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09590	−0.161%	$9.1M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09582	−0.244%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09598	−0.078%	$174K	$190K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09579	−0.275%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09577	−0.301%	$254K	$1.1M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09590	−0.161%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USDshort	+0.0100%	1h	0.09620	+0.154%	$126K	$2.0M	10x
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.161%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09600	−0.057%	$203	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09559	−0.484%	$139K	$185K	20x	as long as short
Extended XPL-USDlong	+0.0104%	1h	0.09605	long leg	$604K	$1.2M	25x
Aevo XPL-PERP	+0.0104%	1h	0.09610	+0.043%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09549	−0.588%	$193K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09614	+0.089%	$1.8M	$949K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09640	+0.360%	$67K	$90K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2885%	1h	0.09635	+0.312%	$548K	$989K	10x	as long as short