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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Extended+0.146%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.146% dearer against Extended than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.096160.0104pay 0.0013% / 1h49m 43s$606K$1.2M25x
ShortSoDEX XPL-USD0.096300.0100get 0.0013% / 1h49m 43s$202$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Extended. 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
−$0.84
Price spread: +0.146% → 0.000%
$14.64
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$0.8
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: live order book, 4 min ago; SoDEX: 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 Extended live order book, 4 min ago0.52 bp4.3 bp −$421.4 bp −$214doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Lighter XPL−0.0728%1h0.09605−0.114%$4.3M$3.1M10xas long as short
01 Exchange XPLUSD−0.0456%1h0.09629+0.136%$560$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0313% / S +0.0615%1h0.09636+0.207%$106K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0269%1h0.09631+0.157%$46K$18K25xas long as short
Backpack XPL_USDC_PERP−0.0023%1h0.09636+0.209%$178K$190K10xas long as short
dYdX XPL-USD0.0000%1h0.09627+0.116%$9K$6005xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.268%as long as short
Orderly PERP_XPL_USDC+0.0002%4h0.09627+0.115%$30K$280K10xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09636+0.204%$73K150xas long as short
Paradex XPL-USD-PERP+0.0051%8h0.09614−0.022%$12K$6965xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09622+0.063%$1.2M$2.2M10xas long as short
Hyperliquid XPL+0.0100%1h0.09633+0.173%$60.9M$46.3M10xas long as short
Aster XPLUSDT+0.0100%4h0.09624+0.087%$254K$415K20xas long as short
Pacifica XPL+0.0100%1h0.09624+0.079%$220K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09615−0.010%$43.5M$97.4M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09616+0.001%$45.6M$52.9M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09617+0.011%$8.0M$47.9M50xas long as short
Bulk XPL-USD+0.0100%1h0.09620+0.042%$140K$010xas long as short
Gate XPL_USDT+0.0100%4h0.09626+0.105%$3.0M$3.3M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09615−0.010%$12.6M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09620+0.042%$2.3M$1.3M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09625+0.094%$8.9M$9.5M75xas long as short
BingX XPL-USDT+0.0100%4h0.09620+0.042%$7.8Mas long as short
Variational Omni XPL+0.0100%4h0.09621+0.052%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09624+0.087%$255K$1.2M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09630+0.146%$25K$77K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09640+0.251%$126K$1.8M10xas long as short
SunX XPL-USDT+0.0100%4h0.09610−0.062%$3K$1.6M20xas long as short
SoDEX XPL-USDshort+0.0100%1h0.09630+0.146%$202$9K10x
HTX XPL-USDT+0.0100%4h0.09612−0.041%$133K$215K20xas long as short
Extended XPL-USDlong+0.0104%1h0.09616long leg$606K$1.2M25x
Aevo XPL-PERP+0.0104%1h0.09625+0.091%$29K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09625+0.094%$195K$506K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09605−0.114%$1.7M$937K75xas long as short
Coinbase International XPL-PERP-INTX+0.0664%1h0.09718+1.061%$66K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2833%1h0.09663+0.495%$549K$954K10xas long as short