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−0.0300%/8h= −32.8% APRnext payment $0.37 per $10,000 · paid last 24h −0.050%
Price spread now: 01 Exchange against Nado+0.051%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 airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.051% dearer against Nado than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XPL-PERP0.098170.0100pay 0.0012% / 1h3m 33s$1.3M$2.7M10x
Short01 Exchange XPLUSD0.09822−0.0200pay 0.0025% / 1h3m 33s$571$7085x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Nado. 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
−$63
Price spread: +0.051% → 0.000%
$5.09
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$71.91
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 5 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 Nado live order book, 5 min ago1.01 bp7.6 bp −$817.3 bp −$173doesn'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
Deribit XPL_USDC-PERPETUAL−0.0357%1h0.09872+0.560%$47K$18K25xas long as short
01 Exchange XPLUSDshort−0.0200%1h0.09822+0.051%$571$7085x
GMX XPL/USD [WBTC.b-USDC]L −0.0177% / S +0.0549%1h0.09891+0.757%$114K100xas long as short
Lighter XPL0.0000%1h0.09815−0.020%$4.4M$4.2M10xas long as short
dYdX XPL-USD0.0000%1h0.09829+0.119%$8K5xas long as short
Reya XPLRUSDPERP0.0000%1h0.07570−22.885%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0003%1h0.09889+0.734%$59K150xas long as short
Orderly PERP_XPL_USDC+0.0018%4h0.09869+0.530%$30K$335K10xas long as short
Paradex XPL-USD-PERP+0.0050%8h0.09825+0.077%$13K$2K5xas long as short
OKX XPL-USDT-SWAP+0.0065%4h0.098170.000%$8.7M$55.6M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERPlong+0.0100%1h0.09817long leg$1.3M$2.7M10x
Aster XPLUSDT+0.0100%4h0.09840+0.234%$259K$539K20xas long as short
Pacifica XPL+0.0100%1h0.09830+0.134%$224K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09820+0.031%$45.0M$108.8M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09819+0.020%$47.8M$56.2M75xas long as short
Bulk XPL-USD+0.0100%1h0.09909+0.938%$144K$2K10xas long as short
Gate XPL_USDT+0.0100%4h0.09812−0.051%$3.1M$4.0M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09811−0.061%$13.1M$7.7M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09824+0.071%$2.4M$1.5M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09813−0.041%$8.8M$11.1M75xas long as short
BingX XPL-USDT+0.0100%4h0.09809−0.081%$7.9Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09862+0.458%$184K$243K10xas long as short
Variational Omni XPL+0.0100%4h0.09881+0.649%$1.8M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09890+0.741%$262K$844K10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09890+0.744%$26K$89K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09906+0.911%$133K$2.7M10xas long as short
SunX XPL-USDT+0.0100%4h0.09880+0.642%$2K$2.0M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09860+0.438%$496$11K10xas long as short
HTX XPL-USDT+0.0100%4h0.09895+0.795%$143K$243K20xas long as short
Extended XPL-USD+0.0104%1h0.09808−0.096%$666K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09877+0.608%$29K$18K3xas long as short
Phoenix XPL+0.0163%1h0.09897+0.815%$200K$655K10xas long as short
Hyperliquid XPL+0.0166%1h0.09845+0.287%$63.8M$47.0M10xas long as short
BloFin XPL-USDT+0.0340%4h0.09889+0.733%$1.8M$1.2M75xas long as short
Coinbase International XPL-PERP-INTX+0.0376%1h0.09980+1.660%$74K$97K50xas long as short
Kraken Futures PF_XPLUSD+0.5018%1h0.09914+0.987%$573K$1.0M10xas long as short