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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Pacifica−0.180%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 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.180% cheaper against Pacifica than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XPL0.096470.0100pay 0.0013% / 1h16m 09s$221K$47K10x
ShortAevo XPL-PERP0.096300.0104get 0.0013% / 1h16m 09s$29K$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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
$0.84
Price spread: −0.180% → 0.000%
−$18.04
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$41.2
Costs to cover
0.240%
Break-even
350.3 days
Slippage unknown: Pacifica: live order book, 32 min ago; 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 Pacifica live order book, 32 min ago10.43 bp18.0 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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−0.0272%1h0.09638−0.097%$560$7085xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0234% / S +0.0570%1h0.09646−0.013%$107K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0165%1h0.09640−0.077%$46K$18K25xas long as short
dYdX XPL-USD0.0000%1h0.09643−0.048%$9K$6005xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.524%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09648+0.008%$73K150xas long as short
Orderly PERP_XPL_USDC+0.0007%4h0.09637−0.108%$29K$306K10xas long as short
Lighter XPL+0.0024%1h0.09630−0.180%$4.4M$3.0M10xas long as short
Paradex XPL-USD-PERP+0.0064%8h0.09643−0.044%$13K$6965xas long as short
Nado XPL-PERP+0.0100%1h0.09641−0.066%$1.2M$2.3M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid XPL+0.0100%1h0.09658+0.108%$61.1M$46.4M10xas long as short
Aster XPLUSDT+0.0100%4h0.09648+0.006%$254K$426K20xas long as short
Pacifica XPLlong+0.0100%1h0.09647long leg$221K$47K10x
Binance XPLUSDT+0.0100%4h0.09641−0.066%$43.7M$99.7M75xas long as short
Bybit XPLUSDT+0.0100%4h0.09640−0.077%$45.7M$53.8M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09642−0.056%$8.1M$48.6M50xas long as short
Bulk XPL-USD+0.0100%1h0.09581−0.684%$140K$010xas long as short
Gate XPL_USDT+0.0100%4h0.09643−0.046%$3.1M$3.4M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09641−0.066%$12.4M$6.9M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09636−0.118%$2.3M$1.3M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09647−0.004%$9.2M$9.7M75xas long as short
BingX XPL-USDT+0.0100%4h0.09639−0.087%$7.8Mas long as short
Backpack XPL_USDC_PERP+0.0100%1h0.09645−0.025%$175K$189K10xas long as short
Variational Omni XPL+0.0100%4h0.09604−0.452%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09637−0.107%$258K$1.1M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09660+0.131%$25K$77K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09656+0.093%$126K$1.9M10xas long as short
SunX XPL-USDT+0.0100%4h0.09630−0.180%$3K$1.7M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09640−0.077%$207$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09639−0.087%$137K$191K20xas long as short
Extended XPL-USD+0.0104%1h0.09635−0.124%$606K$1.2M25xas long as short
Aevo XPL-PERPshort+0.0104%1h0.09630−0.180%$29K$18K3x
Phoenix XPL+0.0251%1h0.09657+0.100%$196K$536K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09654+0.068%$1.7M$946K75xas long as short
Coinbase International XPL-PERP-INTX+0.0592%1h0.09704+0.587%$67K$90K50xas long as short
Kraken Futures PF_XPLUSD+0.2875%1h0.09671+0.249%$549K$958K10xas long as short