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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.047%
Price spread now: Aevo against Hyperliquid+0.089%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.089% dearer against Hyperliquid than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XPL0.097510.0100pay 0.0013% / 1h17m 56s$62.7M$47.1M10x
ShortAevo XPL-PERP0.097590.0104get 0.0013% / 1h17m 56s$38K$5K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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
$0.84
Price spread: +0.089% → 0.000%
$8.92
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$15.24
Costs to cover
0.250%
Break-even
134.0 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; 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 Hyperliquid live order book, 6 min ago0.97 bp11.8 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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
Deribit XPL_USDC-PERPETUAL−0.0364%1h0.09759+0.086%$47K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0082% / S +0.0487%1h0.09761+0.111%$113K100xas long as short
Lighter XPL−0.0080%1h0.09739−0.119%$4.4M$4.3M10xas long as short
01 Exchange XPLUSD−0.0040%1h0.09791+0.414%$569$5825xas long as short
dYdX XPL-USD0.0000%1h0.09804+0.546%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.358%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09760+0.099%$72K150xas long as short
Backpack XPL_USDC_PERP+0.0011%1h0.09745−0.057%$178K$283K10xas long as short
Orderly PERP_XPL_USDC+0.0083%4h0.09756+0.055%$27K$333K10xas long as short
Paradex XPL-USD-PERP+0.0093%8h0.09787+0.371%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09786+0.363%$1.4M$2.6M10xas long as short
Hyperliquid XPLlong+0.0100%1h0.09751long leg$62.7M$47.1M10x
Aster XPLUSDT+0.0100%4h0.09757+0.061%$252K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09796+0.467%$222K$45K10xas long as short
Binance XPLUSDT+0.0100%4h0.09739−0.119%$43.9M$104.9M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09735−0.160%$47.5M$53.5M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09738−0.129%$9.1M$53.3M50xas long as short
Bulk XPL-USD+0.0100%1h0.09815+0.660%$141K$11K10xas long as short
Gate XPL_USDT+0.0100%4h0.09745−0.057%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09739−0.119%$12.7M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09744−0.068%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09744−0.068%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09739−0.119%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09808+0.593%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09790+0.404%$265K$786K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09810+0.609%$25K$87K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09792+0.420%$130K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09730−0.211%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09750−0.006%$204$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09774+0.240%$139K$245K20xas long as short
Extended XPL-USD+0.0104%1h0.09738−0.128%$661K$1.1M25xas long as short
Aevo XPL-PERPshort+0.0104%1h0.09759+0.089%$38K$5K3x
BloFin XPL-USDT+0.0340%4h0.09806+0.568%$1.7M$1.2M75xas long as short
Phoenix XPL+0.0485%1h0.09836+0.876%$199K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09767+0.168%$74K$102K50xas long as short
Kraken Futures PF_XPLUSD+0.3486%1h0.09810+0.608%$517K$942K10xas long as short