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 +0.024%
Price spread now: Extended against gTrade (Gains Network)−0.055%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 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
Funding pays, the price is against you. Extended is 0.055% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09770L +0.0005% / S −0.0004%pay 0.0001% / 1h30m 26s$72K150x
ShortExtended XPL-USD0.097640.0104get 0.0013% / 1h30m 26s$660K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.055% → 0.000%
−$5.52
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$0.17
Costs to cover
0.150%
Break-even
6.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 3 min ago. 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 Extended live order book, 3 min ago2.05 bp6.6 bp −$717.2 bp −$172doesn't fitdoesn't fit
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−0.0120%1h0.09746−0.243%$4.4M$4.3M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0076% / S +0.0483%1h0.09748−0.221%$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%1h0.09754−0.161%$47K$18K25xas long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0004%1h0.09770long leg$72K150x
Orderly PERP_XPL_USDC+0.0082%4h0.09746−0.243%$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%4h0.09769−0.008%$253K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09761−0.093%$221K$45K10xas long as short
Binance XPLUSDT+0.0100%4h0.09767−0.024%$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%4h0.09763−0.069%$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%4h0.09760−0.100%$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%4h0.09764−0.057%$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%4h0.09730−0.407%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09750−0.202%$207$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09743−0.274%$138K$245K20xas long as short
Extended XPL-USDshort+0.0104%1h0.09764−0.055%$660K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09759−0.113%$38K$5K3xas long as short
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$105K50xas long as short
Kraken Futures PF_XPLUSD+0.3493%1h0.09790+0.210%$515K$940K10xas long as short