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−0.0101%/8h= −11.1% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Aevo+0.125%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 feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.125% dearer against Aevo than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.098770.0104pay 0.0013% / 1h3m 46s$29K$18K3x
ShortgTrade (Gains Network) XPL/USD0.09889L +0.0005% / S −0.0003%get 0.0000% / 1h3m 46s$59K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. 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
−$21.2
Price spread: +0.125% → 0.000%
$12.46
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$34.74
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample
Sell gTrade (Gains Network) no order-book sample
Aevo and 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
Deribit XPL_USDC-PERPETUAL−0.0357%1h0.09872−0.048%$47K$18K25xas long as short
01 Exchange XPLUSD−0.0200%1h0.09895+0.185%$575$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0177% / S +0.0549%1h0.09891+0.148%$114K100xas long as short
Lighter XPL0.0000%1h0.09815−0.625%$4.4M$4.2M10xas long as short
dYdX XPL-USD0.0000%1h0.09829−0.486%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−23.351%as long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0003%1h0.09889+0.125%$59K150x
Orderly PERP_XPL_USDC+0.0018%4h0.09869−0.078%$30K$335K10xas long as short
Paradex XPL-USD-PERP+0.0050%8h0.09825−0.528%$13K$2K5xas long as short
OKX XPL-USDT-SWAP+0.0065%4h0.09800−0.777%$8.8M$55.5M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09891+0.145%$1.5M$2.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09847−0.296%$259K$539K20xas long as short
Pacifica XPL+0.0100%1h0.09830−0.471%$224K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09820−0.574%$45.0M$108.8M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09813−0.645%$47.8M$56.2M75xas long as short
Bulk XPL-USD+0.0100%1h0.09909+0.328%$144K$2K10xas long as short
Gate XPL_USDT+0.0100%4h0.09848−0.291%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09811−0.665%$13.1M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09824−0.534%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09837−0.402%$8.8M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09829−0.483%$8.0Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09862−0.149%$184K$243K10xas long as short
Variational Omni XPL+0.0100%4h0.09881+0.040%$1.8M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09910+0.337%$263K$844K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09930+0.540%$26K$89K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09906+0.301%$133K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09880+0.033%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09860−0.169%$496$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09895+0.185%$143K$243K20xas long as short
Extended XPL-USD+0.0104%1h0.09842−0.350%$670K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09877long leg$29K$18K3x
Phoenix XPL+0.0163%1h0.09897+0.206%$200K$655K10xas long as short
Hyperliquid XPL+0.0166%1h0.09845−0.319%$63.8M$47.0M10xas long as short
BloFin XPL-USDT+0.0340%4h0.09889+0.125%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09980+1.046%$74K$97K50xas long as short
Kraken Futures PF_XPLUSD+0.5018%1h0.09914+0.376%$573K$1.0M10xas long as short