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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0332%/8h= +36.4% APRnext payment +$0.41 per $10,000 · paid last 24h +0.047%
Price spread now: Polymarket Perps against 01 Exchange+0.133%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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Polymarket Perps is 0.133% dearer against 01 Exchange than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XPLUSD0.09702−0.0232get 0.0029% / 1h13m 21s$564$7085x
ShortPolymarket Perps XPL-USD0.097150.0100get 0.0013% / 1h13m 21s$129K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against 01 Exchange. 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
$69.72
Price spread: +0.133% → 0.000%
$13.3
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$68.02
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 6 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 01 Exchange no order-book sample
Sell Polymarket Perps live order book, 6 min ago2.42 bp8.5 bp −$98.6 bp −$86doesn't fitdoesn't fit
01 Exchange: 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
Backpack XPL_USDC_PERP−0.0301%1h0.09724+0.227%$177K$282K10xas long as short
01 Exchange XPLUSDlong−0.0232%1h0.09702long leg$564$7085x
Lighter XPL−0.0216%1h0.097020.000%$4.4M$4.1M10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0114% / S +0.0508%1h0.09708+0.061%$112K100xas long as short
dYdX XPL-USD0.0000%1h0.09722+0.202%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.969%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09712+0.103%$47K$18K25xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09710+0.082%$72K150xas long as short
Orderly PERP_XPL_USDC+0.0071%4h0.09704+0.021%$29K$335K10xas long as short
Paradex XPL-USD-PERP+0.0084%8h0.09714+0.121%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09710+0.088%$1.4M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09720+0.182%$62.9M$47.8M10xas long as short
Aster XPLUSDT+0.0100%4h0.09711+0.094%$251K$527K20xas long as short
Pacifica XPL+0.0100%1h0.09718+0.164%$221K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09706+0.041%$43.8M$107.0M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09710+0.082%$47.8M$54.8M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09704+0.021%$8.9M$53.8M50xas long as short
Bulk XPL-USD+0.0100%1h0.09725+0.232%$142K$9K10xas long as short
Gate XPL_USDT+0.0100%4h0.097020.000%$3.0M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09705+0.031%$12.5M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09711+0.093%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09712+0.103%$8.6M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09709+0.072%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09719+0.178%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09720+0.180%$259K$787K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09730+0.289%$25K$88K50xas long as short
Polymarket Perps XPL-USDshort+0.0100%1h0.09715+0.133%$129K$2.7M10x
SunX XPL-USDT+0.0100%4h0.09710+0.082%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09710+0.082%$447$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09713+0.113%$138K$246K20xas long as short
Extended XPL-USD+0.0104%1h0.09708+0.057%$656K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09711+0.095%$38K$5K3xas long as short
BloFin XPL-USDT+0.0340%4h0.09704+0.021%$1.7M$1.1M75xas long as short
Phoenix XPL+0.0412%1h0.09730+0.289%$197K$652K10xas long as short
Coinbase International XPL-PERP-INTX+0.0792%1h0.09760+0.598%$72K$104K50xas long as short
Kraken Futures PF_XPLUSD+0.4594%1h0.09771+0.715%$561K$995K10xas long as short