XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.119%

Price spread now: SoDEX against Lighter0.000%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on SoDEX

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XPL	0.09680	0.0056	pay 0.0007% / 1h	1m 52s	$4.4M	$3.0M	10x
Short	SoDEX XPL-USD	0.09680	0.0100	get 0.0013% / 1h	1m 52s	$203	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $9.24
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $1.24
Costs to cover: 0.080%
Break-even: 6.1 days

Slippage unknown: Lighter: live order book, 6 min ago; SoDEX: 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 Lighter live order book, 6 min ago	2.07 bp	24.0 bp −$24	45.1 bp −$451	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0369%	1h	0.09685	+0.052%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09690	+0.107%	$107K	—	100x	as long as short
01 Exchange XPLUSD	−0.0248%	1h	0.09678	−0.021%	$563	$708	5x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09688	+0.083%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.789%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09690	+0.103%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0007%	4h	0.09683	+0.031%	$29K	$287K	10x	as long as short
Lighter XPLlong	+0.0056%	1h	0.09680	long leg	$4.4M	$3.0M	10x
Paradex XPL-USD-PERP	+0.0060%	8h	0.09677	−0.034%	$13K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09680	0.000%	$1.2M	$2.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09704	+0.248%	$61.4M	$46.3M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09693	+0.130%	$255K	$426K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09686	+0.066%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09682	+0.018%	$43.9M	$98.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09680	0.000%	$45.9M	$53.7M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09681	+0.010%	$8.0M	$48.8M	50x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09688	+0.083%	$3.1M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09683	+0.031%	$12.8M	$7.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09686	+0.062%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09696	+0.165%	$9.0M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09680	0.000%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09690	+0.103%	$176K	$189K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09685	+0.050%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09679	−0.005%	$260K	$1.2M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09680	0.000%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09693	+0.133%	$127K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09660	−0.207%	$3K	$1.7M	20x	as long as short
SoDEX XPL-USDshort	+0.0100%	1h	0.09680	0.000%	$203	$12K	10x
HTX XPL-USDT	+0.0100%	4h	0.09681	+0.010%	$138K	$187K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09676	−0.041%	$141K	$0	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09681	+0.007%	$609K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09684	+0.038%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09695	+0.155%	$196K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09681	+0.010%	$1.7M	$943K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09718	+0.393%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2860%	1h	0.09719	+0.407%	$552K	$953K	10x	as long as short