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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0237%/8h= −26.0% APRnext payment $0.30 per $10,000 · paid last 24h −0.021%
Price spread now: 01 Exchange against gTrade (Gains Network)−0.016%48s7-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 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: −$7 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09663L +0.0005% / S −0.0003%pay 0.0001% / 1h23m 31s$61K150x
Short01 Exchange XPLUSD0.09661−0.0232pay 0.0029% / 1h23m 31s$562$7085x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$49.87
Price spread: −0.016% → 0.000%
−$1.64
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$68.5
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell 01 Exchange no order-book sample
gTrade (Gains Network) and 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 35 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
01 Exchange XPLUSDshort−0.0232%1h0.09661−0.016%$562$7085x
GMX XPL/USD [WBTC.b-USDC]L −0.0198% / S +0.0562%1h0.09662−0.007%$111K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0164%1h0.09660−0.027%$46K$18K25xas long as short
Backpack XPL_USDC_PERP−0.0130%1h0.09669+0.066%$179K$244K10xas long as short
dYdX XPL-USD0.0000%1h0.09667+0.046%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.649%as long as short
Orderly PERP_XPL_USDC+0.0001%4h0.09658−0.047%$29K$335K10xas long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0003%1h0.09663long leg$61K150x
OKX XPL-USDT-SWAP+0.0057%4h0.09661−0.016%$8.4M$54.9M50xas long as short
Paradex XPL-USD-PERP+0.0062%8h0.09665+0.030%$13K$2K5xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL+0.0096%1h0.09663+0.004%$4.4M$4.2M10xas long as short
Nado XPL-PERP+0.0100%1h0.09664+0.015%$1.2M$2.8M10xas long as short
Hyperliquid XPL+0.0100%1h0.09672+0.096%$61.7M$47.7M10xas long as short
Aster XPLUSDT+0.0100%4h0.09675+0.133%$246K$513K20xas long as short
Pacifica XPL+0.0100%1h0.09674+0.120%$220K$47K10xas long as short
Binance XPLUSDT+0.0100%4h0.09661−0.016%$43.9M$110.0M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09658−0.047%$46.5M$57.7M75xas long as short
Bulk XPL-USD+0.0100%1h0.09675+0.132%$141K$7K10xas long as short
Gate XPL_USDT+0.0100%4h0.09661−0.016%$3.0M$3.8M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09669+0.066%$12.7M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09667+0.046%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09667+0.046%$8.6M$11.3M75xas long as short
BingX XPL-USDT+0.0100%4h0.09663+0.004%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09672+0.096%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09669+0.067%$264K$877K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09670+0.077%$25K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09671+0.086%$129K$2.6M10xas long as short
SunX XPL-USDT+0.0100%4h0.09650−0.130%$3K$1.9M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09660−0.027%$194$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09669+0.066%$143K$258K20xas long as short
Extended XPL-USD+0.0104%1h0.09659−0.033%$655K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09664+0.018%$29K$18K3xas long as short
Phoenix XPL+0.0328%1h0.09675+0.129%$196K$657K10xas long as short
Coinbase International XPL-PERP-INTX+0.0496%1h0.09766+1.070%$78K$95K50xas long as short
Kraken Futures PF_XPLUSD+0.4405%1h0.09709+0.481%$551K$1.0M10xas long as short