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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: gTrade (Gains Network) against dYdX+0.009%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XPL-USD0.095470get 0.0000% / 1h39m 22s$8K5x
ShortgTrade (Gains Network) XPL/USD0.09548L +0.0005% / S −0.0004%get 0.0000% / 1h39m 22s$72K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$0.83
Price spread: +0.009% → 0.000%
$0.87
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$18.3
Costs to cover
0.200%
Break-even
160.6 days
Slippage unknown: dYdX: 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 dYdX no order-book sample
Sell gTrade (Gains Network) no order-book sample
dYdX 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
01 Exchange XPLUSD−0.0344%1h0.09528−0.202%$554$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0298% / S +0.0607%1h0.09549+0.020%$105K100xas long as short
Bybit XPLUSDT−0.0092%4h0.09536−0.118%$45.1M$55.1M75xas long as short
dYdX XPL-USDlong0.0000%1h0.09547long leg$8K5x
Reya XPLRUSDPERP0.0000%1h0.07571−20.703%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09565+0.186%$46K$18K25xas long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0004%1h0.09548+0.009%$72K150x
Orderly PERP_XPL_USDC+0.0009%4h0.09538−0.097%$29K$339K10xas long as short
Backpack XPL_USDC_PERP+0.0039%1h0.09564+0.175%$178K$225K10xas long as short
Paradex XPL-USD-PERP+0.0076%8h0.09533−0.147%$12K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL+0.0096%1h0.09543−0.045%$4.3M$3.3M10xas long as short
Nado XPL-PERP+0.0100%1h0.09544−0.040%$1.2M$2.7M10xas long as short
Hyperliquid XPL+0.0100%1h0.09553+0.061%$59.8M$46.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09539−0.082%$240K$463K20xas long as short
Pacifica XPL+0.0100%1h0.09552+0.052%$218K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09543−0.041%$43.3M$103.0M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09540−0.076%$8.3M$49.1M50xas long as short
Bulk XPL-USD+0.0100%1h0.09530−0.181%$139K$5K10xas long as short
Gate XPL_USDT+0.0100%4h0.09542−0.055%$3.0M$3.6M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09545−0.024%$12.3M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09550+0.028%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09551+0.039%$8.5M$10.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09542−0.055%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09545−0.027%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09574+0.276%$256K$962K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09570+0.238%$25K$79K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09553+0.061%$127K$2.0M10xas long as short
SunX XPL-USDT+0.0100%4h0.09550+0.028%$2K$1.8M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09560+0.133%$191$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09579+0.332%$140K$217K20xas long as short
Extended XPL-USD+0.0104%1h0.09532−0.165%$646K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09562+0.153%$28K$18K3xas long as short
Phoenix XPL+0.0334%1h0.09570+0.238%$194K$617K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09555+0.081%$1.7M$981K75xas long as short
Coinbase International XPL-PERP-INTX+0.0616%1h0.09583+0.374%$74K$86K50xas long as short
Kraken Futures PF_XPLUSD+0.3327%1h0.09588+0.430%$543K$975K10xas long as short