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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against OKX−0.176%7-day average −0.178% · 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 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)−0.373%−$37 · spread now −0.176%, 7d avg −0.178%
Together, before fees−0.316%−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.178%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XPL-USDT-SWAP0.096370.0062pay 0.0031% / 4h1h 14m$8.3M$52.6M50x
ShortSunX XPL-USDT0.096200.0100get 0.0050% / 4h1h 14m$3K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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
$7.94
Price spread: −0.176% → −0.178%
$0.14
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$9.92
Costs to cover
0.180%
Break-even
15.7 days
Slippage unknown: OKX: live order book, 5 min ago; SunX: live order book, 12 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 OKX live order book, 5 min ago0.52 bp11.7 bp −$1234.3 bp −$343doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago504.95 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
01 Exchange XPLUSD−0.0376%1h0.09628−0.093%$560$7085xas long as short
Backpack XPL_USDC_PERP−0.0272%1h0.09644+0.073%$179K$231K10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0266% / S +0.0587%1h0.09639+0.025%$106K100xas long as short
Bybit XPLUSDT−0.0095%4h0.09630−0.073%$45.6M$56.7M75xas long as short
Deribit XPL_USDC-PERPETUAL−0.0061%1h0.09640+0.031%$46K$18K25xas long as short
Orderly PERP_XPL_USDC0.0000%4h0.09634−0.031%$29K$335K10xas long as short
dYdX XPL-USD0.0000%1h0.09644+0.073%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.441%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09640+0.033%$73K150xas long as short
OKX XPL-USDT-SWAPlong+0.0062%4h0.09637long leg$8.3M$52.6M50x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPL-USD-PERP+0.0065%8h0.09637−0.004%$13K$2K5xas long as short
Lighter XPL+0.0096%1h0.09631−0.062%$4.4M$4.2M10xas long as short
Nado XPL-PERP+0.0100%1h0.09632−0.047%$1.2M$2.8M10xas long as short
Hyperliquid XPL+0.0100%1h0.09648+0.111%$60.5M$48.2M10xas long as short
Aster XPLUSDT+0.0100%4h0.09641+0.044%$244K$497K20xas long as short
Pacifica XPL+0.0100%1h0.09643+0.061%$220K$48K10xas long as short
Binance XPLUSDT+0.0100%4h0.09634−0.031%$43.6M$108.4M75xas long as short
Bulk XPL-USD+0.0100%1h0.09643+0.067%$140K$5K10xas long as short
Gate XPL_USDT+0.0100%4h0.096370.000%$3.0M$3.8M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09636−0.010%$12.5M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09627−0.104%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09641+0.042%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09634−0.031%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09645+0.079%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09649+0.120%$254K$930K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09660+0.239%$25K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09642+0.054%$128K$2.6M10xas long as short
SunX XPL-USDTshort+0.0100%4h0.09620−0.176%$3K$1.9M20x
SoDEX XPL-USD+0.0100%1h0.09640+0.031%$2K$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09642+0.052%$145K$263K20xas long as short
Extended XPL-USD+0.0104%1h0.09634−0.035%$636K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09636−0.010%$29K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09660+0.239%$196K$629K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09635−0.021%$1.7M$1.0M75xas long as short
Coinbase International XPL-PERP-INTX+0.0672%1h0.09670+0.342%$75K$93K50xas long as short
Kraken Futures PF_XPLUSD+0.3552%1h0.09679+0.435%$549K$1.0M10xas long as short