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+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Pacifica against gTrade (Gains Network)+0.087%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 airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.087% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09831L +0.0005% / S −0.0003%pay 0.0001% / 1h35m 43s$77K150x
ShortPacifica XPL0.098390.0100get 0.0013% / 1h35m 43s$224K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.087% → 0.000%
$8.69
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$10.54
Costs to cover
0.180%
Break-even
3.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: live order book, 37 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 gTrade (Gains Network) no order-book sample
Sell Pacifica live order book, 37 min ago15.44 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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
Backpack XPL_USDC_PERP−0.0167%1h0.09831+0.004%$182K$282K10xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0161% / S +0.0539%1h0.09831+0.004%$113K100xas long as short
01 Exchange XPLUSD−0.0152%1h0.09831+0.004%$572$7085xas long as short
Lighter XPL−0.0112%1h0.09827−0.036%$4.4M$4.2M10xas long as short
dYdX XPL-USD0.0000%1h0.09829−0.014%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−22.991%as long as short
Deribit XPL_USDC-PERPETUAL0.0000%1h0.09831+0.004%$47K$18K25xas long as short
gTrade (Gains Network) XPL/USDlongL +0.0005% / S −0.0003%1h0.09831long leg$77K150x
Orderly PERP_XPL_USDC+0.0030%4h0.09827−0.036%$30K$335K10xas long as short
Paradex XPL-USD-PERP+0.0041%8h0.09835+0.043%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09823−0.072%$1.4M$2.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09840+0.096%$254K$533K20xas long as short
Pacifica XPLshort+0.0100%1h0.09839+0.087%$224K$46K10x
Binance XPLUSDT+0.0100%4h0.09839+0.086%$44.9M$108.7M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09836+0.055%$47.6M$55.7M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09835+0.045%$8.7M$55.6M50xas long as short
Bulk XPL-USD+0.0100%1h0.09765−0.665%$142K$2K10xas long as short
Gate XPL_USDT+0.0100%4h0.09836+0.055%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09838+0.076%$12.9M$7.6M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09831+0.004%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09840+0.096%$8.7M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09835+0.045%$7.9Mas long as short
Variational Omni XPL+0.0100%4h0.09825−0.057%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09768−0.639%$258K$840K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09770−0.616%$25K$87K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09839+0.089%$132K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09810−0.209%$3K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09830−0.006%$198$10K10xas long as short
HTX XPL-USDT+0.0100%4h0.09790−0.413%$142K$242K20xas long as short
Extended XPL-USD+0.0104%1h0.09834+0.034%$664K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09827−0.040%$29K$18K3xas long as short
Hyperliquid XPL+0.0110%1h0.09857+0.271%$63.7M$47.1M10xas long as short
Phoenix XPL+0.0163%1h0.09791−0.402%$198K$655K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09802−0.291%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09824−0.067%$73K$95K50xas long as short
Kraken Futures PF_XPLUSD+0.5039%1h0.09872+0.421%$572K$1.0M10xas long as short