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+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: Aevo against gTrade (Gains Network)−0.094%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.094% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09660L +0.0005% / S −0.0003%pay 0.0001% / 1h41m 27s$77K150x
ShortAevo XPL-PERP0.096510.0104get 0.0013% / 1h41m 27s$29K$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.69
Price spread: −0.094% → 0.000%
−$9.41
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$14.72
Costs to cover
0.260%
Break-even
12.0 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell Aevo no order-book sample
gTrade (Gains Network) 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−0.0208%1h0.09652−0.084%$561$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0189% / S +0.0556%1h0.09659−0.015%$111K100xas long as short
Backpack XPL_USDC_PERP−0.0116%1h0.09660−0.001%$181K$243K10xas long as short
Lighter XPL−0.0008%1h0.09634−0.270%$4.4M$4.2M10xas long as short
dYdX XPL-USD0.0000%1h0.09648−0.126%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.629%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09656−0.042%$46K$18K25xas long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0003%1h0.09660long leg$77K150x
Orderly PERP_XPL_USDC+0.0007%4h0.09654−0.063%$29K$335K10xas long as short
Paradex XPL-USD-PERP+0.0057%8h0.09656−0.038%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX XPL-USDT-SWAP+0.0061%4h0.09646−0.146%$8.4M$55.7M50xas long as short
Nado XPL-PERP+0.0100%1h0.09654−0.058%$1.2M$2.9M10xas long as short
Hyperliquid XPL+0.0100%1h0.09665+0.049%$62.6M$47.9M10xas long as short
Aster XPLUSDT+0.0100%4h0.09656−0.046%$245K$550K20xas long as short
Pacifica XPL+0.0100%1h0.09649−0.111%$219K$47K10xas long as short
Binance XPLUSDT+0.0100%4h0.09653−0.078%$44.0M$110.9M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09646−0.146%$46.4M$58.2M75xas long as short
Gate XPL_USDT+0.0100%4h0.09655−0.053%$3.0M$3.8M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09651−0.094%$12.8M$7.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09648−0.125%$2.3M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09655−0.053%$8.5M$11.5M75xas long as short
BingX XPL-USDT+0.0100%4h0.09655−0.053%$8.0Mas long as short
Variational Omni XPL+0.0100%4h0.09678+0.185%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09680+0.203%$264K$858K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09710+0.517%$25K$90K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09664+0.042%$129K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09660−0.001%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09650−0.104%$194$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09671+0.113%$141K$255K20xas long as short
Bulk XPL-USD+0.0100%1h0.09710+0.520%$141K$7K10xas long as short
Extended XPL-USD+0.0104%1h0.09654−0.059%$655K$1.1M25xas long as short
Aevo XPL-PERPshort+0.0104%1h0.09651−0.094%$29K$18K3x
Phoenix XPL+0.0328%1h0.09668+0.082%$196K$657K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09706+0.475%$1.8M$1.1M75xas long as short
Coinbase International XPL-PERP-INTX+0.0496%1h0.09675+0.154%$78K$103K50xas long as short
Kraken Futures PF_XPLUSD+0.4411%1h0.09698+0.392%$549K$1.0M10xas long as short