XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Variational Omni−0.024%56s7-day average +0.008% · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.233%+$23 on $10k

Price spread, last 3 days (all we have)−0.008%−$1 · spread now −0.024%, 7d avg +0.008%

Together, before fees+0.224%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$7 a day). The two prices were read 56 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	Variational Omni XPL	0.09693	0.0100	pay 0.0050% / 4h	1h 26m	$1.7M	$1.9M	—
Short	BloFin XPL-USDT	0.09691	0.0340	get 0.0170% / 4h	1h 26m	$1.7M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpOrdersPrice spread, now −0.024%Rate

Funding earned: $50.4
Price spread: −0.024% → +0.008%: −$3.19
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $35.21
Costs to cover: 0.120%
Break-even: 2.1 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BloFin: live order book, 2 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, 3 min ago	4.12 bp	doesn't fit	63.9 bp −$639	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	1.55 bp	14.3 bp −$14	23.5 bp −$235	79.1 bp −$7,913	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
Backpack XPL_USDC_PERP	−0.0363%	1h	0.09700	+0.069%	$176K	$281K	10x	as long as short
Deribit XPL_USDC-PERPETUAL	−0.0266%	1h	0.09689	−0.044%	$46K	$18K	25x	as long as short
Lighter XPL	−0.0224%	1h	0.09682	−0.116%	$4.4M	$4.1M	10x	as long as short
01 Exchange XPLUSD	−0.0216%	1h	0.09680	−0.137%	$563	$708	5x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0108% / S +0.0504%	1h	0.09693	−0.007%	$112K	—	100x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09696	+0.032%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07570	−21.901%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0004%	1h	0.09694	+0.003%	$71K	—	150x	as long as short
Orderly PERP_XPL_USDC	+0.0073%	4h	0.09686	−0.075%	$29K	$335K	10x	as long as short
Paradex XPL-USD-PERP	+0.0082%	8h	0.09684	−0.096%	$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	−0.086%	$1.4M	$2.6M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09702	+0.088%	$62.7M	$47.7M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09694	+0.007%	$251K	$526K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09695	+0.018%	$221K	$46K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09687	−0.061%	$43.7M	$106.5M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09694	+0.007%	$47.0M	$54.2M	75x	as long as short
OKX XPL-USDT-SWAP	+0.0100%	4h	0.09691	−0.024%	$8.8M	$53.5M	50x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09688	−0.053%	$141K	$10K	10x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09684	−0.096%	$3.0M	$4.0M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09690	−0.034%	$12.6M	$7.6M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09680	−0.137%	$2.4M	$1.4M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09705	+0.121%	$8.6M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09687	−0.065%	—	$7.9M	—	as long as short
Variational Omni XPLlong	+0.0100%	4h	0.09693	long leg	$1.7M	$1.9M	—
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09720	+0.276%	$259K	$787K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09730	+0.379%	$25K	$87K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09697	+0.034%	$129K	$2.7M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09670	−0.240%	$2K	$2.0M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09680	−0.137%	$445	$10K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09713	+0.203%	$138K	$246K	20x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09684	−0.100%	$657K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09690	−0.037%	$38K	$5K	3x	as long as short
BloFin XPL-USDTshort	+0.0340%	4h	0.09691	−0.024%	$1.7M	$1.2M	75x
Phoenix XPL	+0.0412%	1h	0.09712	+0.193%	$197K	$652K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0792%	1h	0.09760	+0.688%	$72K	$104K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.4609%	1h	0.09739	+0.475%	$559K	$989K	10x	as long as short