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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0476%/8h= +52.1% APRnext payment +$0.59 per $10,000 · paid last 24h +0.055%
Price spread now: ApeX Omni against 01 Exchange+0.311%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and ApeX Omni is 0.311% dearer against 01 Exchange than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XPLUSD0.09650−0.0376get 0.0047% / 1h23m 31s$561$7085x
ShortApeX Omni XPLUSDT0.096800.0100get 0.0013% / 1h23m 31s$25K$78K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
$99.96
Price spread: +0.311% → 0.000%
$31.09
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$114.05
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample
Sell ApeX Omni no order-book sample
01 Exchange 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 XPLUSDlong−0.0376%1h0.09650long leg$561$7085x
GMX XPL/USD [WBTC.b-USDC]L −0.0304% / S +0.0610%1h0.09662+0.123%$107K100xas long as short
Deribit XPL_USDC-PERPETUAL−0.0267%1h0.09657+0.073%$46K$18K25xas long as short
Backpack XPL_USDC_PERP−0.0102%1h0.09663+0.135%$176K$188K10xas long as short
Bybit XPLUSDT−0.0004%4h0.09657+0.073%$45.8M$54.1M75xas long as short
dYdX XPL-USD0.0000%1h0.09670+0.209%$9K$5855xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.547%as long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09665+0.160%$73K150xas long as short
Orderly PERP_XPL_USDC+0.0012%4h0.09653+0.031%$29K$339K10xas long as short
Paradex XPL-USD-PERP+0.0058%8h0.09658+0.086%$13K$2K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPL+0.0088%1h0.09656+0.062%$4.4M$3.0M10xas long as short
Nado XPL-PERP+0.0100%1h0.09666+0.161%$1.2M$2.4M10xas long as short
Hyperliquid XPL+0.0100%1h0.09675+0.261%$61.4M$46.6M10xas long as short
Aster XPLUSDT+0.0100%4h0.09670+0.202%$252K$422K20xas long as short
Pacifica XPL+0.0100%1h0.09668+0.190%$221K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09658+0.079%$43.9M$100.8M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09658+0.083%$8.2M$48.6M50xas long as short
Bulk XPL-USD+0.0100%1h0.09656+0.063%$141K$5K10xas long as short
Gate XPL_USDT+0.0100%4h0.09664+0.145%$3.1M$3.5M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09656+0.062%$12.7M$7.0M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09665+0.155%$2.3M$1.4M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09670+0.207%$9.0M$9.6M75xas long as short
BingX XPL-USDT+0.0100%4h0.09659+0.093%$7.8Mas long as short
Variational Omni XPL+0.0100%4h0.09668+0.184%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09666+0.167%$258K$1.1M10xas long as short
ApeX Omni XPLUSDTshort+0.0100%1h0.09680+0.311%$25K$78K50x
Polymarket Perps XPL-USD+0.0100%1h0.09668+0.192%$129K$2.0M10xas long as short
SunX XPL-USDT+0.0100%4h0.09640−0.104%$2K$1.7M20xas long as short
SoDEX XPL-USD+0.0100%1h0.09660+0.104%$204$12K10xas long as short
HTX XPL-USDT+0.0100%4h0.09663+0.135%$141K$187K20xas long as short
Extended XPL-USD+0.0104%1h0.09656+0.061%$657K$1.1M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09653+0.030%$29K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09682+0.332%$196K$573K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09659+0.093%$1.7M$961K75xas long as short
Coinbase International XPL-PERP-INTX+0.0640%1h0.09685+0.363%$75K$76K50xas long as short
Kraken Futures PF_XPLUSD+0.3108%1h0.09691+0.429%$551K$990K10xas long as short