data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

XPL

all XPL markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 15:00 UTC−0.1245%/8h
next payment, per $10,000−$1.56paid, last 24h+0.007%paid, last 7 days+0.414%to open and close $10k−$140
Long on Kraken FuturesShort on Backpack
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XPLUSD0.10100.0520pay 0.0065% / 1h49m 04s$138K$383K10x
ShortBackpack XPL_USDC_PERP0.1008−0.0725pay 0.0091% / 1h49m 04s$184K$274K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$261.47
Slippage, 4 orders
−$119.52
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$401
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Backpack: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.158%
Avg gap 7d
−0.016%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 5 min ago41.55 bp62.4 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 6 min ago0.49 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit

XPL on 34 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter XPL−0.1112%1h$4.6M$3.8M10xas long as short
Backpack XPL_USDC_PERPshort−0.0725%1h$184K$274K10x
Deribit XPL_USDC-PERPETUAL−0.0245%1h$46K$10K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0033% / S +0.0447%1h$134K—100xas long as short
dYdX XPL-USD0.0000%1h$8K—5xas long as short
Reya XPLRUSDPERP0.0000%1h———as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h$73K—150xas long as short
Orderly PERP_XPL_USDC+0.0046%4h$28K$331K10xas long as short
Paradex XPL-USD-PERP+0.0094%8h$12K$9465xas long as short
Nado XPL-PERP+0.0100%1h$1.4M$2.2M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h$67.3M$33.6M10xas long as short
Aster XPLUSDT+0.0100%4h$308K$400K20xas long as short
Pacifica XPL+0.0100%1h$228K$18K10xas long as short
Binance XPLUSDT+0.0100%4h$47.4M$87.0M75xas long as short
Bybit XPLUSDT+0.0100%4h$49.2M$43.8M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h$9.9M$50.5M50xas long as short
Bulk XPL-USD+0.0100%1h$143K$35K10xas long as short
Gate XPL_USDT+0.0100%4h$3.1M$3.7M75xas long as short
MEXC XPL_USDT+0.0100%4h$14.1M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h$2.7M$1.3M50xas long as short
Bitget XPLUSDT+0.0100%4h$9.0M$10.0M75xas long as short
BingX XPL-USDT+0.0100%4h—$7.9M—as long as short
Variational Omni XPL+0.0100%4h$1.8M$1.4M—as long as short
ApeX Omni XPLUSDT+0.0100%1h$31K$83K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h$137K$3.6M10xas long as short
SunX XPL-USDT+0.0100%4h$3K$1.8M20xas long as short
SoDEX XPL-USD+0.0100%1h$303$9K10xas long as short
HTX XPL-USDT+0.0100%4h$149K$251K20xas long as short
Extended XPL-USD+0.0104%1h$643K$752K25xas long as short
Aevo XPL-PERP+0.0104%1h$39K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h$2.0M$1.1M75xas long as short
Phoenix XPL+0.0391%1h$219K$528K10xas long as short
Kraken Futures PF_XPLUSDlong+0.0520%1h$138K$383K10x
Coinbase International XPL-PERP-INTX+0.0880%1h$107K$121K50xas long as short