XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Pacifica−0.106%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$680.678% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.106%, 7d avg −0.078%

Together, before fees−0.028%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.028% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XPL	0.09542	0.0100	pay 0.0013% / 1h	55m 40s	$218K	$46K	10x
Short	Extended XPL-USD	0.09532	0.0104	get 0.0013% / 1h	55m 40s	$595K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.106%Rate

Funding earned: $0.84
Price spread: −0.106% → −0.078%: −$2.77
Slippage, 4 orders: −$54.8
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$69.73
Costs to cover: 0.678%
Break-even: 588.1 days

Slippage from Pacifica: live order book, 42 min ago; Extended: live order book, 3 min ago.

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, 42 min ago	10.47 bp	27.4 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.52 bp	10.3 bp −$10	24.0 bp −$240	doesn't fit	doesn't fit

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
Lighter XPL	−0.1304%	1h	0.09522	−0.213%	$4.3M	$3.1M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0377%	1h	0.09563	+0.217%	$46K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0376%	1h	0.09527	−0.160%	$554	$873	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0234% / S +0.0570%	1h	0.09567	+0.258%	$106K	—	100x	as long as short
Bybit XPLUSDT	−0.0104%	4h	0.09533	−0.097%	$45.4M	$53.9M	75x	as long as short
Paradex XPL-USD-PERP	−0.0063%	8h	0.09537	−0.058%	$12K	$696	5x	as long as short
Orderly PERP_XPL_USDC	−0.0026%	4h	0.09560	+0.185%	$30K	$277K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09579	+0.380%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.661%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09568	+0.265%	$72K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX XPL-USDT-SWAP	+0.0007%	4h	0.09537	−0.056%	$7.6M	$47.5M	50x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09559	+0.178%	$1.3M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09552	+0.106%	$60.4M	$46.1M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09543	+0.003%	$252K	$404K	20x	as long as short
Pacifica XPLlong	+0.0100%	1h	0.09542	long leg	$218K	$46K	10x
Binance XPLUSDT	+0.0100%	4h	0.09535	−0.077%	$43.2M	$97.7M	75x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09555	+0.133%	$139K	$0	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09533	−0.097%	$2.9M	$3.3M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09534	−0.087%	$12.4M	$6.5M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09540	−0.024%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09545	+0.028%	$9.0M	$9.8M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09534	−0.087%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09555	+0.133%	$179K	$180K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09555	+0.132%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09556	+0.149%	$256K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09560	+0.185%	$25K	$75K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09575	+0.343%	$125K	$1.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09540	−0.024%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09560	+0.185%	$188	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09551	+0.091%	$132K	$210K	20x	as long as short
Extended XPL-USDshort	+0.0104%	1h	0.09532	−0.106%	$595K	$1.1M	25x
Aevo XPL-PERP	+0.0104%	1h	0.09560	+0.185%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0249%	1h	0.09574	+0.332%	$194K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09580	+0.395%	$1.7M	$932K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09596	+0.563%	$64K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2703%	1h	0.09595	+0.555%	$544K	$942K	10x	as long as short