XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%

Price spread now: Variational Omni against Gate+0.069%7-day average −0.007% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.017%+$2 on $10k

Price spread, last 7 days−0.102%−$10 · spread now +0.069%, 7d avg −0.007%

Together, before fees−0.085%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.076% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPL_USDT	0.09580	0.0080	pay 0.0040% / 4h	1h 38m	$2.9M	$3.7M	75x
Short	Variational Omni XPL	0.09587	0.0100	get 0.0050% / 4h	1h 38m	$1.7M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.069%Rate

Funding earned: $4.2
Price spread: +0.069% → −0.007%: $7.59
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.21
Costs to cover: 0.150%
Break-even: 12.4 days

Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, just now. 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, 4 min ago	2.60 bp	22.2 bp −$22	129.7 bp −$1,297	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	4.18 bp	doesn't fit	74.2 bp −$742	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
Backpack XPL_USDC_PERP	−0.0609%	1h	0.09584	+0.042%	$180K	$242K	10x	as long as short
01 Exchange XPLUSD	−0.0432%	1h	0.09571	−0.094%	$556	$708	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0272%	1h	0.09577	−0.031%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0248% / S +0.0576%	1h	0.09580	+0.004%	$105K	—	100x	as long as short
Orderly PERP_XPL_USDC	−0.0005%	4h	0.09572	−0.084%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09583	+0.033%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.973%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09581	+0.016%	$72K	—	150x	as long as short
Lighter XPL	+0.0024%	1h	0.09570	−0.104%	$4.3M	$4.2M	10x	as long as short
OKX XPL-USDT-SWAP	+0.0033%	4h	0.09596	+0.167%	$8.2M	$53.1M	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	+0.0053%	8h	0.09577	−0.026%	$12K	$2K	5x	as long as short
Gate XPL_USDTlong	+0.0080%	4h	0.09580	long leg	$2.9M	$3.7M	75x
Nado XPL-PERP	+0.0100%	1h	0.09578	−0.018%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09594	+0.149%	$60.3M	$48.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09582	+0.021%	$243K	$501K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09586	+0.064%	$219K	$48K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09588	+0.084%	$43.4M	$108.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09582	+0.021%	$45.4M	$56.7M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09540	−0.417%	$139K	$7K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09584	+0.042%	$12.3M	$7.9M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09579	−0.010%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09587	+0.073%	$8.5M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09585	+0.052%	—	$8.0M	—	as long as short
Variational Omni XPLshort	+0.0100%	4h	0.09587	+0.069%	$1.7M	$1.8M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09616	+0.374%	$260K	$901K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09620	+0.418%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09589	+0.090%	$127K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09560	−0.209%	$3K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09580	0.000%	$2K	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09580	0.000%	$144K	$264K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09582	+0.019%	$633K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09572	−0.080%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0248%	1h	0.09608	+0.292%	$195K	$629K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09576	−0.042%	$1.7M	$1.0M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09640	+0.626%	$74K	$93K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3573%	1h	0.09620	+0.416%	$546K	$1.0M	10x	as long as short