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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.031%
Price spread now: dYdX against Aevo+0.086%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.086% dearer against Aevo than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.094600.0072pay 0.0009% / 1h54m 53s$28K$18K3x
ShortdYdX XPL-USD0.094680get 0.0000% / 1h54m 53s$9K$6005x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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: +0.086% → 0.000%
$8.6
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$32.52
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample
Sell dYdX no order-book sample
Aevo and 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 exchanges

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−0.0768%1h0.09457−0.032%$4.3M$3.0M10xas long as short
01 Exchange XPLUSD−0.0584%1h0.09455−0.053%$550$8735xas long as short
Deribit XPL_USDC-PERPETUAL−0.0489%1h0.09465+0.053%$47K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0416% / S +0.0677%1h0.09468+0.080%$105K100xas long as short
Bybit XPLUSDT−0.0247%4h0.09456−0.042%$44.6M$52.1M75xas long as short
Extended XPL-USD−0.0152%1h0.09455−0.049%$601K$1.1M25xas long as short
Paradex XPL-USD-PERP−0.0116%8h0.09462+0.022%$12K$6965xas long as short
Orderly PERP_XPL_USDC−0.0088%4h0.09459−0.011%$30K$185K10xas long as short
OKX XPL-USDT-SWAP−0.0049%4h0.09461+0.011%$7.4M$46.4M50xas long as short
Binance XPLUSDT−0.0027%4h0.09455−0.053%$43.4M$95.7M75xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XPL_USDT−0.0024%4h0.09457−0.032%$13.3M$6.3M100xas long as short
Backpack XPL_USDC_PERP−0.0014%1h0.09468+0.085%$178K$170K10xas long as short
dYdX XPL-USDshort0.0000%1h0.09468+0.086%$9K$6005x
Reya XPLRUSDPERP0.0000%1h0.07571−19.972%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09487+0.283%$72K150xas long as short
Gate XPL_USDT+0.0022%4h0.09456−0.042%$2.9M$3.2M75xas long as short
Aevo XPL-PERPlong+0.0072%1h0.09460long leg$28K$18K3x
Nado XPL-PERP+0.0100%1h0.09464+0.048%$1.2M$2.2M10xas long as short
Hyperliquid XPL+0.0100%1h0.09476+0.167%$60.1M$42.1M10xas long as short
Aster XPLUSDT+0.0100%4h0.09468+0.087%$252K$360K20xas long as short
Pacifica XPL+0.0100%1h0.09470+0.106%$216K$46K10xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09467+0.074%$2.4M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09464+0.042%$8.8M$9.9M75xas long as short
BingX XPL-USDT+0.0100%4h0.09455−0.053%$7.7Mas long as short
Variational Omni XPL+0.0100%4h0.09453−0.073%$1.7M$1.8Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09480+0.211%$259K$1.3M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09500+0.423%$25K$68K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09475+0.159%$124K$1.2M10xas long as short
SunX XPL-USDT+0.0100%4h0.09450−0.106%$3K$1.5M20xas long as short
SoDEX XPL-USD+0.0100%1h0.094600.000%$181$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09470+0.106%$134K$209K20xas long as short
Bulk XPL-USD+0.0100%1h0.09455−0.053%$138K$5K10xas long as short
Phoenix XPL+0.0166%1h0.09471+0.116%$191K$435K10xas long as short
BloFin XPL-USDT+0.0215%4h0.09465+0.053%$1.7M$826K75xas long as short
Coinbase International XPL-PERP-INTX+0.0712%1h0.09538+0.825%$64K$91K50xas long as short
Kraken Futures PF_XPLUSD+0.1349%1h0.09487+0.281%$553K$992K10xas long as short