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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: ApeX Omni against gTrade (Gains Network)+0.012%53s7-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 feesneeds 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: +$3 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09569L +0.0005% / S −0.0004%pay 0.0001% / 1h39m 38s$72K150x
ShortApeX Omni XPLUSDT0.095700.0100get 0.0013% / 1h39m 38s$25K$79K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$19.85
Price spread: +0.012% → 0.000%
$1.2
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$1.05
Costs to cover
0.200%
Break-even
6.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: 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 ApeX Omni no order-book sample
gTrade (Gains Network) and ApeX Omni: 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−0.0344%1h0.09528−0.427%$554$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0297% / S +0.0606%1h0.09575+0.061%$106K100xas long as short
Bybit XPLUSDT−0.0092%4h0.09536−0.343%$45.1M$55.1M75xas long as short
dYdX XPL-USD0.0000%1h0.09547−0.225%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−20.882%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09565−0.040%$46K$18K25xas long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0004%1h0.09569long leg$72K150x
Orderly PERP_XPL_USDC+0.0007%4h0.09562−0.072%$29K$339K10xas long as short
Backpack XPL_USDC_PERP+0.0039%1h0.09564−0.051%$178K$225K10xas long as short
Paradex XPL-USD-PERP+0.0076%8h0.09533−0.372%$12K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL+0.0096%1h0.09543−0.270%$4.3M$3.3M10xas long as short
Nado XPL-PERP+0.0100%1h0.09582+0.137%$1.2M$2.7M10xas long as short
Hyperliquid XPL+0.0100%1h0.09566−0.030%$59.9M$46.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09555−0.149%$240K$463K20xas long as short
Pacifica XPL+0.0100%1h0.09552−0.174%$218K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09539−0.312%$43.3M$103.0M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09547−0.228%$8.2M$49.2M50xas long as short
Bulk XPL-USD+0.0100%1h0.09530−0.406%$139K$5K10xas long as short
Gate XPL_USDT+0.0100%4h0.09535−0.354%$3.0M$3.6M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09551−0.187%$12.3M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09543−0.270%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09541−0.291%$8.5M$10.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09528−0.427%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09545−0.252%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09574+0.050%$256K$962K10xas long as short
ApeX Omni XPLUSDTshort+0.0100%1h0.09570+0.012%$25K$79K50x
Polymarket Perps XPL-USD+0.0100%1h0.09587+0.185%$127K$2.0M10xas long as short
SunX XPL-USDT+0.0100%4h0.09550−0.197%$2K$1.8M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09560−0.092%$191$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09579+0.106%$140K$217K20xas long as short
Extended XPL-USD+0.0104%1h0.09532−0.390%$646K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09562−0.073%$28K$18K3xas long as short
Phoenix XPL+0.0334%1h0.09570+0.012%$194K$617K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09555−0.145%$1.7M$981K75xas long as short
Coinbase International XPL-PERP-INTX+0.0616%1h0.09583+0.148%$74K$86K50xas long as short
Kraken Futures PF_XPLUSD+0.3327%1h0.09588+0.203%$543K$975K10xas long as short