XPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h −0.096%

Price spread now: Lighter against 01 Exchange−0.052%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.052% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange XPLUSD	0.09613	−0.0432	get 0.0054% / 1h	57m 12s	$559	$708	5x
Short	Lighter XPL	0.09608	−0.0168	pay 0.0021% / 1h	57m 12s	$4.3M	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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 01 ExchangebpFee LighterbpOrdersPrice spread, now −0.052%Rate

Funding earned: $55.44
Price spread: −0.052% → 0.000%: −$5.2
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $43.24
Costs to cover: 0.070%
Break-even: 1.5 days

Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 5 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	3.62 bp	14.2 bp −$14	27.8 bp −$278	doesn't fit	doesn't fit

01 Exchange: 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 35 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	−0.0886%	1h	0.09620	+0.073%	$178K	$242K	10x	as long as short
01 Exchange XPLUSDlong	−0.0432%	1h	0.09613	long leg	$559	$708	5x
Deribit XPL_USDC-PERPETUAL	−0.0373%	1h	0.09617	+0.042%	$46K	$18K	25x	as long as short
GMX XPL/USD [WBTC.b-USDC]	L −0.0211% / S +0.0571%	1h	0.09627	+0.140%	$111K	—	100x	as long as short
Lighter XPLshort	−0.0168%	1h	0.09608	−0.052%	$4.3M	$4.2M	10x
Orderly PERP_XPL_USDC	−0.0001%	4h	0.09623	+0.104%	$29K	$335K	10x	as long as short
dYdX XPL-USD	0.0000%	1h	0.09623	+0.100%	$8K	—	5x	as long as short
Reya XPLRUSDPERP	0.0000%	1h	0.07571	−21.247%	—	—	—	as long as short
gTrade (Gains Network) XPL/USD	L +0.0005% / S −0.0003%	1h	0.09626	+0.135%	$59K	—	150x	as long as short
OKX XPL-USDT-SWAP	+0.0035%	4h	0.09620	+0.073%	$8.3M	$53.1M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPL-USD-PERP	+0.0043%	8h	0.09625	+0.129%	$13K	$2K	5x	as long as short
Nado XPL-PERP	+0.0100%	1h	0.09620	+0.073%	$1.2M	$2.8M	10x	as long as short
Hyperliquid XPL	+0.0100%	1h	0.09629	+0.163%	$61.2M	$47.6M	10x	as long as short
Aster XPLUSDT	+0.0100%	4h	0.09627	+0.146%	$245K	$499K	20x	as long as short
Pacifica XPL	+0.0100%	1h	0.09626	+0.135%	$219K	$47K	10x	as long as short
Binance XPLUSDT	+0.0100%	4h	0.09615	+0.021%	$43.6M	$107.8M	75x	as long as short
Bybit XPLUSDT	+0.0100%	4h	0.09619	+0.062%	$46.3M	$55.7M	75x	as long as short
Gate XPL_USDT	+0.0100%	4h	0.09621	+0.083%	$3.0M	$3.7M	75x	as long as short
MEXC XPL_USDT	+0.0100%	4h	0.09620	+0.073%	$12.5M	$7.8M	100x	as long as short
KuCoin XPLUSDTM	+0.0100%	4h	0.09622	+0.094%	$2.3M	$1.5M	50x	as long as short
Bitget XPLUSDT	+0.0100%	4h	0.09623	+0.104%	$8.5M	$11.1M	75x	as long as short
BingX XPL-USDT	+0.0100%	4h	0.09621	+0.083%	—	$7.9M	—	as long as short
Variational Omni XPL	+0.0100%	4h	0.09670	+0.591%	$1.7M	$1.8M	—	as long as short
GRVT XPL_USDT_Perp	+0.0100%	4h	0.09656	+0.449%	$259K	$900K	10x	as long as short
ApeX Omni XPLUSDT	+0.0100%	1h	0.09670	+0.593%	$25K	$83K	50x	as long as short
Polymarket Perps XPL-USD	+0.0100%	1h	0.09628	+0.155%	$131K	$2.6M	10x	as long as short
SunX XPL-USDT	+0.0100%	4h	0.09600	−0.135%	$2K	$1.9M	20x	as long as short
SoDEX XPL-USD	+0.0100%	1h	0.09610	−0.031%	$195	$11K	10x	as long as short
HTX XPL-USDT	+0.0100%	4h	0.09620	+0.073%	$143K	$250K	20x	as long as short
Bulk XPL-USD	+0.0100%	1h	0.09660	+0.489%	$141K	$7K	10x	as long as short
Extended XPL-USD	+0.0104%	1h	0.09612	−0.007%	$651K	$1.1M	25x	as long as short
Aevo XPL-PERP	+0.0104%	1h	0.09621	+0.080%	$29K	$18K	3x	as long as short
Phoenix XPL	+0.0328%	1h	0.09667	+0.562%	$196K	$620K	10x	as long as short
Coinbase International XPL-PERP-INTX	+0.0672%	1h	0.09766	+1.592%	$78K	$94K	50x	as long as short
Kraken Futures PF_XPLUSD	+0.3559%	1h	0.09659	+0.474%	$548K	$1.0M	10x	as long as short