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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0005%/8h= −0.6% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: dYdX against gTrade (Gains Network)−0.001%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09343L +0.0005% / S −0.0004%pay 0.0001% / 1h10m 38s$70K150x
ShortdYdX XPL-USD0.093430get 0.0000% / 1h10m 38s$9K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$1.15
Price spread: −0.001% → 0.000%
−$0.13
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$21.28
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell dYdX no order-book sample
gTrade (Gains Network) and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX XPL/USD [WBTC.b-USDC]L −0.0571% / S +0.0766%1h0.09342−0.010%$103K100xas long as short
01 Exchange XPLUSD−0.0472%1h0.09331−0.127%$543$8325xas long as short
Bybit XPLUSDT−0.0456%4h0.09333−0.106%$43.3M$50.4M75xas long as short
Deribit XPL_USDC-PERPETUAL−0.0285%1h0.09338−0.053%$47K$14K25xas long as short
Lighter XPL−0.0256%1h0.09331−0.127%$4.2M$2.5M10xas long as short
Polymarket Perps XPL-USD−0.0156%1h0.09337−0.059%$35K$925K10xas long as short
Orderly PERP_XPL_USDC−0.0155%4h0.09336−0.074%$29K$89K10xas long as short
Paradex XPL-USD-PERP−0.0073%8h0.09333−0.104%$12K$6965xas long as short
MEXC XPL_USDT−0.0050%4h0.09335−0.085%$12.3M$6.7M100xas long as short
Binance XPLUSDT−0.0049%4h0.09335−0.082%$43.0M$87.2M75xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XPL-USDshort0.0000%1h0.09343−0.001%$9K$1K5x
Reya XPLRUSDPERP0.0000%1h0.07571−18.970%as long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0004%1h0.09343long leg$70K150x
OKX XPL-USDT-SWAP+0.0028%4h0.09337−0.063%$7.2M$42.1M50xas long as short
Gate XPL_USDT+0.0036%4h0.09344+0.012%$2.8M$2.7M75xas long as short
Nado XPL-PERP+0.0053%1h0.09336−0.069%$983K$2.3M10xas long as short
Extended XPL-USD+0.0072%1h0.09332−0.119%$596K$1.1M25xas long as short
Aevo XPL-PERP+0.0072%1h0.09335−0.085%$28K$18K3xas long as short
Aster XPLUSDT+0.0087%4h0.09347+0.040%$241K$335K20xas long as short
Pacifica XPL+0.0100%1h0.09340−0.031%$208K$49K10xas long as short
Bulk XPL-USD+0.0100%1h0.09350+0.071%$136K$5K10xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09336−0.074%$2.2M$1.2M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09346+0.033%$8.8M$8.7M75xas long as short
BingX XPL-USDT+0.0100%4h0.09336−0.074%$7.7Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09337−0.063%$179K$154K10xas long as short
Variational Omni XPL+0.0100%4h0.09327−0.171%$1.8M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09342−0.014%$250K$1.3M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09360+0.183%$24K$56K50xas long as short
SunX XPL-USDT+0.0100%4h0.09320−0.245%$2K$1.3M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09340−0.031%$101$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09340−0.031%$131K$165K20xas long as short
Hyperliquid XPL+0.0143%1h0.09355+0.127%$59.9M$39.2M10xas long as short
Phoenix XPL+0.0170%1h0.09367+0.258%$190K$435K10xas long as short
BloFin XPL-USDT+0.0189%4h0.09336−0.074%$1.7M$768K75xas long as short
Coinbase International XPL-PERP-INTX+0.0608%1h0.09455+1.200%$63K$83K50xas long as short
Kraken Futures PF_XPLUSD+0.1199%1h0.09367+0.258%$553K$974K10xas long as short