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+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Pacifica against gTrade (Gains Network)+0.301%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 airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.301% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09716L +0.0005% / S −0.0004%pay 0.0001% / 1h53m 03s$72K150x
ShortPacifica XPL0.097450.0100get 0.0013% / 1h53m 03s$222K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$19.85
Price spread: +0.301% → 0.000%
$30.06
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$31.92
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: live order book, 30 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 Pacifica live order book, 30 min ago5.10 bp24.5 bp −$25doesn't fitdoesn'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
Deribit XPL_USDC-PERPETUAL−0.0471%1h0.09707−0.090%$47K$18K25xas long as short
01 Exchange XPLUSD−0.0136%1h0.09725+0.095%$565$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0095% / S +0.0495%1h0.09713−0.028%$112K100xas long as short
Lighter XPL−0.0056%1h0.09697−0.193%$4.4M$4.1M10xas long as short
Backpack XPL_USDC_PERP−0.0038%1h0.09706−0.101%$177K$281K10xas long as short
dYdX XPL-USD0.0000%1h0.09751+0.363%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.079%as long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0004%1h0.09716long leg$72K150x
Orderly PERP_XPL_USDC+0.0081%4h0.09708−0.080%$29K$335K10xas long as short
Paradex XPL-USD-PERP+0.0090%8h0.09735+0.194%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09731+0.162%$1.4M$2.7M10xas long as short
Hyperliquid XPL+0.0100%1h0.09717+0.008%$62.6M$47.4M10xas long as short
Aster XPLUSDT+0.0100%4h0.09717+0.010%$251K$527K20xas long as short
Pacifica XPLshort+0.0100%1h0.09745+0.301%$222K$46K10x
Binance XPLUSDT+0.0100%4h0.09705−0.111%$43.6M$105.8M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09706−0.101%$47.4M$53.9M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09700−0.163%$8.9M$53.2M50xas long as short
Bulk XPL-USD+0.0100%1h0.09700−0.160%$140K$10K10xas long as short
Gate XPL_USDT+0.0100%4h0.09707−0.090%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09705−0.111%$12.6M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09716+0.002%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09705−0.111%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09699−0.173%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09767+0.529%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09760+0.455%$264K$775K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09790+0.764%$25K$87K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09738+0.231%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09710−0.060%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09710−0.060%$205$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09771+0.568%$139K$246K20xas long as short
Extended XPL-USD+0.0104%1h0.09706−0.101%$657K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09714−0.022%$38K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h0.09726+0.105%$1.7M$1.2M75xas long as short
Phoenix XPL+0.0412%1h0.09726+0.105%$197K$652K10xas long as short
Coinbase International XPL-PERP-INTX+0.0792%1h0.09794+0.805%$74K$103K50xas long as short
Kraken Futures PF_XPLUSD+0.4603%1h0.09753+0.385%$513K$953K10xas long as short