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+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against gTrade (Gains Network)+0.017%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 feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09770L +0.0005% / S −0.0004%pay 0.0001% / 1h30m 12s$72K150x
ShortAevo XPL-PERP0.097710.0104get 0.0013% / 1h30m 12s$38K$5K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.69
Price spread: +0.017% → 0.000%
$1.67
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$3.64
Costs to cover
0.260%
Break-even
8.2 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell Aevo no order-book sample
gTrade (Gains Network) 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
Lighter XPL−0.0120%1h0.09756−0.141%$4.4M$4.3M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0077% / S +0.0484%1h0.09769−0.009%$112K100xas long as short
Backpack XPL_USDC_PERP−0.0019%1h0.09755−0.151%$178K$283K10xas long as short
dYdX XPL-USD0.0000%1h0.09754−0.163%$8K5xas long as short
01 Exchange XPLUSD0.0000%1h0.09764−0.059%$568$5825xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.510%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09771+0.013%$47K$18K25xas long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0004%1h0.09770long leg$72K150x
Orderly PERP_XPL_USDC+0.0083%4h0.09766−0.039%$27K$333K10xas long as short
Paradex XPL-USD-PERP+0.0095%8h0.09765−0.048%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09765−0.046%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09778+0.080%$62.9M$47.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09771+0.008%$253K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09761−0.093%$221K$45K10xas long as short
Binance XPLUSDT+0.0100%4h0.09766−0.034%$44.1M$104.6M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09761−0.090%$47.6M$53.3M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09765−0.049%$9.0M$53.1M50xas long as short
Bulk XPL-USD+0.0100%1h0.09740−0.305%$140K$11K10xas long as short
Gate XPL_USDT+0.0100%4h0.09764−0.059%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09767−0.028%$12.8M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09758−0.120%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09769−0.008%$8.6M$11.0M75xas long as short
BingX XPL-USDT+0.0100%4h0.09766−0.039%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09744−0.263%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09764−0.061%$264K$786K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09740−0.305%$25K$86K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09776+0.063%$130K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09740−0.305%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09760−0.100%$203$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09743−0.274%$138K$245K20xas long as short
Extended XPL-USD+0.0104%1h0.09765−0.053%$660K$1.1M25xas long as short
Aevo XPL-PERPshort+0.0104%1h0.09771+0.017%$38K$5K3x
BloFin XPL-USDT+0.0340%4h0.09736−0.346%$1.8M$1.2M75xas long as short
Phoenix XPL+0.0485%1h0.09773+0.033%$198K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09844+0.760%$74K$103K50xas long as short
Kraken Futures PF_XPLUSD+0.3487%1h0.09806+0.369%$516K$940K10xas long as short