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 $0.12 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against Nado+0.075%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.075% dearer against Nado than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XPL-PERP0.096220.0100pay 0.0012% / 1h23m 30s$1.2M$2.2M10x
ShortdYdX XPL-USD0.096290get 0.0000% / 1h23m 30s$9K$6005x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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: +0.075% → 0.000%
$7.46
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$30.54
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 5 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 Nado live order book, 5 min ago1.57 bp7.9 bp −$834.9 bp −$349doesn'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−0.1144%1h0.09607−0.156%$4.3M$3.2M10xas long as short
01 Exchange XPLUSD−0.0344%1h0.09610−0.125%$641$7905xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0313% / S +0.0615%1h0.09627+0.050%$106K100xas long as short
Orderly PERP_XPL_USDC−0.0007%4h0.09621−0.010%$30K$266K10xas long as short
dYdX XPL-USDshort0.0000%1h0.09629+0.075%$9K$6005x
Reya XPLRUSDPERP0.0000%1h0.07571−21.320%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09627+0.052%$46K$18K25xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09626+0.039%$73K150xas long as short
Paradex XPL-USD-PERP+0.0063%8h0.09625+0.027%$13K$6965xas long as short
Nado XPL-PERPlong+0.0100%1h0.09622long leg$1.2M$2.2M10x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h0.09636+0.149%$60.8M$46.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09624+0.017%$254K$415K20xas long as short
Pacifica XPL+0.0100%1h0.09628+0.063%$220K$47K10xas long as short
Binance XPLUSDT+0.0100%4h0.09619−0.031%$43.5M$97.0M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09615−0.073%$45.9M$53.2M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09617−0.052%$7.9M$47.8M50xas long as short
Bulk XPL-USD+0.0100%1h0.09565−0.592%$139K$010xas long as short
Gate XPL_USDT+0.0100%4h0.09623+0.010%$3.0M$3.4M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09623+0.010%$12.6M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09626+0.042%$2.3M$1.3M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09623+0.010%$8.9M$9.6M75xas long as short
BingX XPL-USDT+0.0100%4h0.09616−0.062%$7.8Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09626+0.042%$178K$188K10xas long as short
Variational Omni XPL+0.0100%4h0.09617−0.054%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09593−0.306%$254K$1.2M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09600−0.229%$25K$75K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09624+0.020%$126K$1.8M10xas long as short
SunX XPL-USDT+0.0100%4h0.09600−0.229%$2K$1.6M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09620−0.021%$200$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09619−0.031%$133K$213K20xas long as short
Extended XPL-USD+0.0104%1h0.09615−0.071%$605K$1.2M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09622+0.004%$29K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09592−0.312%$194K$506K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09618−0.042%$1.7M$936K75xas long as short
Coinbase International XPL-PERP-INTX+0.0664%1h0.09718+0.998%$66K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2835%1h0.09658+0.372%$547K$933K10xas long as short