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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: ApeX Omni against dYdX−0.053%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.053% cheaper against dYdX than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XPL-USD0.096550get 0.0000% / 1h11m 29s$9K$6005x
ShortApeX Omni XPLUSDT0.096500.0100get 0.0013% / 1h11m 29s$25K$75K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
Price spread: −0.053% → 0.000%
−$5.35
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$4.35
Costs to cover
0.200%
Break-even
8.4 days
Slippage unknown: dYdX: no order-book sample; ApeX Omni: 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 dYdX no order-book sample
Sell ApeX Omni no order-book sample
dYdX and ApeX Omni: 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
Lighter XPL−0.1096%1h0.09631−0.250%$4.4M$3.2M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0313% / S +0.0615%1h0.09661+0.057%$106K100xas long as short
01 Exchange XPLUSD−0.0312%1h0.09659+0.040%$562$8735xas long as short
Orderly PERP_XPL_USDC−0.0006%4h0.09655−0.002%$30K$266K10xas long as short
dYdX XPL-USDlong0.0000%1h0.09655long leg$9K$6005x
Reya XPLRUSDPERP0.0000%1h0.07571−21.587%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09662+0.071%$46K$18K25xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09648−0.072%$73K150xas long as short
Paradex XPL-USD-PERP+0.0065%8h0.09645−0.102%$13K$6965xas long as short
Nado XPL-PERP+0.0100%1h0.09666+0.117%$1.3M$2.2M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h0.09680+0.254%$61.2M$46.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09670+0.154%$255K$420K20xas long as short
Pacifica XPL+0.0100%1h0.09651−0.040%$221K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09663+0.079%$44.0M$97.4M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09657+0.019%$46.1M$53.3M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09654−0.012%$7.9M$48.1M50xas long as short
Bulk XPL-USD+0.0100%1h0.09655−0.002%$141K$010xas long as short
Gate XPL_USDT+0.0100%4h0.09665+0.102%$3.1M$3.4M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09660+0.050%$12.7M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09653−0.022%$2.3M$1.2M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09671+0.164%$9.1M$9.8M75xas long as short
BingX XPL-USDT+0.0100%4h0.09658+0.029%$7.8Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09658+0.029%$181K$189K10xas long as short
Variational Omni XPL+0.0100%4h0.09658+0.027%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09647−0.085%$263K$1.3M10xas long as short
ApeX Omni XPLUSDTshort+0.0100%1h0.09650−0.053%$25K$75K50x
Polymarket Perps XPL-USD+0.0100%1h0.09674+0.197%$126K$1.8M10xas long as short
SunX XPL-USDT+0.0100%4h0.09630−0.261%$3K$1.6M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09660+0.050%$200$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09646−0.095%$133K$213K20xas long as short
Extended XPL-USD+0.0104%1h0.09641−0.149%$604K$1.2M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09660+0.050%$29K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09667+0.123%$196K$506K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09645−0.105%$1.7M$937K75xas long as short
Coinbase International XPL-PERP-INTX+0.0664%1h0.09718+0.651%$66K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2826%1h0.09690+0.358%$550K$932K10xas long as short