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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.028%
Price spread now: dYdX against Extended+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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.054% dearer against Extended 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 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.099210.0104pay 0.0013% / 1h13m 05s$673K$1.1M25x
ShortdYdX XPL-USD0.099260get 0.0000% / 1h13m 05s$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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%
$5.43
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$31.41
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 5 min ago; 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 Extended live order book, 5 min ago2.02 bp5.6 bp −$618.0 bp −$180doesn't fitdoesn't fit
Sell dYdX no order-book sample
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
Deribit XPL_USDC-PERPETUAL−0.0254%1h0.09924+0.034%$48K$18K25xas long as short
01 Exchange XPLUSD−0.0200%1h0.09909−0.117%$576$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0172% / S +0.0546%1h0.09929+0.090%$114K100xas long as short
Lighter XPL0.0000%1h0.09905−0.157%$4.5M$4.2M10xas long as short
dYdX XPL-USDshort0.0000%1h0.09926+0.054%$8K5x
Reya XPLRUSDPERP0.0000%1h0.07570−23.689%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0003%1h0.09929+0.080%$79K150xas long as short
Orderly PERP_XPL_USDC+0.0020%4h0.09921+0.004%$30K$335K10xas long as short
Paradex XPL-USD-PERP+0.0044%8h0.09923+0.028%$13K$2K5xas long as short
OKX XPL-USDT-SWAP+0.0088%4h0.09901−0.197%$8.8M$56.2M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09920−0.011%$1.5M$2.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09930+0.093%$257K$537K20xas long as short
Pacifica XPL+0.0100%1h0.09929+0.084%$226K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09911−0.098%$45.4M$108.9M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09904−0.167%$48.1M$56.1M75xas long as short
Bulk XPL-USD+0.0100%1h0.09870−0.510%$144K$2K10xas long as short
Gate XPL_USDT+0.0100%4h0.09918−0.026%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09907−0.137%$13.2M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09925+0.044%$2.5M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09911−0.097%$8.9M$11.2M75xas long as short
BingX XPL-USDT+0.0100%4h0.09903−0.177%$7.9Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09914−0.066%$185K$254K10xas long as short
Variational Omni XPL+0.0100%4h0.09912−0.087%$1.8M$2.0Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09905−0.161%$263K$844K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09940+0.196%$26K$89K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09929+0.082%$133K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09910−0.107%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09910−0.107%$498$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09929+0.085%$144K$243K20xas long as short
Extended XPL-USDlong+0.0104%1h0.09921long leg$673K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09926+0.059%$29K$18K3xas long as short
Phoenix XPL+0.0163%1h0.09925+0.044%$201K$655K10xas long as short
Hyperliquid XPL+0.0190%1h0.09924+0.031%$64.4M$47.1M10xas long as short
BloFin XPL-USDT+0.0340%4h0.09925+0.044%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09980+0.599%$74K$97K50xas long as short
Kraken Futures PF_XPLUSD+0.4992%1h0.09965+0.449%$576K$1.0M10xas long as short