XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.016%

Price spread now: Orderly against KuCoin−0.021%7-day average −0.065% · you buy dearer than you sell

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

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.021%, 7d avg −0.065%

Together, before fees−0.322%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.044% dearer against KuCoin than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.065%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 7 days (−0.223% in total) that is about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPLUSDTM	0.09707	0.0100	pay 0.0050% / 4h	1h 46m	$2.4M	$1.4M	50x
Short	Orderly PERP_XPL_USDC	0.09705	0.0079	get 0.0039% / 4h	1h 46m	$29K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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 KuCoinbpFee OrderlybpOrdersPrice spread, now −0.021%Rate

Funding earned: −$4.49
Price spread: −0.021% → −0.065%: $4.42
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18.07
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; Orderly: 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 KuCoin live order book, 5 min ago	11.35 bp	28.6 bp −$29	115.5 bp −$1,155	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Backpack XPL_USDC_PERP	−0.0343%	1h	0.09712	+0.052%	$177K	$281K	10x	as long as short
01 Exchange XPLUSD	−0.0200%	1h	0.09709	+0.021%	$564	$708	5x	as long as short
Lighter XPL	−0.0184%	1h	0.09695	−0.124%	$4.4M	$4.1M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0162%	1h	0.09709	+0.021%	$47K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0098% / S +0.0497%	1h	0.09711	+0.037%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09724	+0.175%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−22.009%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09710	+0.035%	$72K	—	150x	as long as short
Orderly PERP_XPL_USDCshort	+0.0079%	4h	0.09705	−0.021%	$29K	$335K	10x
Paradex XPL-USD-PERP	+0.0090%	8h	0.09716	+0.089%	$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
Nado XPL-PERP	+0.0100%	1h	0.09715	+0.088%	$1.4M	$2.7M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09723	+0.168%	$62.6M	$47.4M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09713	+0.061%	$251K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09722	+0.153%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09710	+0.031%	$43.6M	$105.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09717	+0.103%	$47.4M	$53.9M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09712	+0.052%	$8.9M	$53.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09695	−0.124%	$140K	$8K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09705	−0.021%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09718	+0.113%	$12.6M	$7.6M	100x	as long as short
KuCoin XPLUSDTMlong	+0.0100%	4h	0.09707	long leg	$2.4M	$1.4M	50x
Bitget XPLUSDT	+0.0100%	4h	0.09724	+0.175%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09708	+0.010%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09696	−0.117%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09706	−0.007%	$255K	$782K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09730	+0.237%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09727	+0.205%	$129K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09690	−0.175%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09700	−0.072%	$202	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09703	−0.041%	$138K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09716	+0.093%	$657K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09711	+0.045%	$38K	$5K	3x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09713	+0.062%	$1.7M	$1.2M	75x	as long as short
Phoenix XPL	+0.0412%	1h	0.09727	+0.206%	$197K	$652K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0792%	1h	0.09794	+0.896%	$74K	$103K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4607%	1h	0.09743	+0.372%	$513K	$952K	10x	as long as short