XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.016%

Price spread now: Orderly against Gate+0.071%7-day average −0.050% · you sell dearer than you buy

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

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 3 days (all we have)−0.293%−$29 · spread now +0.071%, 7d avg −0.050%

Together, before fees−0.309%−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.122% dearer against Gate than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.050%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days. At the pace of the last 7 days (−0.016% in total) that is about 55 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPL_USDT	0.09813	0.0100	pay 0.0050% / 4h	2h 22m	$3.0M	$4.0M	75x
Short	Orderly PERP_XPL_USDC	0.09820	0.0083	get 0.0042% / 4h	2h 22m	$27K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now +0.071%Rate

Funding earned: −$3.49
Price spread: +0.071% → −0.050%: $12.16
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$12.33
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 6 min ago; Orderly: 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 Gate live order book, 6 min ago	6.13 bp	31.1 bp −$31	134.7 bp −$1,347	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
GMX XPL/USD [WBTC.b-USDC]	L −0.0080% / S +0.0486%	1h	0.09824	+0.108%	$113K	—	100x	as long as short
Lighter XPL	−0.0056%	1h	0.09785	−0.285%	$4.4M	$4.3M	10x	as long as short
01 Exchange XPLUSD	−0.0016%	1h	0.09809	−0.041%	$570	$582	5x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09793	−0.209%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.852%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09794	−0.194%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09823	+0.105%	$72K	—	150x	as long as short
Backpack XPL_USDC_PERP	+0.0016%	1h	0.09792	−0.214%	$178K	$283K	10x	as long as short
Orderly PERP_XPL_USDCshort	+0.0083%	4h	0.09820	+0.071%	$27K	$333K	10x
Paradex XPL-USD-PERP	+0.0095%	8h	0.09794	−0.189%	$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	0.09816	+0.031%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09835	+0.229%	$63.2M	$47.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09802	−0.113%	$254K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09799	−0.144%	$222K	$45K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09823	+0.102%	$44.4M	$104.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09822	+0.092%	$47.9M	$53.4M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09819	+0.061%	$9.1M	$53.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09740	−0.744%	$140K	$11K	10x	as long as short
Gate XPL_USDTlong	+0.0100%	4h	0.09813	long leg	$3.0M	$4.0M	75x
MEXC XPL_USDT	+0.0100%	4h	0.09820	+0.071%	$12.8M	$7.7M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09815	+0.020%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09824	+0.112%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09820	+0.071%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09812	−0.009%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09807	−0.062%	$265K	$786K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09810	−0.031%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09832	+0.192%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09770	−0.438%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09790	−0.234%	$204	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09794	−0.194%	$139K	$245K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09797	−0.164%	$664K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09824	+0.108%	$38K	$5K	3x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09788	−0.255%	$1.8M	$1.2M	75x	as long as short
Phoenix XPL	+0.0485%	1h	0.09825	+0.122%	$199K	$646K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0824%	1h	0.09832	+0.194%	$74K	$103K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3471%	1h	0.09850	+0.382%	$519K	$941K	10x	as long as short