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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against dYdX−0.031%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.031% cheaper against dYdX than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XPL-USD0.098620get 0.0000% / 1h31m 48s$8K5x
ShortExtended XPL-USD0.098580.0104get 0.0013% / 1h31m 48s$666K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.031% → 0.000%
−$3.08
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$3.76
Costs to cover
0.150%
Break-even
5.8 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 1 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 dYdX no order-book sample
Sell Extended live order book, 1 min ago2.03 bp6.5 bp −$719.2 bp −$192doesn't fitdoesn't fit
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
GMX XPL/USD [WBTC.b-USDC]L −0.0163% / S +0.0540%1h0.09842−0.199%$113K100xas long as short
Backpack XPL_USDC_PERP−0.0120%1h0.09851−0.107%$184K$273K10xas long as short
01 Exchange XPLUSD−0.0120%1h0.09833−0.289%$572$7085xas long as short
Lighter XPL−0.0056%1h0.09851−0.107%$4.5M$4.2M10xas long as short
Deribit XPL_USDC-PERPETUAL−0.0055%1h0.09835−0.269%$47K$18K25xas long as short
dYdX XPL-USDlong0.0000%1h0.09862long leg$8K5x
Reya XPLRUSDPERP0.0000%1h0.07570−23.233%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0003%1h0.09840−0.218%$77K150xas long as short
Orderly PERP_XPL_USDC+0.0030%4h0.09834−0.279%$30K$335K10xas long as short
Paradex XPL-USD-PERP+0.0045%8h0.09835−0.273%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09838−0.239%$1.5M$2.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09868+0.065%$255K$534K20xas long as short
Pacifica XPL+0.0100%1h0.09843−0.185%$224K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09861−0.005%$45.0M$108.7M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09861−0.005%$47.8M$55.7M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09858−0.036%$8.7M$55.8M50xas long as short
Bulk XPL-USD+0.0100%1h0.09765−0.976%$142K$2K10xas long as short
Gate XPL_USDT+0.0100%4h0.09864+0.025%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09859−0.026%$13.0M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09861−0.005%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09863+0.015%$8.8M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09855−0.066%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09825−0.371%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09827−0.347%$260K$840K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09820−0.421%$25K$87K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09846−0.155%$132K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09820−0.421%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09840−0.218%$203$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09841−0.208%$143K$243K20xas long as short
Extended XPL-USDshort+0.0104%1h0.09858−0.031%$666K$1.1M25x
Aevo XPL-PERP+0.0104%1h0.09835−0.265%$29K$18K3xas long as short
Phoenix XPL+0.0163%1h0.09844−0.178%$199K$655K10xas long as short
Hyperliquid XPL+0.0264%1h0.09879+0.180%$64.0M$47.3M10xas long as short
BloFin XPL-USDT+0.0340%4h0.09832−0.299%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09864+0.025%$73K$96K50xas long as short
Kraken Futures PF_XPLUSD+0.5030%1h0.09889+0.284%$572K$1.0M10xas long as short