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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Aevo−0.005%50s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.096350.0104pay 0.0013% / 1h10m 33s$29K$18K3x
ShortNado XPL-PERP0.096350.0100get 0.0013% / 1h10m 33s$1.2M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: −0.005% → 0.000%
−$0.52
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$24.36
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 3 min ago. 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 Nado live order book, 3 min ago1.55 bp8.2 bp −$817.6 bp −$176doesn't fitdoesn't fit
Aevo: 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
Deribit XPL_USDC-PERPETUAL−0.0372%1h0.09638+0.031%$46K$18K25xas long as short
01 Exchange XPLUSD−0.0368%1h0.09626−0.093%$560$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0304% / S +0.0610%1h0.09645+0.109%$106K100xas long as short
Backpack XPL_USDC_PERP−0.0059%1h0.09643+0.083%$176K$190K10xas long as short
Bybit XPLUSDT−0.0003%4h0.09628−0.073%$45.6M$54.0M75xas long as short
dYdX XPL-USD0.0000%1h0.09648+0.132%$9K$5855xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.425%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09638+0.027%$73K150xas long as short
Orderly PERP_XPL_USDC+0.0009%4h0.09633−0.021%$29K$339K10xas long as short
Lighter XPL+0.0032%1h0.09627−0.083%$4.4M$3.0M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPL-USD-PERP+0.0048%8h0.09633−0.023%$13K$6965xas long as short
Hyperliquid XPL+0.0100%1h0.09644+0.089%$61.2M$46.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09642+0.076%$251K$422K20xas long as short
Pacifica XPL+0.0100%1h0.09640+0.052%$220K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09631−0.045%$43.7M$100.7M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09629−0.062%$8.2M$48.5M50xas long as short
Bulk XPL-USD+0.0100%1h0.09650+0.156%$141K$5K10xas long as short
Gate XPL_USDT+0.0100%4h0.096350.000%$3.1M$3.5M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09628−0.073%$12.7M$7.1M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09640+0.052%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09643+0.083%$9.1M$9.7M75xas long as short
BingX XPL-USDT+0.0100%4h0.09632−0.031%$7.8Mas long as short
Variational Omni XPL+0.0100%4h0.09633−0.024%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09655+0.210%$260K$1.1M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09670+0.363%$25K$78K50xas long as short
Nado XPL-PERPshort+0.0100%1h0.09635−0.005%$1.2M$2.4M10x
Polymarket Perps XPL-USD+0.0100%1h0.09640+0.055%$128K$1.9M10xas long as short
SunX XPL-USDT+0.0100%4h0.09620−0.156%$3K$1.7M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09640+0.052%$201$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09643+0.083%$141K$185K20xas long as short
Extended XPL-USD+0.0104%1h0.09629−0.064%$653K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09635long leg$29K$18K3x
Phoenix XPL+0.0248%1h0.09670+0.363%$196K$573K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09639+0.042%$1.8M$959K75xas long as short
Coinbase International XPL-PERP-INTX+0.0640%1h0.09708+0.758%$75K$76K50xas long as short
Kraken Futures PF_XPLUSD+0.3115%1h0.09669+0.351%$550K$990K10xas long as short