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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Aevo+0.035%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 3 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. gTrade (Gains Network) is 0.035% dearer against Aevo than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.095900.0104pay 0.0013% / 1h40m 19s$28K$18K3x
ShortgTrade (Gains Network) XPL/USD0.09593L +0.0005% / S −0.0004%get 0.0000% / 1h40m 19s$72K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.01
Price spread: +0.035% → 0.000%
$3.45
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$43.55
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Aevo and gTrade (Gains Network): 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
Backpack XPL_USDC_PERP−0.0606%1h0.09594+0.042%$181K$242K10xas long as short
01 Exchange XPLUSD−0.0432%1h0.09589−0.010%$558$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0248% / S +0.0576%1h0.09592+0.026%$105K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0167%1h0.09592+0.021%$46K$18K25xas long as short
Orderly PERP_XPL_USDC−0.0005%4h0.09589−0.010%$29K$335K10xas long as short
dYdX XPL-USD0.0000%1h0.09605+0.153%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.055%as long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0004%1h0.09593+0.035%$72K150x
Lighter XPL+0.0032%1h0.09589−0.010%$4.3M$4.2M10xas long as short
OKX XPL-USDT-SWAP+0.0034%4h0.095900.000%$8.3M$53.1M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPL-USD-PERP+0.0052%8h0.09608+0.186%$12K$2K5xas long as short
Gate XPL_USDT+0.0086%4h0.09598+0.083%$2.9M$3.7M75xas long as short
Nado XPL-PERP+0.0100%1h0.09599+0.089%$1.2M$2.8M10xas long as short
Hyperliquid XPL+0.0100%1h0.09608+0.192%$60.4M$48.2M10xas long as short
Aster XPLUSDT+0.0100%4h0.09607+0.179%$244K$500K20xas long as short
Pacifica XPL+0.0100%1h0.09605+0.152%$219K$47K10xas long as short
Binance XPLUSDT+0.0100%4h0.09589−0.010%$43.4M$108.6M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09583−0.073%$45.5M$56.7M75xas long as short
Bulk XPL-USD+0.0100%1h0.09540−0.521%$139K$7K10xas long as short
MEXC XPL_USDT+0.0100%4h0.09596+0.063%$12.4M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.095900.000%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09599+0.094%$8.5M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09586−0.042%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09587−0.035%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09616+0.269%$260K$901K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09620+0.313%$25K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09607+0.180%$128K$2.6M10xas long as short
SunX XPL-USDT+0.0100%4h0.09580−0.104%$3K$1.9M20xas long as short
SoDEX XPL-USD+0.0100%1h0.095900.000%$2K$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09605+0.156%$144K$264K20xas long as short
Extended XPL-USD+0.0104%1h0.09586−0.039%$632K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09590long leg$28K$18K3x
Phoenix XPL+0.0248%1h0.09573−0.177%$194K$629K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09603+0.136%$1.7M$1.0M75xas long as short
Coinbase International XPL-PERP-INTX+0.0672%1h0.09640+0.521%$74K$93K50xas long as short
Kraken Futures PF_XPLUSD+0.3569%1h0.09631+0.432%$546K$1.0M10xas long as short