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+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Extended against dYdX−0.110%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.110% cheaper against dYdX than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XPL-USD0.095780get 0.0000% / 1h5m 55s$8K5x
ShortExtended XPL-USD0.095680.0104get 0.0013% / 1h5m 55s$634K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.84
Price spread: −0.110% → 0.000%
−$11.04
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$4.2
Costs to cover
0.150%
Break-even
8.3 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 2 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 dYdX no order-book sample
Sell Extended live order book, 2 min ago2.08 bp8.2 bp −$820.9 bp −$209doesn't fitdoesn't fit
dYdX: 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−0.0400%1h0.09554−0.251%$555$7085xas long as short
Backpack XPL_USDC_PERP−0.0296%1h0.09571−0.074%$178K$224K10xas long as short
Deribit XPL_USDC-PERPETUAL−0.0272%1h0.09568−0.105%$46K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0272% / S +0.0590%1h0.09570−0.080%$105K100xas long as short
Bybit XPLUSDT−0.0136%4h0.09560−0.189%$45.3M$56.3M75xas long as short
Orderly PERP_XPL_USDC0.0000%4h0.09566−0.126%$29K$335K10xas long as short
dYdX XPL-USDlong0.0000%1h0.09578long leg$8K5x
Reya XPLRUSDPERP0.0000%1h0.07571−20.959%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09574−0.043%$72K150xas long as short
OKX XPL-USDT-SWAP+0.0055%4h0.09567−0.116%$8.2M$51.5M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPL-USD-PERP+0.0060%8h0.09569−0.091%$12K$2K5xas long as short
Lighter XPL+0.0096%1h0.09561−0.178%$4.3M$4.2M10xas long as short
Nado XPL-PERP+0.0100%1h0.09567−0.111%$1.2M$2.8M10xas long as short
Hyperliquid XPL+0.0100%1h0.09583+0.048%$60.1M$48.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09578+0.002%$243K$490K20xas long as short
Pacifica XPL+0.0100%1h0.09579+0.010%$219K$48K10xas long as short
Binance XPLUSDT+0.0100%4h0.09567−0.116%$43.3M$107.3M75xas long as short
Bulk XPL-USD+0.0100%1h0.09643+0.682%$140K$5K10xas long as short
Gate XPL_USDT+0.0100%4h0.09565−0.137%$3.0M$3.8M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09569−0.095%$12.4M$8.0M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09569−0.095%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09572−0.064%$8.5M$10.8M75xas long as short
BingX XPL-USDT+0.0100%4h0.09569−0.095%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09560−0.193%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09596+0.188%$263K$941K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09600+0.229%$25K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09577−0.013%$127K$2.2M10xas long as short
SunX XPL-USDT+0.0100%4h0.09550−0.293%$3K$1.9M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09560−0.189%$2K$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09592+0.145%$144K$254K20xas long as short
Extended XPL-USDshort+0.0104%1h0.09568−0.110%$634K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09565−0.137%$28K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09638+0.626%$195K$629K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09577−0.011%$1.7M$1.0M75xas long as short
Coinbase International XPL-PERP-INTX+0.0672%1h0.09670+0.960%$75K$87K50xas long as short
Kraken Futures PF_XPLUSD+0.3577%1h0.09609+0.323%$545K$1.0M10xas long as short