XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0524%/8h= −57.4% APRnext payment −$0.66 per $10,000 · paid last 24h −0.121%

Price spread now: 01 Exchange against Hyperliquid−0.335%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and 01 Exchange is 0.335% cheaper against Hyperliquid than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid XPL	0.09633	0.0100	pay 0.0013% / 1h	12m 55s	$61.0M	$45.7M	10x
Short	01 Exchange XPLUSD	0.09601	−0.0424	pay 0.0053% / 1h	12m 55s	$558	$873	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. 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 HyperliquidbpFee 01 ExchangebpOrdersPrice spread, now −0.335%Rate

Funding earned: −$110.04
Price spread: −0.335% → 0.000%: −$33.53
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$159.57
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 11 min ago; 01 Exchange: 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 Hyperliquid live order book, 11 min ago	1.41 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.1112%	1h	0.09604	−0.304%	$4.4M	$3.2M	10x	as long as short
Bybit XPLUSDT	−0.0482%	4h	0.09617	−0.169%	$45.6M	$54.1M	75x	as long as short
01 Exchange XPLUSDshort	−0.0424%	1h	0.09601	−0.335%	$558	$873	5x
Deribit XPL_USDC-PERPETUAL	−0.0374%	1h	0.09611	−0.231%	$46K	$16K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0311% / S +0.0615%	1h	0.09617	−0.167%	$106K	—	100x	as long as short
Paradex XPL-USD-PERP	−0.0120%	8h	0.09613	−0.213%	$12K	$696	5x	as long as short
OKX XPL-USDT-SWAP	−0.0069%	4h	0.09614	−0.200%	$7.6M	$47.9M	50x	as long as short
Orderly PERP_XPL_USDC	−0.0034%	4h	0.09606	−0.283%	$30K	$235K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09620	−0.142%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.410%	—	—	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09617	−0.164%	$73K	—	150x	as long as short
Extended XPL-USD	+0.0016%	1h	0.09610	−0.239%	$607K	$1.2M	25x	as long as short
Gate XPL_USDT	+0.0048%	4h	0.09615	−0.190%	$2.9M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0090%	4h	0.09611	−0.231%	$13.2M	$6.6M	100x	as long as short
Binance XPLUSDT	+0.0090%	4h	0.09614	−0.200%	$43.9M	$98.3M	75x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09609	−0.257%	$1.3M	$2.2M	10x	as long as short
Hyperliquid XPLlong	+0.0100%	1h	0.09633	long leg	$61.0M	$45.7M	10x
Aster XPLUSDT	+0.0100%	4h	0.09623	−0.107%	$255K	$398K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09622	−0.119%	$220K	$47K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09623	−0.107%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09622	−0.117%	$9.2M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09613	−0.211%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09620	−0.138%	$183K	$179K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09613	−0.215%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09608	−0.264%	$257K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09620	−0.138%	$25K	$73K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09621	−0.128%	$126K	$1.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.449%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09610	−0.242%	$189	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09606	−0.283%	$133K	$214K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09570	−0.657%	$139K	$0	10x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09611	−0.231%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09627	−0.065%	$195K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0330%	4h	0.09607	−0.273%	$1.7M	$954K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09640	+0.070%	$64K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2689%	1h	0.09645	+0.117%	$548K	$968K	10x	as long as short