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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0524%/8h= +57.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.051%
Price spread now: Pacifica against 01 Exchange+0.031%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 4 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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and Pacifica is 0.031% dearer against 01 Exchange than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XPLUSD0.09567−0.0424get 0.0053% / 1h44m 30s$556$7085x
ShortPacifica XPL0.095700.0100get 0.0013% / 1h44m 30s$218K$47K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$110.04
Price spread: +0.031% → 0.000%
$3.14
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$98.18
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: live order book, 18 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 Pacifica live order book, 18 min ago10.35 bp20.4 bp −$20doesn't fitdoesn'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
Backpack XPL_USDC_PERP−0.0710%1h0.09571+0.042%$179K$242K10xas long as short
01 Exchange XPLUSDlong−0.0424%1h0.09567long leg$556$7085x
GMX XPL/USD [WBTC.b-USDC]L −0.0245% / S +0.0574%1h0.09582+0.159%$105K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0168%1h0.095670.000%$46K$18K25xas long as short
Orderly PERP_XPL_USDC−0.0004%4h0.09581+0.146%$29K$335K10xas long as short
dYdX XPL-USD0.0000%1h0.09564−0.034%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−20.866%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09583+0.168%$72K150xas long as short
Lighter XPL+0.0008%1h0.09561−0.063%$4.3M$4.2M10xas long as short
OKX XPL-USDT-SWAP+0.0033%4h0.09586+0.199%$8.2M$53.1M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPL-USD-PERP+0.0050%8h0.09567−0.004%$12K$2K5xas long as short
Nado XPL-PERP+0.0100%1h0.09577+0.102%$1.2M$2.8M10xas long as short
Hyperliquid XPL+0.0100%1h0.09586+0.201%$60.3M$48.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09580+0.136%$243K$500K20xas long as short
Pacifica XPLshort+0.0100%1h0.09570+0.031%$218K$47K10x
Binance XPLUSDT+0.0100%4h0.09577+0.106%$43.5M$108.6M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09579+0.125%$45.5M$56.8M75xas long as short
Bulk XPL-USD+0.0100%1h0.09540−0.282%$139K$7K10xas long as short
Gate XPL_USDT+0.0100%4h0.09575+0.084%$2.9M$3.7M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09578+0.115%$12.3M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09569+0.021%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09582+0.157%$8.5M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09582+0.157%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09526−0.430%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09550−0.178%$258K$901K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09550−0.178%$25K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09582+0.157%$127K$2.6M10xas long as short
SunX XPL-USDT+0.0100%4h0.09550−0.178%$3K$1.9M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09560−0.073%$2K$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09558−0.094%$144K$264K20xas long as short
Extended XPL-USD+0.0104%1h0.09568+0.013%$629K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09559−0.084%$28K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09573+0.063%$194K$629K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09561−0.063%$1.7M$1.0M75xas long as short
Coinbase International XPL-PERP-INTX+0.0672%1h0.09574+0.073%$74K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.3584%1h0.09592+0.262%$544K$1.0M10xas long as short