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−0.0320%/8h= −35.0% APRnext payment $0.40 per $10,000 · paid last 24h −0.043%
Price spread now: 01 Exchange against Extended+0.016%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 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.097370.0104pay 0.0013% / 1h22m 48s$660K$1.1M25x
Short01 Exchange XPLUSD0.09739−0.0216pay 0.0027% / 1h22m 48s$566$7085x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$67.2
Price spread: +0.016% → 0.000%
$1.62
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$77.58
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, just now; 01 Exchange: 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, just now2.05 bp6.3 bp −$620.6 bp −$206doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.0304%1h0.09740+0.026%$177K$282K10xas long as short
Lighter XPL−0.0248%1h0.09718−0.199%$4.4M$4.1M10xas long as short
01 Exchange XPLUSDshort−0.0216%1h0.09739+0.016%$566$7085x
Deribit XPL_USDC-PERPETUAL−0.0161%1h0.09740+0.026%$47K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0109% / S +0.0505%1h0.09742+0.051%$112K100xas long as short
dYdX XPL-USD0.0000%1h0.09728−0.095%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−22.254%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09743+0.060%$72K150xas long as short
Orderly PERP_XPL_USDC+0.0072%4h0.09735−0.025%$29K$335K10xas long as short
Paradex XPL-USD-PERP+0.0082%8h0.09742+0.048%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09742+0.042%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09745+0.074%$63.0M$47.7M10xas long as short
Aster XPLUSDT+0.0100%4h0.09740+0.028%$252K$526K20xas long as short
Pacifica XPL+0.0100%1h0.09749+0.121%$222K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09737−0.008%$43.9M$106.8M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09739+0.016%$48.0M$54.9M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09737−0.004%$8.9M$54.0M50xas long as short
Bulk XPL-USD+0.0100%1h0.09688−0.506%$141K$10K10xas long as short
Gate XPL_USDT+0.0100%4h0.09740+0.026%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09737−0.004%$12.6M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09744+0.068%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09733−0.045%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09734−0.035%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09689−0.494%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09766+0.293%$260K$787K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09780+0.437%$25K$87K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09752+0.146%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09730−0.076%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09740+0.026%$448$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09763+0.263%$138K$246K20xas long as short
Extended XPL-USDlong+0.0104%1h0.09737long leg$660K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09740+0.026%$38K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h0.09753+0.160%$1.7M$1.2M75xas long as short
Phoenix XPL+0.0412%1h0.09703−0.354%$196K$652K10xas long as short
Coinbase International XPL-PERP-INTX+0.0792%1h0.09760+0.232%$72K$104K50xas long as short
Kraken Futures PF_XPLUSD+0.4579%1h0.09803+0.678%$563K$994K10xas long as short