Spread before costs (cost unknown: a leg has no order-book sample)+1.572%
7d average—if it closes, per $10,000$157funding while held, a day+$23.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XPLUSDT | 0.09990 | 0.0100 | pay 0.0013% / 1h | 3m 30s | $29K | $88K | 50x |
| Short | Coinbase International XPL-PERP-INTX | 0.1015 | 0.0888 | get 0.0111% / 1h | 3m 30s | $76K | $135K | 50x |
ApeX Omni XPLUSDT
Coinbase International XPL-PERP-INTXPrice 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
- $157.16
- Funding while held
- $23.64
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $160.8
- Spread needed to break even
- 0.200%
Slippage unknown: ApeX Omni: no order-book sample; Coinbase International: live order book, 46 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0788%
- Per $10,000 a day
- +$23.64
- 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 46 min ago | 58.61 bp | 83.8 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
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.Reya0.07570cheapest
Gate0.09817+29.685%Paradex0.09818+29.696%MEXC0.09826+29.804%dYdX0.09827+29.824%Extended0.09831+29.866%Lighter0.09833+29.897%HTX0.09835+29.923%BingX0.09837+29.949%Pacifica0.09838+29.956%Bybit0.09840+29.989%Binance0.09844+30.042%OKX0.09846+30.068%Polymarket Perps0.09848+30.096%Aster0.09849+30.106%01 Exchange0.09850+30.121%Bitget0.09850+30.121%Nado0.09850+30.121%Hyperliquid0.09854+30.171%KuCoin0.09858+30.227%SunX0.09870+30.385%Backpack0.09875+30.451%SoDEX0.09880+30.517%Orderly0.09887+30.610%gTrade (Gains Network)0.09891+30.664%Deribit0.09892+30.676%Aevo0.09894+30.700%GMX0.09895+30.713%Kraken Futures0.09911+30.927%BloFin0.09946+31.389%Bulk0.09955+31.509%Variational Omni0.09958+31.549%
Reya
Gate
Paradex
MEXC
dYdX
Extended
Lighter
HTX
BingX
Pacifica
Bybit
Binance
OKX
Polymarket Perps
Aster
Bitget
Nado
Hyperliquid
KuCoin
SunX
Backpack
SoDEX
Orderly
gTrade (Gains Network)
Deribit
Aevo
GMX
Kraken Futures
BloFin
Bulk
Variational OmniApeX Omni0.09990+31.971%
Phoenix0.09998+32.076%
PhoenixCoinbase International0.1015+34.045%
XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.226% | 0.0000% | 1h | — | — | — | as long as short |
| Gate XPL_USDT | −1.732% | +0.0100% | 4h | $3.0M | $4.0M | 75x | as long as short |
| Paradex XPL-USD-PERP | −1.723% | +0.0094% | 8h | $12K | $1K | 5x | as long as short |
| MEXC XPL_USDT | −1.642% | +0.0100% | 4h | $13.9M | $7.6M | 100x | as long as short |
| dYdX XPL-USD | −1.627% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Extended XPL-USD | −1.595% | +0.0104% | 1h | $637K | $818K | 25x | as long as short |
| Lighter XPL | −1.572% | −0.0928% | 1h | $4.5M | $4.2M | 10x | as long as short |
| HTX XPL-USDT | −1.552% | +0.0100% | 4h | $145K | $256K | 20x | as long as short |
| BingX XPL-USDT | −1.532% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Pacifica XPL | −1.527% | +0.0100% | 1h | $222K | $19K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XPLUSDT | −1.502% | +0.0100% | 4h | $47.8M | $48.3M | 75x | as long as short |
| Binance XPLUSDT | −1.461% | +0.0100% | 4h | $45.5M | $95.5M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −1.441% | +0.0100% | 4h | $9.4M | $52.4M | 50x | as long as short |
| Polymarket Perps XPL-USD | −1.420% | +0.0100% | 1h | $139K | $3.5M | 10x | as long as short |
| Aster XPLUSDT | −1.413% | +0.0100% | 4h | $265K | $448K | 20x | as long as short |
| 01 Exchange XPLUSD | −1.401% | −0.0120% | 1h | $573 | $582 | 5x | as long as short |
| Bitget XPLUSDT | −1.401% | +0.0100% | 4h | $8.7M | $11.0M | 75x | as long as short |
| Nado XPL-PERP | −1.401% | +0.0100% | 1h | $1.4M | $2.4M | 10x | as long as short |
| Hyperliquid XPL | −1.363% | +0.0274% | 1h | $64.8M | $37.3M | 10x | as long as short |
| KuCoin XPLUSDTM | −1.321% | +0.0100% | 4h | $2.7M | $1.3M | 50x | as long as short |
| SunX XPL-USDT | −1.201% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| Backpack XPL_USDC_PERP | −1.151% | −0.0233% | 1h | $183K | $290K | 10x | as long as short |
| SoDEX XPL-USD | −1.101% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −1.031% | +0.0025% | 4h | $27K | $331K | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.990% | L +0.0005% / S −0.0004% | 1h | $54K | — | 150x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.981% | −0.0154% | 1h | $45K | $13K | 25x | as long as short |
| Aevo XPL-PERP | −0.963% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.953% | L −0.0040% / S +0.0454% | 1h | $133K | — | 100x | as long as short |
| Kraken Futures PF_XPLUSD | −0.791% | +0.1657% | 1h | $148K | $440K | 10x | as long as short |
| BloFin XPL-USDT | −0.440% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| Bulk XPL-USD | −0.350% | +0.0100% | 1h | $140K | $6K | 10x | as long as short |
| Variational Omni XPL | −0.320% | +0.0100% | 4h | $1.8M | $1.7M | — | as long as short |
| ApeX Omni XPLUSDTlong | 0.000% | +0.0100% | 1h | $29K | $88K | 50x | |
| Phoenix XPL | +0.080% | +0.0312% | 1h | $204K | $596K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +1.572% | +0.0888% | 1h | $76K | $135K | 50x |