Spread before costs (cost unknown: a leg has no order-book sample)−0.275%
7d average—if it closes, per $10,000$27funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XPL-PERP | 0.09967 | 0.0104 | pay 0.0013% / 1h | 13m 01s | $39K | $5K | 3x |
| Short | ApeX Omni XPLUSDT | 0.09940 | 0.0100 | get 0.0013% / 1h | 13m 01s | $29K | $92K | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$27.49
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$53.61
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; ApeX Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
Aevo 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 price on every exchange
against the cheapest. Click to use as the short leg.XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.054% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.411% | +0.0100% | 1h | $141K | $52K | 10x | as long as short |
| HTX XPL-USDT | −0.375% | +0.0100% | 4h | $144K | $240K | 20x | as long as short |
| ApeX Omni XPLUSDTshort | −0.275% | +0.0100% | 1h | $29K | $92K | 50x | |
| BloFin XPL-USDT | −0.215% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Lighter XPL | −0.205% | −0.0896% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.193% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| 01 Exchange XPLUSD | −0.185% | −0.0120% | 1h | $578 | $582 | 5x | as long as short |
| SunX XPL-USDT | −0.175% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| Nado XPL-PERP | −0.167% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX XPL-USD | −0.128% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Variational Omni XPL | −0.124% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.119% | L −0.0039% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Pacifica XPL | −0.111% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.106% | +0.0100% | 1h | $135K | $3.4M | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.104% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| SoDEX XPL-USD | −0.074% | +0.0100% | 1h | $200 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.064% | +0.0021% | 4h | $28K | $333K | 10x | as long as short |
| Gate XPL_USDT | −0.044% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Aster XPLUSDT | −0.021% | +0.0100% | 4h | $266K | $455K | 20x | as long as short |
| KuCoin XPLUSDTM | −0.014% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Phoenix XPL | −0.014% | +0.0245% | 1h | $203K | $618K | 10x | as long as short |
| Aevo XPL-PERPlong | 0.000% | +0.0104% | 1h | $39K | $5K | 3x | |
| Deribit XPL_USDC-PERPETUAL | +0.006% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| MEXC XPL_USDT | +0.066% | +0.0100% | 4h | $13.9M | $7.6M | 100x | as long as short |
| BingX XPL-USDT | +0.106% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Bybit XPLUSDT | +0.126% | +0.0100% | 4h | $48.1M | $49.1M | 75x | as long as short |
| Backpack XPL_USDC_PERP | +0.167% | −0.0194% | 1h | $184K | $286K | 10x | as long as short |
| OKX XPL-USDT-SWAP | +0.187% | +0.0100% | 4h | $9.5M | $54.1M | 50x | as long as short |
| Bitget XPLUSDT | +0.217% | +0.0100% | 4h | $8.7M | $11.1M | 75x | as long as short |
| Binance XPLUSDT | +0.218% | +0.0100% | 4h | $45.5M | $98.7M | 75x | as long as short |
| Extended XPL-USD | +0.222% | +0.0104% | 1h | $643K | $826K | 25x | as long as short |
| Hyperliquid XPL | +0.277% | +0.0140% | 1h | $64.9M | $41.2M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.357% | +0.1432% | 1h | $254K | $584K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.879% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |
ApeX Omni XPLUSDT
Bulk
HTX
BloFin
Lighter
Paradex
SunX
Variational Omni
GMX
Pacifica
Polymarket Perps
gTrade (Gains Network)
SoDEX
Gate
Aster
KuCoin
Phoenix
Deribit
MEXC
BingX
Bybit
Backpack
OKX
Bitget
Binance
Extended
Hyperliquid
Kraken Futures
Coinbase International