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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Aevo+0.058%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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.058% dearer against Aevo than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XPL-PERP0.096000.0104pay 0.0013% / 1h17m 39s$28K$18K3x
ShortgTrade (Gains Network) XPL/USD0.09606L +0.0005% / S −0.0004%get 0.0000% / 1h17m 39s$72K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.01
Price spread: +0.058% → 0.000%
$5.82
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$41.18
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Aevo and gTrade (Gains Network): 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
01 Exchange XPLUSD−0.0368%1h0.09597−0.031%$558$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0315% / S +0.0617%1h0.09603+0.034%$106K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0166%1h0.09603+0.031%$46K$18K25xas long as short
Bybit XPLUSDT−0.0092%4h0.09618+0.188%$45.6M$54.7M75xas long as short
Backpack XPL_USDC_PERP−0.0056%1h0.09614+0.146%$178K$223K10xas long as short
dYdX XPL-USD0.0000%1h0.09614+0.142%$9K$5855xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.139%as long as short
gTrade (Gains Network) XPL/USDshortL +0.0005% / S −0.0004%1h0.09606+0.058%$72K150x
Orderly PERP_XPL_USDC+0.0014%4h0.09596−0.042%$29K$339K10xas long as short
Paradex XPL-USD-PERP+0.0081%8h0.09620+0.213%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL+0.0096%1h0.09610+0.104%$4.3M$3.3M10xas long as short
Gate XPL_USDT+0.0096%4h0.09617+0.177%$3.0M$3.6M75xas long as short
Nado XPL-PERP+0.0100%1h0.09600+0.005%$1.2M$2.6M10xas long as short
Hyperliquid XPL+0.0100%1h0.09634+0.357%$60.8M$46.7M10xas long as short
Aster XPLUSDT+0.0100%4h0.09620+0.206%$242K$469K20xas long as short
Pacifica XPL+0.0100%1h0.09628+0.293%$220K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09622+0.228%$43.7M$103.1M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09629+0.302%$8.3M$49.3M50xas long as short
MEXC XPL_USDT+0.0100%4h0.09621+0.219%$12.3M$7.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09613+0.135%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09633+0.344%$8.7M$10.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09628+0.292%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09603+0.028%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09624+0.251%$253K$983K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09620+0.208%$25K$78K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09609+0.094%$124K$2.0M10xas long as short
SunX XPL-USDT+0.0100%4h0.09580−0.208%$3K$1.8M20xas long as short
SoDEX XPL-USD+0.0100%1h0.096000.000%$197$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09599−0.010%$140K$206K20xas long as short
Bulk XPL-USD+0.0100%1h0.09630+0.313%$140K$5K10xas long as short
Extended XPL-USD+0.0104%1h0.09616+0.166%$653K$1.1M25xas long as short
Aevo XPL-PERPlong+0.0104%1h0.09600long leg$28K$18K3x
Phoenix XPL+0.0334%1h0.09624+0.250%$195K$617K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09608+0.083%$1.7M$983K75xas long as short
Coinbase International XPL-PERP-INTX+0.0616%1h0.09676+0.792%$75K$87K50xas long as short
Kraken Futures PF_XPLUSD+0.3308%1h0.09643+0.445%$547K$975K10xas long as short