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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Nado+0.095%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 airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.095% dearer against Nado than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XPL-PERP0.097960.0100pay 0.0012% / 1h57m 07s$1.4M$2.6M10x
ShortgTrade (Gains Network) XPL/USD0.09805L +0.0005% / S −0.0003%get 0.0000% / 1h57m 07s$76K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Nado. 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
−$20.28
Price spread: +0.095% → 0.000%
$9.52
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$27.76
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 2 min ago; gTrade (Gains Network): 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 Nado live order book, 2 min ago4.08 bp13.8 bp −$1424.2 bp −$242doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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−0.0440%1h0.09779−0.168%$4.4M$4.2M10xas long as short
01 Exchange XPLUSD−0.0168%1h0.09792−0.036%$569$7085xas long as short
Deribit XPL_USDC-PERPETUAL−0.0158%1h0.09793−0.026%$47K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0151% / S +0.0532%1h0.09803+0.080%$113K100xas long as short
dYdX XPL-USD0.0000%1h0.09791−0.050%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−22.715%as long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0003%1h0.09805+0.095%$76K150x
Paradex XPL-USD-PERP+0.0024%8h0.09798+0.030%$13K$2K5xas long as short
Orderly PERP_XPL_USDC+0.0035%4h0.09789−0.066%$29K$335K10xas long as short
Nado XPL-PERPlong+0.0100%1h0.09796long leg$1.4M$2.6M10x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h0.09816+0.210%$63.3M$48.2M10xas long as short
Aster XPLUSDT+0.0100%4h0.09804+0.087%$254K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09791−0.046%$223K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09785−0.103%$44.6M$108.9M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09783−0.128%$47.4M$55.8M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09780−0.158%$8.7M$55.3M50xas long as short
Bulk XPL-USD+0.0100%1h0.097960.000%$143K$4K10xas long as short
Gate XPL_USDT+0.0100%4h0.09798+0.026%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09784−0.117%$12.8M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09794−0.015%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09794−0.015%$8.8M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09800+0.046%$7.9Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09792−0.036%$181K$282K10xas long as short
Variational Omni XPL+0.0100%4h0.09787−0.085%$1.6M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09788−0.072%$259K$814K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09800+0.046%$25K$88K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09809+0.140%$131K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09760−0.362%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09790−0.056%$201$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09797+0.015%$142K$241K20xas long as short
Extended XPL-USD+0.0104%1h0.09793−0.027%$658K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09796+0.007%$38K$5K3xas long as short
Phoenix XPL+0.0327%1h0.09811+0.158%$199K$655K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09791−0.046%$1.7M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09815+0.199%$72K$97K50xas long as short
Kraken Futures PF_XPLUSD+0.5055%1h0.09842+0.473%$569K$1.0M10xas long as short