XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SoDEX+0.127%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.127% dearer against SoDEX than usual: you sell high and buy low (spread +0.127% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XPL-USD	0.09730	0.0100	pay 0.0013% / 1h	40m 11s	$198	$10K	10x
Short	gTrade (Gains Network) XPL/USD	0.09742	L +0.0005% / S −0.0003%	get 0.0000% / 1h	40m 11s	$77K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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 SoDEXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.127%Rate

Funding earned: −$20.28
Price spread: +0.127% → 0.000%: $12.68
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$25.6
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

SoDEX and gTrade (Gains Network): 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	−0.0680%	1h	0.09722	−0.082%	$4.4M	$4.1M	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0468%	1h	0.09736	+0.062%	$47K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0352%	1h	0.09727	−0.031%	$566	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0130% / S +0.0518%	1h	0.09742	+0.122%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09753	+0.239%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−22.195%	—	—	—	as long as short
gTrade (Gains Network) XPL/USDshort	L +0.0005% / S −0.0003%	1h	0.09742	+0.127%	$77K	—	150x
Paradex XPL-USD-PERP	+0.0035%	8h	0.09736	+0.064%	$13K	$2K	5x	as long as short
Orderly PERP_XPL_USDC	+0.0059%	4h	0.09732	+0.021%	$29K	$335K	10x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09738	+0.087%	$1.4M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XPL	+0.0100%	1h	0.09750	+0.210%	$63.1M	$48.0M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09744	+0.141%	$253K	$527K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09751	+0.216%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09733	+0.031%	$44.2M	$107.9M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09735	+0.051%	$47.6M	$55.2M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09732	+0.021%	$8.8M	$54.3M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09740	+0.104%	$142K	$9K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09732	+0.021%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09734	+0.041%	$12.7M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09734	+0.041%	$2.4M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09743	+0.134%	$8.7M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09736	+0.062%	—	$7.9M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09739	+0.092%	$180K	$281K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09752	+0.229%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09772	+0.432%	$262K	$806K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09790	+0.617%	$25K	$88K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09745	+0.156%	$130K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09720	−0.103%	$3K	$2.0M	20x	as long as short
SoDEX XPL-USDlong	+0.0100%	1h	0.09730	long leg	$198	$10K	10x
HTX XPL-USDT	+0.0100%	4h	0.09750	+0.206%	$138K	$241K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09732	+0.018%	$656K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09739	+0.090%	$38K	$5K	3x	as long as short
Phoenix XPL	+0.0327%	1h	0.09768	+0.391%	$198K	$651K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09742	+0.123%	$1.8M	$1.2M	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0568%	1h	0.09825	+0.976%	$72K	$97K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.5094%	1h	0.09799	+0.713%	$565K	$1.0M	10x	as long as short