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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Extended against ApeX Omni−0.089%7-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 7 days−0.058%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.089% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XPLUSDT0.097400.0100pay 0.0013% / 1h42m 46s$25K$87K50x
ShortExtended XPL-USD0.097310.0104get 0.0013% / 1h42m 46s$657K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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: −0.089% → 0.000%
−$8.91
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.07
Costs to cover
0.150%
Break-even
199.3 days
Slippage unknown: ApeX Omni: no order-book sample; Extended: live order book, just now. 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 ApeX Omni no order-book sample
Sell Extended live order book, just now2.57 bp6.9 bp −$717.9 bp −$179doesn't fitdoesn't fit
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
Backpack XPL_USDC_PERP−0.0340%1h0.09732−0.082%$177K$281K10xas long as short
01 Exchange XPLUSD−0.0216%1h0.09738−0.021%$566$7085xas long as short
Lighter XPL−0.0168%1h0.09718−0.226%$4.4M$4.1M10xas long as short
Deribit XPL_USDC-PERPETUAL−0.0161%1h0.09726−0.144%$47K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0099% / S +0.0498%1h0.09725−0.158%$112K100xas long as short
dYdX XPL-USD0.0000%1h0.09733−0.067%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.272%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09727−0.135%$72K150xas long as short
Orderly PERP_XPL_USDC+0.0079%4h0.09720−0.205%$29K$335K10xas long as short
Paradex XPL-USD-PERP+0.0089%8h0.09734−0.058%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09738−0.021%$1.4M$2.7M10xas long as short
Hyperliquid XPL+0.0100%1h0.09748+0.080%$62.8M$47.5M10xas long as short
Aster XPLUSDT+0.0100%4h0.09736−0.045%$252K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09730−0.100%$221K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09728−0.123%$43.7M$106.2M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09730−0.103%$47.4M$54.0M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09727−0.133%$8.9M$53.4M50xas long as short
Bulk XPL-USD+0.0100%1h0.09695−0.462%$140K$8K10xas long as short
Gate XPL_USDT+0.0100%4h0.09734−0.062%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09729−0.113%$12.6M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09727−0.133%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09741+0.010%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09736−0.041%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09719−0.220%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09736−0.041%$261K$789K10xas long as short
ApeX Omni XPLUSDTlong+0.0100%1h0.09740long leg$25K$87K50x
Polymarket Perps XPL-USD+0.0100%1h0.09750+0.105%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09730−0.103%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09720−0.205%$447$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09730−0.103%$138K$246K20xas long as short
Extended XPL-USDshort+0.0104%1h0.09731−0.089%$657K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09723−0.178%$38K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h0.097400.000%$1.7M$1.2M75xas long as short
Phoenix XPL+0.0412%1h0.09751+0.113%$197K$652K10xas long as short
Coinbase International XPL-PERP-INTX+0.0792%1h0.09734−0.062%$72K$104K50xas long as short
Kraken Futures PF_XPLUSD+0.4595%1h0.09769+0.297%$514K$951K10xas long as short