XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.4959%/8h= −543.0% APRnext payment −$6.20 per $10,000 · paid last 24h −0.392%

Price spread now: ApeX Omni against Kraken Futures+0.563%75s7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. ApeX Omni is 0.563% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.563% now, against zero (this spread has no 7-day history yet)): +$56 on $10k if it goes back. Holding the pair costs −$149 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.110% in total) that is about 36 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XPLUSD	0.09835	0.5059	pay 0.0632% / 1h	2m 13s	$569K	$1.0M	10x
Short	ApeX Omni XPLUSDT	0.09890	0.0100	get 0.0013% / 1h	2m 13s	$26K	$89K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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 Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.563%Rate

Funding earned: −$1,041.29
Price spread: +0.563% → 0.000%: $56.3
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$1,004.99
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 1 min ago; ApeX Omni: 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 Kraken Futures live order book, 1 min ago	18.76 bp	72.2 bp −$72	1138.7 bp −$11.4K	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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
Deribit XPL_USDC-PERPETUAL	−0.0363%	1h	0.09789	−0.464%	$47K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0200%	1h	0.09786	−0.494%	$569	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0178% / S +0.0550%	1h	0.09797	−0.383%	$113K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09804	−0.313%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−23.021%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09797	−0.380%	$59K	—	150x	as long as short
Lighter XPL	+0.0008%	1h	0.09780	−0.555%	$4.4M	$4.2M	10x	as long as short
Orderly PERP_XPL_USDC	+0.0015%	4h	0.09788	−0.474%	$29K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0050%	8h	0.09789	−0.462%	$13K	$2K	5x	as long as short
OKX XPL-USDT-SWAP	+0.0059%	4h	0.09776	−0.596%	$8.7M	$55.4M	50x	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	0.09786	−0.489%	$1.3M	$2.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09797	−0.386%	$258K	$539K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09813	−0.221%	$223K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09779	−0.566%	$44.8M	$108.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09779	−0.566%	$47.6M	$56.2M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09909	+0.757%	$144K	$2K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09780	−0.555%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09781	−0.545%	$13.0M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09786	−0.494%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09787	−0.484%	$8.8M	$11.2M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09779	−0.566%	—	$8.0M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09783	−0.525%	$184K	$237K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09881	+0.468%	$1.8M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09890	+0.560%	$262K	$844K	10x	as long as short
ApeX Omni XPLUSDTshort	+0.0100%	1h	0.09890	+0.563%	$26K	$89K	50x
Polymarket Perps XPL-USD	+0.0100%	1h	0.09796	−0.391%	$131K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09760	−0.759%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09780	−0.555%	$492	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09895	+0.614%	$143K	$243K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09786	−0.489%	$666K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09785	−0.500%	$29K	$18K	3x	as long as short
Hyperliquid XPL	+0.0151%	1h	0.09795	−0.401%	$63.5M	$47.1M	10x	as long as short
Phoenix XPL	+0.0163%	1h	0.09897	+0.634%	$200K	$655K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09821	−0.139%	$1.8M	$1.1M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0376%	1h	0.09980	+1.478%	$74K	$97K	50x	as long as short
Kraken Futures PF_XPLUSDlong	+0.5059%	1h	0.09835	long leg	$569K	$1.0M	10x