XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0715%/8h= −78.3% APRnext payment −$0.89 per $10,000 · paid last 24h −0.158%

Price spread now: GMX against SoDEX+0.075%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 GMX

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. GMX is 0.075% dearer against SoDEX than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XPL-USD	0.09670	0.0100	pay 0.0013% / 1h	1m 17s	$199	$12K	10x
Short	GMX XPL/USD [WBTC.b-USDC]	0.09677	L −0.0313% / S +0.0615%	pay 0.0077% / 1h	1m 17s	$107K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$150.21
Price spread: +0.075% → 0.000%: $7.55
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$162.66
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; GMX: 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 GMX no order-book sample	—	—	—	—	—

SoDEX and GMX: 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
GMX XPL/USD [WBTC.b-USDC]short	L −0.0313% / S +0.0615%	1h	0.09677	+0.075%	$107K	—	100x
Deribit XPL_USDC-PERPETUAL	−0.0266%	1h	0.09678	+0.083%	$46K	$18K	25x	as long as short
01 Exchange XPLUSD	−0.0256%	1h	0.09667	−0.031%	$562	$708	5x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09688	+0.187%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.706%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09678	+0.083%	$73K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0006%	4h	0.09674	+0.041%	$29K	$284K	10x	as long as short
Lighter XPL	+0.0056%	1h	0.09670	0.000%	$4.4M	$3.0M	10x	as long as short
Paradex XPL-USD-PERP	+0.0058%	8h	0.09678	+0.080%	$13K	$696	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09671	+0.013%	$1.2M	$2.2M	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	0.09689	+0.198%	$61.3M	$46.3M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09685	+0.154%	$255K	$426K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09686	+0.161%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09672	+0.021%	$43.8M	$98.4M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09674	+0.041%	$45.9M	$53.6M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09672	+0.021%	$8.0M	$48.7M	50x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09675	+0.052%	$3.1M	$3.4M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09675	+0.052%	$12.7M	$7.0M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09684	+0.145%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09685	+0.155%	$8.9M	$9.7M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09673	+0.031%	—	$7.8M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09678	+0.083%	$176K	$189K	10x	as long as short
Variational Omni XPL	+0.0100%	4h	0.09685	+0.153%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09681	+0.115%	$256K	$1.2M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09680	+0.103%	$25K	$77K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09681	+0.116%	$127K	$1.8M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09650	−0.207%	$2K	$1.7M	20x	as long as short
SoDEX XPL-USDlong	+0.0100%	1h	0.09670	long leg	$199	$12K	10x
HTX XPL-USDT	+0.0100%	4h	0.09681	+0.114%	$138K	$187K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09676	+0.062%	$141K	$0	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09672	+0.016%	$609K	$1.2M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09675	+0.052%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09691	+0.217%	$196K	$536K	10x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09670	0.000%	$1.7M	$942K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0592%	1h	0.09718	+0.496%	$66K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2862%	1h	0.09716	+0.471%	$552K	$953K	10x	as long as short