XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.016%

Price spread now: Orderly against SunX+0.165%7-day average +0.129% · you sell dearer than you buy

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

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.165%, 7d avg +0.129%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.037% dearer against SunX than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of +0.129%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.223% in total) that is about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPL-USDT	0.09670	0.0100	pay 0.0050% / 4h	1h 25m	$2K	$2.0M	20x
Short	Orderly PERP_XPL_USDC	0.09686	0.0073	get 0.0036% / 4h	1h 25m	$29K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now +0.165%Rate

Funding earned: −$5.75
Price spread: +0.165% → +0.129%: $3.67
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$16.08
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, just now; Orderly: 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 SunX live order book, just now	35.92 bp	152.1 bp −$152	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Backpack XPL_USDC_PERP	−0.0366%	1h	0.09698	+0.290%	$176K	$281K	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0266%	1h	0.09689	+0.196%	$46K	$18K	25x	as long as short
Lighter XPL	−0.0224%	1h	0.09739	+0.714%	$4.4M	$4.1M	10x	as long as short
01 Exchange XPLUSD	−0.0216%	1h	0.09680	+0.103%	$563	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0108% / S +0.0504%	1h	0.09693	+0.234%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09763	+0.963%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−21.713%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09694	+0.244%	$71K	—	150x	as long as short
Orderly PERP_XPL_USDCshort	+0.0073%	4h	0.09686	+0.165%	$29K	$335K	10x
Paradex XPL-USD-PERP	+0.0082%	8h	0.09748	+0.807%	$13K	$2K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XPL-PERP	+0.0100%	1h	0.09685	+0.155%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09767	+1.002%	$63.1M	$47.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09754	+0.867%	$252K	$526K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09766	+0.994%	$222K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09765	+0.982%	$44.0M	$106.7M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09770	+1.034%	$48.0M	$54.8M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09765	+0.982%	$8.9M	$54.0M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09688	+0.188%	$141K	$10K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09764	+0.972%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09762	+0.951%	$12.7M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09752	+0.848%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09770	+1.034%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09760	+0.931%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09693	+0.241%	$1.7M	$1.9M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09720	+0.518%	$259K	$787K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09730	+0.620%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09697	+0.275%	$129K	$2.7M	10x	as long as short
SunX XPL-USDTlong	+0.0100%	4h	0.09670	long leg	$2K	$2.0M	20x
SoDEX XPL-USD	+0.0100%	1h	0.09680	+0.103%	$445	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09713	+0.445%	$138K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09763	+0.959%	$660K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09690	+0.204%	$38K	$5K	3x	as long as short
BloFin XPL-USDT	+0.0340%	4h	0.09691	+0.217%	$1.7M	$1.2M	75x	as long as short
Phoenix XPL	+0.0412%	1h	0.09712	+0.434%	$197K	$652K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0792%	1h	0.09760	+0.931%	$72K	$104K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4609%	1h	0.09739	+0.717%	$559K	$989K	10x	as long as short