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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0520%/8h= −56.9% APRnext payment $0.65 per $10,000 · paid last 24h −0.081%
Price spread now: 01 Exchange against Extended−0.011%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 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.094770.0104pay 0.0013% / 1h31m 31s$612K$1.2M25x
Short01 Exchange XPLUSD0.09476−0.0416pay 0.0052% / 1h31m 31s$551$8735x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$109.2
Price spread: −0.011% → 0.000%
−$1.09
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$122.29
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; 01 Exchange: 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, 2 min ago1.05 bp4.7 bp −$518.4 bp −$184doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.1216%1h0.09471−0.064%$4.3M$3.2M10xas long as short
Bybit XPLUSDT−0.0460%4h0.09480+0.031%$45.0M$54.3M75xas long as short
01 Exchange XPLUSDshort−0.0416%1h0.09476−0.011%$551$8735x
Deribit XPL_USDC-PERPETUAL−0.0382%1h0.09484+0.073%$45K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0313% / S +0.0615%1h0.09487+0.103%$105K100xas long as short
Paradex XPL-USD-PERP−0.0115%8h0.09481+0.047%$12K$6965xas long as short
Gate XPL_USDT−0.0108%4h0.09484+0.073%$2.9M$3.3M75xas long as short
Backpack XPL_USDC_PERP−0.0093%1h0.09486+0.095%$178K$180K10xas long as short
OKX XPL-USDT-SWAP−0.0042%4h0.09480+0.031%$7.5M$47.3M50xas long as short
Orderly PERP_XPL_USDC−0.0029%4h0.09478+0.010%$30K$246K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XPL-USD0.0000%1h0.09491+0.150%$9K$6005xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−20.114%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09488+0.112%$72K150xas long as short
Binance XPLUSDT+0.0100%4h0.09480+0.027%$43.2M$98.1M75xas long as short
Nado XPL-PERP+0.0100%1h0.09479+0.026%$1.2M$2.2M10xas long as short
Hyperliquid XPL+0.0100%1h0.09495+0.184%$60.0M$45.8M10xas long as short
Aster XPLUSDT+0.0100%4h0.09490+0.137%$251K$402K20xas long as short
Pacifica XPL+0.0100%1h0.09491+0.146%$217K$46K10xas long as short
Bulk XPL-USD+0.0100%1h0.09510+0.348%$139K$010xas long as short
MEXC XPL_USDT+0.0100%4h0.09484+0.073%$12.5M$6.5M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09483+0.063%$2.3M$1.2M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09490+0.137%$8.9M$9.9M75xas long as short
BingX XPL-USDT+0.0100%4h0.09480+0.031%$7.7Mas long as short
Variational Omni XPL+0.0100%4h0.09502+0.263%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09500+0.242%$254K$1.3M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09500+0.242%$25K$73K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09491+0.153%$124K$1.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09460−0.180%$3K$1.6M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09480+0.031%$189$9K10xas long as short
HTX XPL-USDT+0.0100%4h0.09485+0.084%$132K$214K20xas long as short
Extended XPL-USDlong+0.0104%1h0.09477long leg$612K$1.2M25x
Aevo XPL-PERP+0.0104%1h0.09522+0.470%$28K$18K3xas long as short
Phoenix XPL+0.0251%1h0.09511+0.358%$192K$494K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09481+0.042%$1.7M$935K75xas long as short
Coinbase International XPL-PERP-INTX+0.0536%1h0.09596+1.255%$64K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2727%1h0.09512+0.371%$540K$957K10xas long as short