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−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against Aevo+0.104%50s7-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 airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.104% dearer against Aevo than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.095900.0104pay 0.0013% / 1h53m 38s$28K$18K3x
ShortNado XPL-PERP0.096000.0100get 0.0012% / 1h53m 38s$1.2M$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$0.84
Price spread: +0.104% → 0.000%
$10.43
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$13.41
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 5 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 Aevo no order-book sample
Sell Nado live order book, 5 min ago0.52 bp6.9 bp −$714.6 bp −$146doesn't fitdoesn't fit
Aevo: 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 35 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−0.0717%1h0.09586−0.042%$177K$241K10xas long as short
01 Exchange XPLUSD−0.0376%1h0.09600+0.104%$558$7085xas long as short
Deribit XPL_USDC-PERPETUAL−0.0375%1h0.09591+0.010%$46K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0213% / S +0.0572%1h0.09587−0.029%$110K100xas long as short
Lighter XPL−0.0096%1h0.095900.000%$4.3M$4.2M10xas long as short
Orderly PERP_XPL_USDC−0.0003%4h0.095900.000%$29K$335K10xas long as short
dYdX XPL-USD0.0000%1h0.09604+0.142%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.058%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09589−0.008%$74K150xas long as short
OKX XPL-USDT-SWAP+0.0035%4h0.09606+0.167%$8.3M$53.0M50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPL-USD-PERP+0.0044%8h0.09604+0.146%$12K$2K5xas long as short
Nado XPL-PERPshort+0.0100%1h0.09600+0.104%$1.2M$2.8M10x
Hyperliquid XPL+0.0100%1h0.09600+0.107%$60.9M$47.5M10xas long as short
Aster XPLUSDT+0.0100%4h0.09599+0.092%$244K$499K20xas long as short
Pacifica XPL+0.0100%1h0.09604+0.150%$218K$47K10xas long as short
Binance XPLUSDT+0.0100%4h0.09606+0.165%$43.6M$107.8M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09602+0.125%$46.0M$56.0M75xas long as short
Bulk XPL-USD+0.0100%1h0.09640+0.521%$140K$7K10xas long as short
Gate XPL_USDT+0.0100%4h0.09596+0.063%$3.0M$3.7M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09597+0.073%$12.4M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09593+0.031%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09605+0.156%$8.5M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09605+0.156%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09669+0.823%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09642+0.543%$259K$900K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09630+0.417%$25K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09589−0.011%$130K$2.6M10xas long as short
SunX XPL-USDT+0.0100%4h0.09570−0.209%$2K$1.9M20xas long as short
SoDEX XPL-USD+0.0100%1h0.095900.000%$2K$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09600+0.104%$142K$253K20xas long as short
Extended XPL-USD+0.0104%1h0.09598+0.083%$640K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09590long leg$28K$18K3x
Phoenix XPL+0.0328%1h0.09633+0.448%$195K$629K10xas long as short
Coinbase International XPL-PERP-INTX+0.0672%1h0.09522−0.709%$75K$90K50xas long as short
Kraken Futures PF_XPLUSD+0.3569%1h0.09630+0.421%$546K$1.0M10xas long as short