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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Aevo against dYdX+0.073%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.073% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XPL-USD0.097080get 0.0000% / 1h43m 28s$8K5x
ShortAevo XPL-PERP0.097150.0104get 0.0013% / 1h43m 28s$29K$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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
$21.84
Price spread: +0.073% → 0.000%
$7.27
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$3.11
Costs to cover
0.260%
Break-even
6.0 days
Slippage unknown: dYdX: no order-book sample; Aevo: 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 dYdX no order-book sample
Sell Aevo no order-book sample
dYdX and Aevo: 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−0.0216%1h0.09710+0.025%$565$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0188% / S +0.0555%1h0.09698−0.095%$111K100xas long as short
Backpack XPL_USDC_PERP−0.0114%1h0.09730+0.231%$180K$242K10xas long as short
Lighter XPL−0.0024%1h0.09699−0.088%$4.4M$4.2M10xas long as short
dYdX XPL-USDlong0.0000%1h0.09708long leg$8K5x
Reya XPLRUSDPERP0.0000%1h0.07571−22.012%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0003%1h0.09702−0.054%$78K150xas long as short
Orderly PERP_XPL_USDC+0.0007%4h0.09708+0.005%$29K$335K10xas long as short
Paradex XPL-USD-PERP+0.0057%8h0.09718+0.111%$13K$2K5xas long as short
Deribit XPL_USDC-PERPETUAL+0.0059%1h0.09716+0.087%$47K$18K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX XPL-USDT-SWAP+0.0060%4h0.09694−0.140%$8.4M$56.0M50xas long as short
Nado XPL-PERP+0.0100%1h0.09706−0.016%$1.2M$2.8M10xas long as short
Hyperliquid XPL+0.0100%1h0.09714+0.062%$62.9M$47.9M10xas long as short
Aster XPLUSDT+0.0100%4h0.09729+0.225%$247K$550K20xas long as short
Pacifica XPL+0.0100%1h0.09715+0.077%$221K$47K10xas long as short
Binance XPLUSDT+0.0100%4h0.09706−0.019%$44.2M$110.9M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09699−0.088%$46.7M$58.2M75xas long as short
Gate XPL_USDT+0.0100%4h0.09701−0.067%$3.0M$3.8M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09703−0.047%$12.9M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09697−0.109%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09703−0.047%$8.5M$11.5M75xas long as short
BingX XPL-USDT+0.0100%4h0.09703−0.047%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09678−0.304%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09680−0.287%$264K$858K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09720+0.128%$25K$90K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09711+0.031%$130K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09670−0.387%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09720+0.128%$203$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09676−0.325%$141K$255K20xas long as short
Bulk XPL-USD+0.0100%1h0.09710+0.029%$141K$7K10xas long as short
Extended XPL-USD+0.0104%1h0.09705−0.028%$655K$1.1M25xas long as short
Aevo XPL-PERPshort+0.0104%1h0.09715+0.073%$29K$18K3x
Phoenix XPL+0.0328%1h0.09693−0.150%$196K$657K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09706−0.016%$1.8M$1.1M75xas long as short
Coinbase International XPL-PERP-INTX+0.0496%1h0.09692−0.160%$79K$102K50xas long as short
Kraken Futures PF_XPLUSD+0.4389%1h0.09745+0.388%$552K$1.0M10xas long as short