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−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against Aevo+0.054%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
The price spread pays, funding is against you. dYdX is 0.054% dearer against Aevo than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.097400.0104pay 0.0013% / 1h32m 14s$38K$5K3x
ShortdYdX XPL-USD0.097450get 0.0000% / 1h32m 14s$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: +0.054% → 0.000%
$5.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.47
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: 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 dYdX no order-book sample
Aevo and dYdX: 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%1h0.09726−0.142%$4.4M$4.3M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0076% / S +0.0483%1h0.09745+0.053%$112K100xas long as short
dYdX XPL-USDshort0.0000%1h0.09745+0.054%$8K5x
01 Exchange XPLUSD0.0000%1h0.09744+0.043%$567$5825xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.272%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09740+0.002%$47K$18K25xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09745+0.053%$72K150xas long as short
Backpack XPL_USDC_PERP+0.0016%1h0.09734−0.060%$177K$283K10xas long as short
Orderly PERP_XPL_USDC+0.0083%4h0.09737−0.029%$27K$333K10xas long as short
Paradex XPL-USD-PERP+0.0095%8h0.09742+0.021%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09741+0.017%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09756+0.165%$62.7M$47.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09749+0.092%$252K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09747+0.075%$221K$45K10xas long as short
Binance XPLUSDT+0.0100%4h0.09736−0.039%$44.0M$104.5M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09735−0.049%$47.5M$53.3M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09735−0.049%$9.0M$53.0M50xas long as short
Bulk XPL-USD+0.0100%1h0.09822+0.849%$142K$11K10xas long as short
Gate XPL_USDT+0.0100%4h0.09742+0.023%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09735−0.049%$12.7M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09733−0.070%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09741+0.012%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09739−0.008%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09764+0.250%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09764+0.247%$264K$786K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09780+0.413%$25K$86K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09753+0.140%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09720−0.203%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09740+0.002%$202$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09743+0.033%$138K$245K20xas long as short
Extended XPL-USD+0.0104%1h0.09734−0.060%$660K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09740long leg$38K$5K3x
BloFin XPL-USDT+0.0340%4h0.09728−0.121%$1.7M$1.1M75xas long as short
Phoenix XPL+0.0485%1h0.09773+0.341%$198K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09844+1.070%$74K$105K50xas long as short
Kraken Futures PF_XPLUSD+0.3495%1h0.09783+0.441%$514K$940K10xas long as short