Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. dYdX is 0.032% dearer against Pacifica than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XPL | 0.09505 | 0.0100 | pay 0.0013% / 1h | 18m 50s | $218K | $45K | 10x |
| Short | dYdX XPL-USD | 0.09508 | 0 | get 0.0000% / 1h | 18m 50s | $9K | $600 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.032% → 0.000%
- $3.15
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$35.85
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 32 min ago; dYdX: 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, 32 min ago | 5.25 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPL | −0.0968% | 1h | 0.09489 | −0.169% | $4.3M | $3.1M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.0536% | 1h | 0.09488 | −0.180% | $552 | $873 | 5x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0381% | 1h | 0.09499 | −0.064% | $47K | $18K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0377% / S +0.0654% | 1h | 0.09506 | +0.004% | $105K | — | 100x | as long as short |
| Bybit XPLUSDT | −0.0303% | 4h | 0.09496 | −0.096% | $44.8M | $53.2M | 75x | as long as short |
| Extended XPL-USD | −0.0200% | 1h | 0.09492 | −0.134% | $601K | $1.2M | 25x | as long as short |
| Paradex XPL-USD-PERP | −0.0139% | 8h | 0.09493 | −0.128% | $12K | $696 | 5x | as long as short |
| OKX XPL-USDT-SWAP | −0.0098% | 4h | 0.09501 | −0.043% | $7.6M | $47.1M | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.0068% | 4h | 0.09495 | −0.106% | $30K | $195K | 10x | as long as short |
| Gate XPL_USDT | −0.0042% | 4h | 0.09497 | −0.085% | $2.9M | $3.4M | 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-USDshort | 0.0000% | 1h | 0.09508 | +0.032% | $9K | $600 | 5x | |
| MEXC XPL_USDT | 0.0000% | 4h | 0.09495 | −0.106% | $13.4M | $6.5M | 100x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −20.351% | — | — | — | as long as short |
| Binance XPLUSDT | +0.0001% | 4h | 0.09498 | −0.075% | $43.5M | $96.7M | 75x | as long as short |
| BloFin XPL-USDT | +0.0005% | 4h | 0.09492 | −0.138% | $1.7M | $804K | 75x | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09507 | +0.023% | $72K | — | 150x | as long as short |
| Aevo XPL-PERP | +0.0080% | 1h | 0.09492 | −0.137% | $28K | $18K | 3x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09498 | −0.075% | $1.2M | $2.2M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09516 | +0.116% | $60.3M | $42.9M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09505 | −0.001% | $253K | $379K | 20x | as long as short |
| Pacifica XPLlong | +0.0100% | 1h | 0.09505 | long leg | $218K | $45K | 10x | |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09506 | +0.009% | $2.4M | $1.3M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09507 | +0.020% | $8.9M | $10.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09499 | −0.064% | — | $7.7M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.0100% | 1h | 0.09503 | −0.022% | $179K | $172K | 10x | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09496 | −0.100% | $1.7M | $1.8M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09508 | +0.033% | $253K | $1.3M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09510 | +0.052% | $25K | $68K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09508 | +0.031% | $125K | $1.4M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09490 | −0.159% | $3K | $1.5M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09490 | −0.159% | $178 | $9K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09503 | −0.022% | $132K | $211K | 20x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09515 | +0.104% | $139K | $5K | 10x | as long as short |
| Phoenix XPL | +0.0166% | 1h | 0.09508 | +0.031% | $192K | $474K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0648% | 1h | 0.09736 | +2.429% | $65K | $95K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.1852% | 1h | 0.09524 | +0.199% | $542K | $984K | 10x | as long as short |
Pacifica XPL
Lighter XPL
01 Exchange XPLUSD
Deribit XPL_USDC-PERPETUAL
GMX XPL/USD [WBTC.b-USDC]
Bybit XPLUSDT
Extended XPL-USD
Paradex XPL-USD-PERP
OKX XPL-USDT-SWAP
Gate XPL_USDT
MEXC XPL_USDT
Binance XPLUSDT
BloFin XPL-USDT
gTrade (Gains Network) XPL/USD
Hyperliquid XPL
Aster XPLUSDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Backpack XPL_USDC_PERP
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Bulk XPL-USD
Phoenix XPL
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD