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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 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 Extended+0.319%85s7-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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.319% dearer against Extended than usual: you sell high and buy low (spread +0.319% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.095740.0104pay 0.0013% / 1h36m 56s$603K$1.2M25x
ShortgTrade (Gains Network) XPL/USD0.09604L +0.0005% / S −0.0004%get 0.0000% / 1h36m 56s$72K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.01
Price spread: +0.319% → 0.000%
$31.9
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$4.11
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 1 min ago; 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 Extended live order book, 1 min ago1.04 bp5.9 bp −$620.3 bp −$203doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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
Lighter XPL−0.1120%1h0.09564−0.101%$4.3M$3.2M10xas long as short
01 Exchange XPLUSD−0.0376%1h0.09581+0.077%$557$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0313% / S +0.0615%1h0.09590+0.168%$106K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0167%1h0.09588+0.150%$46K$18K25xas long as short
Orderly PERP_XPL_USDC−0.0001%4h0.09583+0.098%$30K$277K10xas long as short
dYdX XPL-USD0.0000%1h0.09588+0.154%$9K$6005xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−20.922%as long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0004%1h0.09604+0.319%$72K150x
Paradex XPL-USD-PERP+0.0052%8h0.09583+0.095%$12K$6965xas long as short
Nado XPL-PERP+0.0100%1h0.09584+0.113%$1.2M$2.2M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h0.09593+0.203%$60.6M$46.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09585+0.119%$253K$415K20xas long as short
Pacifica XPL+0.0100%1h0.09591+0.185%$219K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09578+0.045%$43.3M$97.2M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09576+0.025%$45.4M$52.9M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09575+0.014%$7.9M$47.7M50xas long as short
Bulk XPL-USD+0.0100%1h0.09595+0.223%$140K$010xas long as short
Gate XPL_USDT+0.0100%4h0.09579+0.056%$3.0M$3.4M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09578+0.045%$12.5M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09581+0.077%$2.3M$1.3M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09585+0.119%$8.7M$9.5M75xas long as short
BingX XPL-USDT+0.0100%4h0.09579+0.056%$7.8Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09582+0.087%$177K$189K10xas long as short
Variational Omni XPL+0.0100%4h0.09599+0.263%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09598+0.250%$255K$1.2M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09620+0.484%$25K$77K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09596+0.236%$125K$1.8M10xas long as short
SunX XPL-USDT+0.0100%4h0.09570−0.038%$3K$1.6M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09580+0.066%$201$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09577+0.035%$132K$215K20xas long as short
Extended XPL-USDlong+0.0104%1h0.09574long leg$603K$1.2M25x
Aevo XPL-PERP+0.0104%1h0.09585+0.119%$28K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09619+0.474%$195K$506K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09586+0.129%$1.7M$934K75xas long as short
Coinbase International XPL-PERP-INTX+0.0664%1h0.09718+1.508%$66K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2847%1h0.09615+0.437%$545K$936K10xas long as short