Spread before costs (cost unknown: a leg has no order-book sample)−0.275%
7d average—if it closes, per $10,000$28funding while held, a day−$16.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XPL-PERP | 0.09985 | 0.0104 | pay 0.0013% / 1h | 6m 05s | $39K | $5K | 3x |
| Short | Deribit XPL_USDC-PERPETUAL | 0.09958 | −0.0452 | pay 0.0057% / 1h | 6m 05s | $46K | $13K | 25x |
Aevo XPL-PERP
Deribit XPL_USDC-PERPETUALPrice 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
- −$27.54
- Funding while held
- −$16.69
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$67.23
- Spread needed to break even
- 0.230%
Slippage unknown: Aevo: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0556%
- Per $10,000 a day
- −$16.69
- 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 Deribit no order-book sample | — | — | — | — | — |
Aevo and Deribit: 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.Reya0.07570cheapest
Lighter0.09946+31.385%SunX0.09950+31.438%Bybit0.09953+31.477%BingX0.09957+31.530%Extended0.09957+31.534%MEXC0.09958+31.543%
Reya
Lighter
SunX
Bybit
BingX
Extended
MEXCDeribit0.09958+31.543%
KuCoin0.09959+31.556%Orderly0.09959+31.556%SoDEX0.09960+31.570%Binance0.09961+31.578%OKX0.09962+31.596%Gate0.09963+31.609%Backpack0.09963+31.609%Bitget0.09966+31.649%GMX0.09966+31.653%gTrade (Gains Network)0.09969+31.685%dYdX0.09971+31.712%Pacifica0.09971+31.719%Paradex0.09972+31.727%Nado0.09972+31.732%01 Exchange0.09977+31.794%Hyperliquid0.09977+31.796%BloFin0.09982+31.860%Aster0.09983+31.873%Polymarket Perps0.09985+31.897%
KuCoin
Orderly
SoDEX
Binance
OKX
Gate
Backpack
Bitget
GMX
gTrade (Gains Network)
dYdX
Pacifica
Paradex
Nado
Hyperliquid
BloFin
Aster
Polymarket PerpsAevo0.09985+31.907%
Kraken Futures0.09986+31.913%HTX0.09989+31.953%Variational Omni0.1003+32.521%ApeX Omni0.1004+32.626%Phoenix0.1005+32.706%Bulk0.1005+32.772%Coinbase International0.1015+34.040%
Kraken Futures
HTX
Variational Omni
ApeX Omni
Phoenix
Bulk
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.189% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPL | −0.396% | −0.0904% | 1h | $4.5M | $4.2M | 10x | as long as short |
| SunX XPL-USDT | −0.356% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Bybit XPLUSDT | −0.325% | +0.0100% | 4h | $48.3M | $47.8M | 75x | as long as short |
| BingX XPL-USDT | −0.285% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USD | −0.283% | +0.0104% | 1h | $645K | $807K | 25x | as long as short |
| MEXC XPL_USDT | −0.275% | +0.0100% | 4h | $14.2M | $7.5M | 100x | as long as short |
| Deribit XPL_USDC-PERPETUALshort | −0.275% | −0.0452% | 1h | $46K | $13K | 25x | |
| KuCoin XPLUSDTM | −0.265% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.265% | +0.0027% | 4h | $28K | $331K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XPL-USD | −0.255% | +0.0100% | 1h | $212 | $9K | 10x | as long as short |
| Binance XPLUSDT | −0.249% | +0.0100% | 4h | $46.0M | $94.4M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.235% | +0.0100% | 4h | $9.6M | $52.6M | 50x | as long as short |
| Gate XPL_USDT | −0.225% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.225% | −0.0213% | 1h | $185K | $289K | 10x | as long as short |
| Bitget XPLUSDT | −0.195% | +0.0100% | 4h | $8.9M | $10.8M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.192% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.168% | L +0.0005% / S −0.0004% | 1h | $54K | — | 150x | as long as short |
| dYdX XPL-USD | −0.147% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | −0.142% | +0.0100% | 1h | $225K | $19K | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.136% | +0.0095% | 8h | $13K | $1K | 5x | as long as short |
| Nado XPL-PERP | −0.133% | +0.0100% | 1h | $1.5M | $2.4M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.085% | −0.0104% | 1h | $580 | $958 | 5x | as long as short |
| Hyperliquid XPL | −0.084% | +0.0310% | 1h | $66.4M | $36.2M | 10x | as long as short |
| BloFin XPL-USDT | −0.035% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| Aster XPLUSDT | −0.025% | +0.0100% | 4h | $268K | $447K | 20x | as long as short |
| Polymarket Perps XPL-USD | −0.007% | +0.0100% | 1h | $138K | $3.5M | 10x | as long as short |
| Aevo XPL-PERPlong | 0.000% | +0.0104% | 1h | $39K | $5K | 3x | |
| Kraken Futures PF_XPLUSD | +0.005% | +0.1645% | 1h | $149K | $440K | 10x | as long as short |
| HTX XPL-USDT | +0.035% | +0.0100% | 4h | $147K | $255K | 20x | as long as short |
| Variational Omni XPL | +0.466% | +0.0100% | 4h | $1.8M | $1.7M | — | as long as short |
| ApeX Omni XPLUSDT | +0.546% | +0.0100% | 1h | $30K | $89K | 50x | as long as short |
| Phoenix XPL | +0.606% | +0.0312% | 1h | $205K | $596K | 10x | as long as short |
| Bulk XPL-USD | +0.656% | +0.0100% | 1h | $141K | $6K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.617% | +0.0888% | 1h | $76K | $135K | 50x | as long as short |