Settings8H · net · $10k
Funding arb · Price arb /

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Aevo+0.434%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.434% dearer against Aevo than usual: you sell high and buy low, +$43 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.097380.0104pay 0.0013% / 1h33m 11s$38K$5K3x
ShortApeX Omni XPLUSDT0.097800.0100get 0.0013% / 1h33m 11s$25K$86K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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

Funding earned
−$0.84
Price spread: +0.434% → 0.000%
$43.44
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$16.6
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell ApeX Omni no order-book sample
Aevo and ApeX Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL−0.0128%1h0.09722−0.161%$4.4M$4.3M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0075% / S +0.0483%1h0.09736−0.012%$112K100xas long as short
dYdX XPL-USD0.0000%1h0.09746+0.081%$8K5xas long as short
01 Exchange XPLUSD0.0000%1h0.09749+0.116%$567$5825xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.255%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09735−0.028%$47K$18K25xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09736−0.013%$72K150xas long as short
Backpack XPL_USDC_PERP+0.0016%1h0.09734−0.038%$177K$283K10xas long as short
Orderly PERP_XPL_USDC+0.0083%4h0.09732−0.059%$27K$333K10xas long as short
Paradex XPL-USD-PERP+0.0095%8h0.09753+0.155%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09728−0.100%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09743+0.058%$62.6M$47.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09740+0.023%$252K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09754+0.164%$221K$45K10xas long as short
Binance XPLUSDT+0.0100%4h0.09732−0.060%$44.0M$104.5M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09728−0.100%$47.4M$53.3M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09727−0.110%$9.0M$52.9M50xas long as short
Bulk XPL-USD+0.0100%1h0.09822+0.870%$142K$11K10xas long as short
Gate XPL_USDT+0.0100%4h0.09729−0.089%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09731−0.069%$12.7M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09734−0.038%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09733−0.048%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09729−0.089%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09764+0.272%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09764+0.268%$264K$786K10xas long as short
ApeX Omni XPLUSDTshort+0.0100%1h0.09780+0.434%$25K$86K50x
Polymarket Perps XPL-USD+0.0100%1h0.09746+0.083%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09730−0.079%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09730−0.079%$202$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09764+0.270%$138K$245K20xas long as short
Extended XPL-USD+0.0104%1h0.09729−0.093%$658K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09738long leg$38K$5K3x
BloFin XPL-USDT+0.0340%4h0.09728−0.100%$1.7M$1.1M75xas long as short
Phoenix XPL+0.0485%1h0.09773+0.363%$198K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09844+1.092%$74K$105K50xas long as short
Kraken Futures PF_XPLUSD+0.3495%1h0.09785+0.487%$515K$940K10xas long as short