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−0.0344%/8h= −37.7% APRnext payment $0.43 per $10,000 · paid last 24h +0.044%
Price spread now: Extended against 01 Exchange+0.063%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 airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.063% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XPLUSD0.097140.0448pay 0.0056% / 1h52m 37s$565$5825x
ShortExtended XPL-USD0.097200.0104get 0.0013% / 1h52m 37s$653K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against 01 Exchange. 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
−$72.24
Price spread: +0.063% → 0.000%
$6.33
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$77.91
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 1 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 01 Exchange no order-book sample
Sell Extended live order book, 1 min ago1.54 bp6.0 bp −$622.0 bp −$220doesn't fitdoesn't fit
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 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−0.0676%1h0.09711−0.031%$47K$18K25xas long as short
Lighter XPL−0.0336%1h0.09703−0.113%$4.4M$4.2M10xas long as short
Backpack XPL_USDC_PERP−0.0318%1h0.09700−0.144%$179K$282K10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0066% / S +0.0476%1h0.09718+0.038%$111K100xas long as short
dYdX XPL-USD0.0000%1h0.09723+0.091%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−22.062%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09719+0.054%$72K150xas long as short
Orderly PERP_XPL_USDC+0.0079%4h0.09708−0.062%$27K$333K10xas long as short
Paradex XPL-USD-PERP+0.0096%8h0.09716+0.023%$13K$2K5xas long as short
Nado XPL-PERP+0.0100%1h0.09738+0.250%$1.4M$2.6M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h0.09723+0.088%$63.1M$46.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09724+0.105%$252K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09719+0.055%$220K$19K10xas long as short
Binance XPLUSDT+0.0100%4h0.09731+0.178%$44.3M$103.7M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09738+0.247%$47.1M$52.4M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09740+0.268%$9.0M$52.8M50xas long as short
Bulk XPL-USD+0.0100%1h0.09901+1.925%$143K$11K10xas long as short
Gate XPL_USDT+0.0100%4h0.09712−0.021%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09717+0.031%$12.8M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09715+0.010%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09726+0.124%$8.6M$11.0M75xas long as short
BingX XPL-USDT+0.0100%4h0.09722+0.082%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09837+1.271%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09760+0.472%$265K$782K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09840+1.297%$25K$82K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09722+0.078%$131K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09700−0.144%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09700−0.144%$206$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09702−0.124%$138K$245K20xas long as short
Extended XPL-USDshort+0.0104%1h0.09720+0.063%$653K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09715+0.009%$38K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h0.09717+0.031%$1.8M$1.2M75xas long as short
01 Exchange XPLUSDlong+0.0448%1h0.09714long leg$565$5825x
Phoenix XPL+0.0485%1h0.09742+0.288%$199K$646K10xas long as short
Coinbase International XPL-PERP-INTX+0.0824%1h0.09965+2.584%$75K$106K50xas long as short
Kraken Futures PF_XPLUSD+0.3483%1h0.09817+1.061%$397K$806K10xas long as short