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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0714%/8h= −78.2% APRnext payment $0.89 per $10,000 · paid last 24h −0.157%
Price spread now: GMX against Aevo+0.090%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. GMX is 0.090% dearer against Aevo than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.096600.0104pay 0.0013% / 1h24m 31s$29K$18K3x
ShortGMX XPL/USD [WBTC.b-USDC]0.09669L −0.0304% / S +0.0610%pay 0.0076% / 1h24m 31s$107K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$149.95
Price spread: +0.090% → 0.000%
$9.01
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
−$168.94
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; GMX: 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 GMX no order-book sample
Aevo and GMX: 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
01 Exchange XPLUSD−0.0368%1h0.09657−0.031%$561$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]shortL −0.0304% / S +0.0610%1h0.09669+0.090%$107K100x
Deribit XPL_USDC-PERPETUAL−0.0164%1h0.09664+0.041%$46K$18K25xas long as short
Backpack XPL_USDC_PERP−0.0094%1h0.09669+0.093%$176K$188K10xas long as short
Bybit XPLUSDT−0.0027%4h0.09661+0.010%$45.8M$54.1M75xas long as short
dYdX XPL-USD0.0000%1h0.09670+0.105%$9K$5855xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.628%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09670+0.102%$73K150xas long as short
Orderly PERP_XPL_USDC+0.0012%4h0.09661+0.010%$29K$339K10xas long as short
Paradex XPL-USD-PERP+0.0059%8h0.09660−0.004%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL+0.0096%1h0.09655−0.052%$4.4M$3.0M10xas long as short
Nado XPL-PERP+0.0100%1h0.09663+0.031%$1.2M$2.4M10xas long as short
Hyperliquid XPL+0.0100%1h0.09675+0.151%$61.3M$46.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09672+0.126%$252K$422K20xas long as short
Pacifica XPL+0.0100%1h0.09668+0.082%$221K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09660+0.002%$43.9M$100.9M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09661+0.010%$8.2M$48.6M50xas long as short
Gate XPL_USDT+0.0100%4h0.09662+0.021%$3.1M$3.5M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09661+0.010%$12.7M$7.0M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.096600.000%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09672+0.124%$9.0M$9.6M75xas long as short
BingX XPL-USDT+0.0100%4h0.09663+0.031%$7.8Mas long as short
Variational Omni XPL+0.0100%4h0.09668+0.080%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09690+0.309%$262K$1.1M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09680+0.207%$25K$78K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09672+0.123%$129K$2.0M10xas long as short
SunX XPL-USDT+0.0100%4h0.09650−0.104%$2K$1.7M20xas long as short
SoDEX XPL-USD+0.0100%1h0.096600.000%$200$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09663+0.031%$141K$188K20xas long as short
Bulk XPL-USD+0.0100%1h0.09680+0.207%$141K$5K10xas long as short
Extended XPL-USD+0.0104%1h0.09659−0.008%$657K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09660long leg$29K$18K3x
Phoenix XPL+0.0248%1h0.09705+0.466%$196K$573K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09659−0.010%$1.7M$961K75xas long as short
Coinbase International XPL-PERP-INTX+0.0640%1h0.09722+0.642%$75K$76K50xas long as short
Kraken Futures PF_XPLUSD+0.3106%1h0.09697+0.386%$551K$990K10xas long as short