Spread before costs (cost unknown: a leg has no order-book sample)+0.059%
7d average—if it closes, per $10,000$6funding while held, a day+$0.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XPL-PERP | 0.1022 | 0.0104 | pay 0.0013% / 1h | 59m 00s | $40K | $5K | 3x |
| Short | Hyperliquid XPL | 0.1023 | 0.0133 | get 0.0017% / 1h | 59m 00s | $68.2M | $33.5M | 10x |
Aevo XPL-PERP
Hyperliquid XPLPrice 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
- $5.87
- Funding while held
- $0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$18.28
- Spread needed to break even
- 0.250%
Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0029%
- Per $10,000 a day
- +$0.86
- 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 Hyperliquid live order book, 6 min ago | 0.49 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
SunX0.1020+34.726%Lighter0.1020+34.766%Binance0.1021+34.805%Bybit0.1021+34.805%OKX0.1021+34.818%SoDEX0.1021+34.858%BingX0.1021+34.871%Paradex0.1021+34.876%BloFin0.1021+34.898%MEXC0.1021+34.911%HTX0.1021+34.911%Orderly0.1022+34.924%dYdX0.1022+34.950%Deribit0.1022+34.950%KuCoin0.1022+34.964%Bitget0.1022+34.964%Nado0.1022+34.977%Extended0.1022+34.978%gTrade (Gains Network)0.1022+34.991%GMX0.1022+34.999%Backpack0.1022+35.016%Pacifica0.1022+35.039%Gate0.1022+35.043%
Reya
SunX
Lighter
Binance
Bybit
OKX
SoDEX
BingX
Paradex
BloFin
MEXC
HTX
Orderly
dYdX
Deribit
KuCoin
Bitget
Nado
Extended
gTrade (Gains Network)
GMX
Backpack
Pacifica
GateAevo0.1022+35.056%
Aster0.1023+35.099%Polymarket Perps0.1023+35.109%
Aster
Polymarket PerpsHyperliquid0.1023+35.135%
Phoenix0.1023+35.135%Kraken Futures0.1023+35.175%Variational Omni0.1024+35.263%Bulk0.1025+35.386%ApeX Omni0.1025+35.386%Coinbase International0.1031+36.113%
Phoenix
Kraken Futures
Variational Omni
Bulk
ApeX Omni
Coinbase InternationalXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −25.957% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.244% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −0.215% | −0.1016% | 1h | $4.6M | $3.7M | 10x | as long as short |
| Binance XPLUSDT | −0.186% | +0.0100% | 4h | $48.0M | $86.5M | 75x | as long as short |
| Bybit XPLUSDT | −0.186% | +0.0100% | 4h | $50.0M | $43.5M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.176% | +0.0100% | 4h | $9.9M | $50.9M | 50x | as long as short |
| SoDEX XPL-USD | −0.147% | +0.0100% | 1h | $307 | $9K | 10x | as long as short |
| BingX XPL-USDT | −0.137% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Paradex XPL-USD-PERP | −0.133% | +0.0095% | 8h | $12K | $946 | 5x | as long as short |
| BloFin XPL-USDT | −0.117% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC XPL_USDT | −0.108% | +0.0100% | 4h | $14.4M | $6.7M | 100x | as long as short |
| HTX XPL-USDT | −0.108% | +0.0100% | 4h | $151K | $251K | 20x | as long as short |
| Orderly PERP_XPL_USDC | −0.098% | +0.0047% | 4h | $28K | $331K | 10x | as long as short |
| dYdX XPL-USD | −0.079% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.078% | −0.0337% | 1h | $47K | $10K | 25x | as long as short |
| KuCoin XPLUSDTM | −0.068% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Bitget XPLUSDT | −0.068% | +0.0100% | 4h | $9.2M | $9.9M | 75x | as long as short |
| Nado XPL-PERP | −0.059% | +0.0100% | 1h | $1.5M | $2.1M | 10x | as long as short |
| Extended XPL-USD | −0.058% | +0.0104% | 1h | $653K | $749K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.048% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.042% | L −0.0032% / S +0.0446% | 1h | $136K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.029% | −0.0571% | 1h | $187K | $276K | 10x | as long as short |
| Pacifica XPL | −0.013% | +0.0100% | 1h | $230K | $18K | 10x | as long as short |
| Gate XPL_USDT | −0.010% | +0.0100% | 4h | $3.2M | $3.6M | 75x | as long as short |
| Aevo XPL-PERPlong | 0.000% | +0.0104% | 1h | $40K | $5K | 3x | |
| Aster XPLUSDT | +0.031% | +0.0100% | 4h | $313K | $401K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.039% | +0.0100% | 1h | $139K | $3.6M | 10x | as long as short |
| Hyperliquid XPLshort | +0.059% | +0.0133% | 1h | $68.2M | $33.5M | 10x | |
| Phoenix XPL | +0.059% | +0.0385% | 1h | $222K | $473K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.088% | +0.0513% | 1h | $139K | $381K | 10x | as long as short |
| Variational Omni XPL | +0.153% | +0.0100% | 4h | $1.9M | $1.4M | — | as long as short |
| Bulk XPL-USD | +0.244% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.244% | +0.0100% | 1h | $32K | $83K | 50x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.782% | +0.0880% | 1h | $114K | $118K | 50x | as long as short |