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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Pacifica−0.051%7-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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.051% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XPL0.097690.0100pay 0.0013% / 1h7m 16s$222K$46K10x
ShortgTrade (Gains Network) XPL/USD0.09764L +0.0005% / S −0.0003%get 0.0000% / 1h7m 16s$76K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Pacifica. 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: −0.051% → 0.000%
−$5.1
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$43.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 6 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 Pacifica live order book, 6 min ago15.44 bp19.7 bp −$20doesn't fitdoesn'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−0.0536%1h0.09749−0.206%$4.4M$4.2M10xas long as short
01 Exchange XPLUSD−0.0376%1h0.09745−0.247%$567$7085xas long as short
Deribit XPL_USDC-PERPETUAL−0.0364%1h0.09763−0.062%$47K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0146% / S +0.0529%1h0.09764−0.051%$112K100xas long as short
dYdX XPL-USD0.0000%1h0.09762−0.076%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−22.507%as long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0003%1h0.09764−0.051%$76K150x
Paradex XPL-USD-PERP+0.0009%8h0.09759−0.108%$13K$2K5xas long as short
Orderly PERP_XPL_USDC+0.0038%4h0.09760−0.093%$29K$335K10xas long as short
Gate XPL_USDT+0.0038%4h0.09757−0.124%$3.0M$4.1M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09755−0.139%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09764−0.048%$63.0M$48.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09769−0.003%$253K$527K20xas long as short
Pacifica XPLlong+0.0100%1h0.09769long leg$222K$46K10x
Binance XPLUSDT+0.0100%4h0.09759−0.103%$44.5M$108.7M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09760−0.093%$47.3M$55.6M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09761−0.083%$8.7M$55.0M50xas long as short
Bulk XPL-USD+0.0100%1h0.09760−0.093%$142K$9K10xas long as short
MEXC XPL_USDT+0.0100%4h0.09759−0.103%$12.8M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09763−0.062%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09768−0.011%$8.7M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09760−0.093%$7.9Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09762−0.073%$181K$282K10xas long as short
Variational Omni XPL+0.0100%4h0.09698−0.727%$1.6M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09750−0.196%$258K$814K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09780+0.112%$25K$88K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09761−0.084%$130K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09740−0.298%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09760−0.093%$204$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09755−0.144%$141K$242K20xas long as short
Extended XPL-USD+0.0104%1h0.09758−0.118%$657K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09769−0.005%$38K$5K3xas long as short
Phoenix XPL+0.0327%1h0.09778+0.091%$198K$651K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09746−0.236%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0568%1h0.09735−0.349%$72K$96K50xas long as short
Kraken Futures PF_XPLUSD+0.5089%1h0.09809+0.411%$566K$1.0M10xas long as short