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

XPL

all XPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0508%/8h= +55.6% APRnext payment +$0.64 per $10,000 · paid last 24h +0.072%
Price spread now: SoDEX against 01 Exchange−0.021%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.021% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XPLUSD0.09612−0.0408get 0.0051% / 1h47m 26s$559$7085x
ShortSoDEX XPL-USD0.096100.0100get 0.0013% / 1h47m 26s$201$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$106.68
Price spread: −0.021% → 0.000%
−$2.08
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$89.6
Costs to cover
0.150%
Break-even
1.1 days
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 SoDEX no order-book sample
01 Exchange and SoDEX: 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
Lighter XPL−0.0880%1h0.09605−0.073%$4.3M$3.1M10xas long as short
01 Exchange XPLUSDlong−0.0408%1h0.09612long leg$559$7085x
Deribit XPL_USDC-PERPETUAL−0.0374%1h0.09616+0.042%$46K$18K25xas long as short
GMX XPL/USD [WBTC.b-USDC]L −0.0313% / S +0.0615%1h0.09617+0.050%$106K100xas long as short
dYdX XPL-USD0.0000%1h0.09627+0.157%$9K$6005xas long as short
Reya XPLRUSDPERP0.0000%1h0.07571−21.235%as long as short
Orderly PERP_XPL_USDC0.0000%4h0.09610−0.021%$30K$280K10xas long as short
gTrade (Gains Network) XPL/USDL +0.0005% / S −0.0004%1h0.09616+0.047%$73K150xas long as short
Paradex XPL-USD-PERP+0.0051%8h0.09613+0.008%$12K$6965xas long as short
Backpack XPL_USDC_PERP+0.0054%1h0.09620+0.083%$177K$189K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XPL-PERP+0.0100%1h0.09614+0.026%$1.2M$2.2M10xas long as short
Hyperliquid XPL+0.0100%1h0.09627+0.157%$60.8M$46.3M10xas long as short
Aster XPLUSDT+0.0100%4h0.09621+0.096%$254K$415K20xas long as short
Pacifica XPL+0.0100%1h0.09621+0.097%$220K$46K10xas long as short
Binance XPLUSDT+0.0100%4h0.09610−0.024%$43.5M$97.2M75xas long as short
Bybit XPLUSDT+0.0100%4h0.096120.000%$45.5M$52.9M75xas long as short
OKX XPL-USDT-SWAP+0.0100%4h0.09611−0.010%$8.0M$47.9M50xas long as short
Bulk XPL-USD+0.0100%1h0.09620+0.083%$140K$010xas long as short
Gate XPL_USDT+0.0100%4h0.09613+0.010%$3.0M$3.3M75xas long as short
MEXC XPL_USDT+0.0100%4h0.09613+0.010%$12.6M$6.8M100xas long as short
KuCoin XPLUSDTM+0.0100%4h0.09619+0.073%$2.3M$1.3M50xas long as short
Bitget XPLUSDT+0.0100%4h0.09621+0.094%$8.9M$9.5M75xas long as short
BingX XPL-USDT+0.0100%4h0.09611−0.010%$7.8Mas long as short
Variational Omni XPL+0.0100%4h0.09621+0.093%$1.7M$1.9Mas long as short
GRVT XPL_USDT_Perp+0.0100%4h0.09627+0.154%$263K$1.2M10xas long as short
ApeX Omni XPLUSDT+0.0100%1h0.09630+0.187%$25K$77K50xas long as short
Polymarket Perps XPL-USD+0.0100%1h0.09623+0.119%$126K$1.8M10xas long as short
SunX XPL-USDT+0.0100%4h0.09600−0.125%$2K$1.6M20xas long as short
SoDEX XPL-USDshort+0.0100%1h0.09610−0.021%$201$9K10x
HTX XPL-USDT+0.0100%4h0.09621+0.094%$133K$215K20xas long as short
Extended XPL-USD+0.0104%1h0.09609−0.028%$606K$1.2M25xas long as short
Aevo XPL-PERP+0.0104%1h0.09610−0.021%$29K$18K3xas long as short
Phoenix XPL+0.0248%1h0.09628+0.166%$195K$506K10xas long as short
BloFin XPL-USDT+0.0340%4h0.09615+0.031%$1.7M$938K75xas long as short
Coinbase International XPL-PERP-INTX+0.0664%1h0.09718+1.103%$66K$92K50xas long as short
Kraken Futures PF_XPLUSD+0.2837%1h0.09652+0.413%$548K$935K10xas long as short