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+0.0467%/8h= +51.1% APRnext payment +$0.58 per $10,000 · paid last 24h +0.076%
Price spread now: Aevo against Deribit+0.029%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
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aevo is 0.029% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XPL_USDC-PERPETUAL0.09785−0.0363get 0.0045% / 1h45m 41s$47K$18K25x
ShortAevo XPL-PERP0.097880.0104get 0.0013% / 1h45m 41s$38K$5K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
$98.03
Price spread: +0.029% → 0.000%
$2.86
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
$77.89
Costs to cover
0.230%
Break-even
1.4 days
Slippage unknown: Deribit: no order-book sample; Aevo: 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 Deribit no order-book sample
Sell Aevo no order-book sample
Deribit and 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-PERPETUALlong−0.0363%1h0.09785long leg$47K$18K25x
Lighter XPL−0.0296%1h0.09781−0.041%$4.4M$4.3M10xas long as short
Backpack XPL_USDC_PERP−0.0103%1h0.09789+0.041%$181K$281K10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0069% / S +0.0478%1h0.09785+0.005%$113K100xas long as short
dYdX XPL-USD0.0000%1h0.09789+0.041%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.628%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09787+0.020%$72K150xas long as short
Orderly PERP_XPL_USDC+0.0080%4h0.09786+0.010%$27K$333K10xas long as short
Paradex XPL-USD-PERP+0.0095%8h0.09800+0.154%$13K$2K5xas long as short
01 Exchange XPLUSD+0.0096%1h0.09777−0.082%$568$5825xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09777−0.082%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09799+0.142%$63.0M$47.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09798+0.131%$253K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09797+0.126%$222K$19K10xas long as short
Binance XPLUSDT+0.0100%4h0.09794+0.090%$44.4M$104.1M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09790+0.051%$47.6M$52.8M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09789+0.041%$9.0M$53.1M50xas long as short
Gate XPL_USDT+0.0100%4h0.09788+0.031%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09792+0.072%$12.8M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09786+0.010%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09796+0.112%$8.6M$11.0M75xas long as short
BingX XPL-USDT+0.0100%4h0.09790+0.051%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09735−0.516%$1.6M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09720−0.664%$264K$769K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09740−0.460%$25K$86K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09785−0.001%$132K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09770−0.153%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09780−0.051%$208$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09740−0.460%$138K$245K20xas long as short
Bulk XPL-USD+0.0100%1h0.09730−0.562%$140K$11K10xas long as short
Extended XPL-USD+0.0104%1h0.09790+0.052%$660K$1.1M25xas long as short
Aevo XPL-PERPshort+0.0104%1h0.09788+0.029%$38K$5K3x
BloFin XPL-USDT+0.0340%4h0.09812+0.276%$1.8M$1.2M75xas long as short
Phoenix XPL+0.0485%1h0.09731−0.552%$199K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09844+0.603%$74K$105K50xas long as short
Kraken Futures PF_XPLUSD+0.3480%1h0.09827+0.433%$517K$939K10xas long as short