XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0524%/8h= −57.4% APRnext payment −$0.66 per $10,000 · paid last 24h −0.080%

Price spread now: 01 Exchange against Polymarket Perps−0.163%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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 −$16 a day on $10k at the current rate, and 01 Exchange is 0.163% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$16 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	Polymarket Perps XPL-USD	0.09513	0.0100	pay 0.0013% / 1h	27m 02s	$125K	$1.7M	10x
Short	01 Exchange XPLUSD	0.09498	−0.0424	pay 0.0053% / 1h	27m 02s	$552	$873	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Polymarket Perps. 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 Polymarket PerpsbpFee 01 ExchangebpOrdersPrice spread, now −0.163%Rate

Funding earned: −$110.04
Price spread: −0.163% → 0.000%: −$16.29
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$141.33
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 37 min ago; 01 Exchange: 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 Polymarket Perps live order book, 37 min ago	2.56 bp	7.4 bp −$7	8.0 bp −$80	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Lighter XPL	−0.1192%	1h	0.09491	−0.237%	$4.3M	$3.2M	10x	as long as short
Bybit XPLUSDT	−0.0478%	4h	0.09506	−0.079%	$45.1M	$54.3M	75x	as long as short
01 Exchange XPLUSDshort	−0.0424%	1h	0.09498	−0.163%	$552	$873	5x
Deribit XPL_USDC-PERPETUAL	−0.0381%	1h	0.09506	−0.079%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0313% / S +0.0615%	1h	0.09514	+0.003%	$105K	—	100x	as long as short
Gate XPL_USDT	−0.0126%	4h	0.09503	−0.110%	$2.9M	$3.3M	75x	as long as short
Paradex XPL-USD-PERP	−0.0117%	8h	0.09508	−0.054%	$12K	$696	5x	as long as short
Backpack XPL_USDC_PERP	−0.0062%	1h	0.09508	−0.058%	$178K	$180K	10x	as long as short
OKX XPL-USDT-SWAP	−0.0052%	4h	0.09504	−0.100%	$7.5M	$47.5M	50x	as long as short
Orderly PERP_XPL_USDC	−0.0031%	4h	0.09501	−0.131%	$30K	$246K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XPL-USD	0.0000%	1h	0.09519	+0.062%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−20.419%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09503	−0.113%	$72K	—	150x	as long as short
Extended XPL-USD	+0.0072%	1h	0.09503	−0.113%	$613K	$1.2M	25x	as long as short
Binance XPLUSDT	+0.0096%	4h	0.09509	−0.043%	$43.4M	$98.2M	75x	as long as short
MEXC XPL_USDT	+0.0096%	4h	0.09506	−0.079%	$12.6M	$6.5M	100x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09509	−0.047%	$1.2M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09519	+0.053%	$60.2M	$45.9M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09518	+0.049%	$252K	$402K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09515	+0.016%	$217K	$47K	10x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09479	−0.360%	$138K	$0	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09509	−0.047%	$2.3M	$1.2M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09512	−0.016%	$9.0M	$9.9M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09500	−0.142%	—	$7.7M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09478	−0.374%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09478	−0.377%	$253K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09490	−0.247%	$25K	$73K	50x	as long as short
Polymarket Perps XPL-USDlong	+0.0100%	1h	0.09513	long leg	$125K	$1.7M	10x
SunX XPL-USDT	+0.0100%	4h	0.09490	−0.247%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09500	−0.142%	$192	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09501	−0.131%	$132K	$214K	20x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09509	−0.043%	$28K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09498	−0.163%	$192K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0336%	4h	0.09498	−0.163%	$1.7M	$941K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09596	+0.867%	$64K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2721%	1h	0.09531	+0.189%	$541K	$957K	10x	as long as short