XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.3296%/8h= −360.9% APRnext payment −$4.12 per $10,000 · paid last 24h −0.547%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.400%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$99 a day on $10k at the current rate, and gTrade (Gains Network) is 0.400% cheaper against Kraken Futures than usual: you would sell low and buy high (−$40 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	Kraken Futures PF_XPLUSD	0.09668	0.3300	pay 0.0412% / 1h	14m 04s	$548K	$975K	10x
Short	gTrade (Gains Network) XPL/USD	0.09629	L +0.0005% / S −0.0004%	get 0.0000% / 1h	14m 04s	$73K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.400%Rate

Funding earned: −$692.11
Price spread: −0.400% → 0.000%: −$39.96
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$752.07
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 39 min ago; gTrade (Gains Network): 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, 39 min ago	29.70 bp	36.0 bp −$36	379.0 bp −$3,790	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
01 Exchange XPLUSD	−0.0360%	1h	0.09620	−0.493%	$559	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0318% / S +0.0619%	1h	0.09628	−0.406%	$106K	—	100x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0165%	1h	0.09624	−0.451%	$46K	$18K	25x	as long as short
Bybit XPLUSDT	−0.0090%	4h	0.09620	−0.493%	$45.5M	$54.7M	75x	as long as short
Backpack XPL_USDC_PERP	−0.0064%	1h	0.09630	−0.389%	$178K	$223K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09631	−0.382%	$9K	$585	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.689%	—	—	—	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0004%	1h	0.09629	−0.400%	$73K	—	150x
Orderly PERP_XPL_USDC	+0.0017%	4h	0.09621	−0.482%	$29K	$339K	10x	as long as short
Paradex XPL-USD-PERP	+0.0081%	8h	0.09630	−0.387%	$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
Gate XPL_USDT	+0.0094%	4h	0.09627	−0.420%	$3.0M	$3.6M	75x	as long as short
Lighter XPL	+0.0096%	1h	0.09616	−0.534%	$4.4M	$3.3M	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09631	−0.379%	$1.2M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09638	−0.303%	$60.8M	$46.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09636	−0.326%	$251K	$469K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09635	−0.336%	$220K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09621	−0.481%	$43.7M	$103.0M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09624	−0.451%	$8.3M	$49.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09625	−0.441%	$140K	$5K	10x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09622	−0.472%	$12.3M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09621	−0.482%	$2.3M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09632	−0.368%	$8.7M	$10.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09622	−0.472%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09622	−0.474%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09631	−0.376%	$267K	$997K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09640	−0.286%	$25K	$78K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09636	−0.325%	$124K	$2.0M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09610	−0.596%	$3K	$1.8M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09620	−0.493%	$197	$12K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09629	−0.400%	$141K	$206K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09622	−0.473%	$653K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09625	−0.441%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0334%	1h	0.09627	−0.420%	$195K	$617K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09629	−0.400%	$1.7M	$984K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0616%	1h	0.09676	+0.087%	$75K	$87K	50x	as long as short
Kraken Futures PF_XPLUSDlong	+0.3300%	1h	0.09668	long leg	$548K	$975K	10x