Funding you earn now, next payment 03:00 UTC−0.0234%/8h= −25.6% APRnext payment −$0.29 per $10,000 · paid last 24h −0.067%
Price spread now: ApeX Omni against Phoenix−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.413%−$41 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.042% cheaper against Phoenix than usual: you would sell low and buy high (−$4 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 | Phoenix XPL | 0.09624 | 0.0334 | pay 0.0042% / 1h | 19m 13s | $195K | $617K | 10x |
| Short | ApeX Omni XPLUSDT | 0.09620 | 0.0100 | get 0.0013% / 1h | 19m 13s | $25K | $78K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$49.12
- Price spread: −0.042% → 0.000%
- −$4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$70.28
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 38 min ago; ApeX Omni: 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 Phoenix live order book, 38 min ago | 1.05 bp | 15.0 bp −$15 | 56.1 bp −$561 | doesn't fit | doesn't fit |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
ApeX Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XPLUSD | −0.0368% | 1h | 0.09609 | −0.156% | $559 | $708 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0314% / S +0.0616% | 1h | 0.09612 | −0.126% | $106K | — | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.0166% | 1h | 0.09609 | −0.156% | $46K | $18K | 25x | as long as short |
| Bybit XPLUSDT | −0.0092% | 4h | 0.09601 | −0.239% | $45.5M | $54.7M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.0041% | 1h | 0.09608 | −0.166% | $177K | $223K | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09620 | −0.040% | $9K | $585 | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −21.335% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09613 | −0.119% | $72K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0014% | 4h | 0.09604 | −0.208% | $29K | $339K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0081% | 8h | 0.09611 | −0.136% | $12K | $2K | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPL | +0.0096% | 1h | 0.09599 | −0.260% | $4.3M | $3.3M | 10x | as long as short |
| Gate XPL_USDT | +0.0098% | 4h | 0.09613 | −0.114% | $3.0M | $3.6M | 75x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09613 | −0.119% | $1.2M | $2.6M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09622 | −0.023% | $60.7M | $46.7M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09617 | −0.068% | $241K | $469K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09620 | −0.042% | $219K | $46K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09605 | −0.199% | $43.6M | $103.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09604 | −0.208% | $8.3M | $49.2M | 50x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09606 | −0.187% | $12.3M | $7.8M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09598 | −0.270% | $2.3M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09605 | −0.197% | $8.5M | $10.0M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09598 | −0.270% | — | $7.9M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09603 | −0.221% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09624 | +0.001% | $253K | $983K | 10x | as long as short |
| ApeX Omni XPLUSDTshort | +0.0100% | 1h | 0.09620 | −0.042% | $25K | $78K | 50x | |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09620 | −0.039% | $124K | $2.0M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09600 | −0.249% | $3K | $1.8M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09610 | −0.145% | $197 | $12K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09624 | 0.000% | $141K | $206K | 20x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09630 | +0.062% | $140K | $5K | 10x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09605 | −0.193% | $653K | $1.1M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09605 | −0.197% | $29K | $18K | 3x | as long as short |
| Phoenix XPLlong | +0.0334% | 1h | 0.09624 | long leg | $195K | $617K | 10x | |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09608 | −0.166% | $1.7M | $983K | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0616% | 1h | 0.09676 | +0.540% | $75K | $87K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.3305% | 1h | 0.09651 | +0.278% | $547K | $975K | 10x | as long as short |
Phoenix XPL
ApeX Omni XPLUSDT
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Deribit XPL_USDC-PERPETUAL
Bybit XPLUSDT
Backpack XPL_USDC_PERP
gTrade (Gains Network) XPL/USD
Paradex XPL-USD-PERP
Lighter XPL
Gate XPL_USDT
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
OKX XPL-USDT-SWAP
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Bulk XPL-USD
Extended XPL-USD
BloFin XPL-USDT
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD