XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against HTX+0.409%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 3 days (all we have)−0.276%−$28 · spread now +0.409%, 7d avg +0.010%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.399% dearer against HTX than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPL-USDT	0.09790	0.0100	pay 0.0050% / 4h	3h 34m	$142K	$242K	20x
Short	BloFin XPL-USDT	0.09830	0.0340	get 0.0170% / 4h	3h 34m	$1.8M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now +0.409%Rate

Funding earned: $50.4
Price spread: +0.409% → +0.010%: $39.9
Slippage, 4 orders: −$38.92
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $27.38
Costs to cover: 0.629%
Break-even: 3.2 days

Slippage from HTX: live order book, 37 min ago; BloFin: live order book, 3 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 HTX live order book, 37 min ago	0.51 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	1.53 bp	10.4 bp −$10	19.9 bp −$199	81.9 bp −$8,188	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 −0.0162% / S +0.0539%	1h	0.09833	+0.440%	$113K	—	100x	as long as short
Backpack XPL_USDC_PERP	−0.0146%	1h	0.09835	+0.460%	$182K	$272K	10x	as long as short
01 Exchange XPLUSD	−0.0136%	1h	0.09847	+0.582%	$573	$708	5x	as long as short
Lighter XPL	−0.0104%	1h	0.09833	+0.439%	$4.4M	$4.2M	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09839	+0.505%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.672%	—	—	—	as long as short
Deribit XPL_USDC-PERPETUAL	0.0000%	1h	0.09835	+0.460%	$47K	$18K	25x	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09847	+0.582%	$77K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0030%	4h	0.09830	+0.409%	$30K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0042%	8h	0.09842	+0.531%	$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
Aster XPLUSDT	+0.0100%	4h	0.09849	+0.599%	$255K	$533K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09845	+0.565%	$224K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09844	+0.552%	$45.0M	$108.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09839	+0.501%	$47.6M	$55.6M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09834	+0.449%	$8.7M	$55.6M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09765	−0.253%	$142K	$2K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09842	+0.531%	$3.1M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09844	+0.552%	$12.9M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09847	+0.582%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09844	+0.552%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09841	+0.521%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09825	+0.357%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09768	−0.228%	$258K	$840K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09820	+0.306%	$25K	$87K	50x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09843	+0.541%	$1.4M	$2.6M	10x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09852	+0.628%	$132K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09820	+0.306%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09830	+0.409%	$198	$10K	10x	as long as short
HTX XPL-USDTlong	+0.0100%	4h	0.09790	long leg	$142K	$242K	20x
Extended XPL-USD	+0.0104%	1h	0.09841	+0.516%	$665K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09831	+0.414%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0163%	1h	0.09823	+0.337%	$199K	$655K	10x	as long as short
Hyperliquid XPL	+0.0183%	1h	0.09862	+0.740%	$63.8M	$47.2M	10x	as long as short
BloFin XPL-USDTshort	+0.0340%	4h	0.09830	+0.409%	$1.8M	$1.2M	75x
Coinbase International XPL-PERP-INTX	+0.0376%	1h	0.09845	+0.562%	$73K	$96K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5040%	1h	0.09871	+0.827%	$572K	$1.0M	10x	as long as short