XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0385%/8h= −42.2% APRnext payment −$0.48 per $10,000 · paid last 24h −0.078%

Price spread now: Deribit against Pacifica−0.021%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Deribit is 0.021% cheaper against Pacifica than usual: you would sell low and buy high (−$2 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	Pacifica XPL	0.09340	0.0100	pay 0.0013% / 1h	10m 25s	$208K	$49K	10x
Short	Deribit XPL_USDC-PERPETUAL	0.09338	−0.0285	pay 0.0036% / 1h	10m 25s	$47K	$14K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Pacifica. 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 PacificabpFee DeribitbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$80.88
Price spread: −0.021% → 0.000%: −$2.14
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$98.02
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 31 min ago; Deribit: 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 Pacifica live order book, 31 min ago	10.63 bp	17.2 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 exchanges

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
GMX XPL/USD [WBTC.b-USDC]	L −0.0572% / S +0.0767%	1h	0.09341	+0.010%	$103K	—	100x	as long as short
01 Exchange XPLUSD	−0.0472%	1h	0.09331	−0.096%	$543	$832	5x	as long as short
Bybit XPLUSDT	−0.0460%	4h	0.09333	−0.075%	$43.3M	$50.4M	75x	as long as short
Deribit XPL_USDC-PERPETUALshort	−0.0285%	1h	0.09338	−0.021%	$47K	$14K	25x
Lighter XPL	−0.0256%	1h	0.09331	−0.096%	$4.2M	$2.5M	10x	as long as short
Polymarket Perps XPL-USD	−0.0155%	1h	0.09337	−0.032%	$35K	$925K	10x	as long as short
Orderly PERP_XPL_USDC	−0.0155%	4h	0.09336	−0.043%	$29K	$89K	10x	as long as short
Paradex XPL-USD-PERP	−0.0073%	8h	0.09333	−0.073%	$12K	$696	5x	as long as short
MEXC XPL_USDT	−0.0050%	4h	0.09336	−0.043%	$12.3M	$6.7M	100x	as long as short
Binance XPLUSDT	−0.0049%	4h	0.09336	−0.043%	$43.0M	$87.2M	75x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XPL-USD	0.0000%	1h	0.09343	+0.030%	$9K	$1K	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−18.944%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09342	+0.025%	$70K	—	150x	as long as short
OKX XPL-USDT-SWAP	+0.0028%	4h	0.09339	−0.011%	$7.2M	$42.1M	50x	as long as short
Gate XPL_USDT	+0.0036%	4h	0.09344	+0.043%	$2.8M	$2.7M	75x	as long as short
Nado XPL-PERP	+0.0053%	1h	0.09336	−0.037%	$983K	$2.3M	10x	as long as short
Extended XPL-USD	+0.0072%	1h	0.09332	−0.088%	$596K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0072%	1h	0.09335	−0.054%	$28K	$18K	3x	as long as short
Aster XPLUSDT	+0.0087%	4h	0.09345	+0.059%	$241K	$335K	20x	as long as short
Pacifica XPLlong	+0.0100%	1h	0.09340	long leg	$208K	$49K	10x
Bulk XPL-USD	+0.0100%	1h	0.09350	+0.102%	$136K	$5K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09337	−0.032%	$2.2M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09347	+0.075%	$8.8M	$8.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09334	−0.064%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09337	−0.032%	$179K	$154K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09327	−0.140%	$1.8M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09342	+0.017%	$250K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09360	+0.214%	$24K	$56K	50x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09320	−0.214%	$2K	$1.3M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09340	0.000%	$101	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09340	0.000%	$131K	$165K	20x	as long as short
Hyperliquid XPL	+0.0143%	1h	0.09356	+0.167%	$59.9M	$39.2M	10x	as long as short
Phoenix XPL	+0.0170%	1h	0.09367	+0.289%	$190K	$435K	10x	as long as short
BloFin XPL-USDT	+0.0189%	4h	0.09336	−0.043%	$1.7M	$768K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0608%	1h	0.09455	+1.231%	$63K	$83K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.1199%	1h	0.09367	+0.289%	$553K	$974K	10x	as long as short