Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —
Price spread now: BingX against Reya+26.076%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 26.076% dearer against Reya than usual: you sell high and buy low: +$2,608 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XPLRUSDPERP | 0.07571 | 0 | get 0.0000% / 1h | 30m 37s | — | — | — |
| Short | BingX XPL-USDT | 0.09545 | 0.0100 | get 0.0050% / 4h | 2h 30m | — | $7.8M | — |
Reya XPLRUSDPERP
BingX XPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Reya. 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: +26.076% → 0.000%
- $2,607.56
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $2,612.56
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; BingX: live order book, 7 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 5.75 bp | 16.6 bp −$17 | 32.8 bp −$328 | 88.4 bp −$8,837 | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit XPL_USDC-PERPETUAL | −0.0274% | 1h | 0.09531 | +25.891% | $46K | $18K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0234% / S +0.0570% | 1h | 0.09535 | +25.940% | $105K | — | 100x | as long as short |
| 01 Exchange XPLUSD | −0.0224% | 1h | 0.09544 | +26.062% | $555 | $708 | 5x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09549 | +26.128% | $9K | $600 | 5x | as long as short |
| Reya XPLRUSDPERPlong | 0.0000% | 1h | 0.07571 | long leg | — | — | — | |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0004% | 1h | 0.09535 | +25.948% | $72K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.0015% | 4h | 0.09528 | +25.851% | $29K | $320K | 10x | as long as short |
| Lighter XPL | +0.0032% | 1h | 0.09536 | +25.957% | $4.3M | $3.0M | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.0067% | 8h | 0.09542 | +26.036% | $12K | $696 | 5x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09532 | +25.911% | $1.2M | $2.4M | 10x | as long as short |
Deribit XPL_USDC-PERPETUAL
GMX XPL/USD [WBTC.b-USDC]
01 Exchange XPLUSD
dYdX XPL-USD
gTrade (Gains Network) XPL/USD
Orderly PERP_XPL_USDC
Lighter XPL
Paradex XPL-USD-PERP
Nado XPL-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XPL | +0.0100% | 1h | 0.09556 | +26.222% | $60.4M | $46.5M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09550 | +26.142% | $251K | $429K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09549 | +26.126% | $218K | $47K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09547 | +26.098% | $43.3M | $100.2M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09542 | +26.036% | $45.2M | $54.2M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.0100% | 4h | 0.09543 | +26.049% | $8.1M | $48.1M | 50x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09542 | +26.036% | $3.0M | $3.4M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09544 | +26.062% | $12.3M | $6.9M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09540 | +26.010% | $2.3M | $1.4M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09552 | +26.168% | $9.1M | $9.7M | 75x | as long as short |
| BingX XPL-USDTshort | +0.0100% | 4h | 0.09545 | +26.076% | — | $7.8M | — | |
| Backpack XPL_USDC_PERP | +0.0100% | 1h | 0.09540 | +26.010% | $173K | $190K | 10x | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09525 | +25.812% | $1.7M | $1.9M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09546 | +26.084% | $262K | $1.1M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09540 | +26.010% | $25K | $77K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09541 | +26.016% | $125K | $2.0M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09510 | +25.613% | $3K | $1.7M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09530 | +25.878% | $201 | $12K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09555 | +26.208% | $139K | $186K | 20x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09540 | +26.010% | $139K | $0 | 10x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09541 | +26.022% | $601K | $1.2M | 25x | as long as short |
| Aevo XPL-PERP | +0.0104% | 1h | 0.09536 | +25.951% | $28K | $18K | 3x | as long as short |
| Phoenix XPL | +0.0251% | 1h | 0.09544 | +26.062% | $193K | $536K | 10x | as long as short |
| BloFin XPL-USDT | +0.0340% | 4h | 0.09533 | +25.917% | $1.7M | $941K | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0592% | 1h | 0.09581 | +26.551% | $67K | $89K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.2906% | 1h | 0.09566 | +26.355% | $544K | $989K | 10x | as long as short |
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
OKX XPL-USDT-SWAP
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
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
Extended XPL-USD
Aevo XPL-PERP
Phoenix XPL
BloFin XPL-USDT
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD