XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Variational Omni+0.025%7-day average −0.014% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.025%, 7d avg −0.014%

Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.039% dearer against Variational Omni than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.014%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPL	0.09613	0.0100	pay 0.0050% / 4h	3h 12m	$1.7M	$1.9M	—
Short	Binance XPLUSDT	0.09615	0.0089	get 0.0044% / 4h	3h 12m	$43.9M	$98.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.025%Rate

Funding earned: −$2.31
Price spread: +0.025% → −0.014%: $3.91
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$8.4
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 15 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 Variational Omni RFQ quote, 1 min ago	4.16 bp	doesn't fit	60.4 bp −$604	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.53 bp	12.4 bp −$12	29.6 bp −$296	109.2 bp −$10.9K	doesn't fit

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	−0.1112%	1h	0.09605	−0.079%	$4.4M	$3.2M	10x	as long as short
Bybit XPLUSDT	−0.0482%	4h	0.09614	+0.015%	$45.5M	$54.1M	75x	as long as short
01 Exchange XPLUSD	−0.0424%	1h	0.09601	−0.121%	$558	$873	5x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0374%	1h	0.09611	−0.017%	$46K	$16K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0311% / S +0.0615%	1h	0.09617	+0.048%	$106K	—	100x	as long as short
Paradex XPL-USD-PERP	−0.0123%	8h	0.09615	+0.022%	$12K	$696	5x	as long as short
OKX XPL-USDT-SWAP	−0.0069%	4h	0.09612	−0.006%	$7.6M	$47.9M	50x	as long as short
Orderly PERP_XPL_USDC	−0.0034%	4h	0.09606	−0.069%	$30K	$235K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09620	+0.073%	$9K	$600	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.241%	—	—	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09617	+0.051%	$73K	—	150x	as long as short
Extended XPL-USD	+0.0016%	1h	0.09610	−0.024%	$607K	$1.2M	25x	as long as short
Gate XPL_USDT	+0.0048%	4h	0.09615	+0.025%	$2.9M	$3.3M	75x	as long as short
Binance XPLUSDTshort	+0.0089%	4h	0.09615	+0.025%	$43.9M	$98.3M	75x
MEXC XPL_USDT	+0.0090%	4h	0.09614	+0.015%	$13.2M	$6.6M	100x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09609	−0.043%	$1.3M	$2.2M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09634	+0.218%	$61.0M	$45.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09624	+0.120%	$255K	$398K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09625	+0.134%	$220K	$47K	10x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09611	−0.017%	$2.3M	$1.3M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09628	+0.160%	$9.2M	$10.0M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09613	+0.004%	—	$7.7M	—	as long as short
Backpack XPL_USDC_PERP	+0.0100%	1h	0.09620	+0.077%	$183K	$179K	10x	as long as short
Variational Omni XPLlong	+0.0100%	4h	0.09613	long leg	$1.7M	$1.9M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09608	−0.049%	$257K	$1.3M	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09620	+0.077%	$25K	$73K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09621	+0.087%	$126K	$1.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09590	−0.235%	$3K	$1.6M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09610	−0.027%	$189	$9K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09606	−0.069%	$133K	$214K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09570	−0.443%	$139K	$0	10x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09611	−0.017%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0251%	1h	0.09627	+0.150%	$195K	$494K	10x	as long as short
BloFin XPL-USDT	+0.0330%	4h	0.09607	−0.058%	$1.7M	$954K	75x	as long as short
Coinbase International XPL-PERP-INTX	+0.0536%	1h	0.09640	+0.285%	$64K	$92K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.2689%	1h	0.09645	+0.332%	$548K	$968K	10x	as long as short