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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against Extended+0.074%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 6 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
The price spread pays, funding is against you. dYdX is 0.074% dearer against Extended than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.095510.0072pay 0.0009% / 1h17m 33s$597K$1.2M25x
ShortdYdX XPL-USD0.095580get 0.0000% / 1h17m 33s$9K$6005x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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
−$15.12
Price spread: +0.074% → 0.000%
$7.4
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$22.72
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 1 min ago; dYdX: 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 Extended live order book, 1 min ago0.52 bp4.3 bp −$418.4 bp −$184doesn't fitdoesn't fit
Sell dYdX no order-book sample
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
Lighter XPL−0.1440%1h0.09540−0.115%$4.3M$3.2M10xas long as short
01 Exchange XPLUSD−0.0496%1h0.09549−0.021%$555$8735xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0234% / S +0.0570%1h0.09553+0.020%$105K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0064%1h0.09554+0.031%$46K$18K25xas long as short
Paradex XPL-USD-PERP−0.0040%8h0.09552+0.014%$12K$6965xas long as short
Orderly PERP_XPL_USDC−0.0028%4h0.09547−0.042%$30K$279K10xas long as short
Bybit XPLUSDT−0.0022%4h0.09545−0.063%$45.5M$54.0M75xas long as short
dYdX XPL-USDshort0.0000%1h0.09558+0.074%$9K$6005x
Reya XPLRUSDPERP0.0000%1h0.07571−20.733%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09554+0.028%$72K150xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX XPL-USDT-SWAP+0.0057%4h0.09545−0.063%$7.7M$47.8M50xas long as short
Extended XPL-USDlong+0.0072%1h0.09551long leg$597K$1.2M25x
Nado XPL-PERP+0.0100%1h0.09550−0.005%$1.3M$2.2M10xas long as short
Hyperliquid XPL+0.0100%1h0.09563+0.123%$60.3M$46.0M10xas long as short
Aster XPLUSDT+0.0100%4h0.09559+0.083%$252K$419K20xas long as short
Pacifica XPL+0.0100%1h0.09564+0.132%$219K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09551+0.004%$43.2M$97.9M75xas long as short
Gate XPL_USDT+0.0100%4h0.09555+0.042%$2.9M$3.4M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09549−0.021%$12.4M$6.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09542−0.094%$2.3M$1.2M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09556+0.052%$9.0M$9.9M75xas long as short
BingX XPL-USDT+0.0100%4h0.09547−0.042%$7.8Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09555+0.042%$179K$189K10xas long as short
Variational Omni XPL+0.0100%4h0.09516−0.368%$1.7M$2.0Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09547−0.045%$254K$1.3M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09560+0.094%$25K$75K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09556+0.055%$125K$1.8M10xas long as short
SunX XPL-USDT+0.0100%4h0.09530−0.220%$2K$1.6M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09550−0.011%$195$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09546−0.053%$132K$212K20xas long as short
Bulk XPL-USD+0.0100%1h0.09555+0.042%$139K$010xas long as short
Aevo XPL-PERP+0.0104%1h0.09548−0.034%$28K$18K3xas long as short
Phoenix XPL+0.0249%1h0.09563+0.125%$194K$495K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09562+0.115%$1.7M$925K75xas long as short
Coinbase International XPL-PERP-INTX+0.0808%1h0.09620+0.722%$65K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2733%1h0.09597+0.482%$541K$939K10xas long as short