data as of
Settings8H · net · $10k
Price arb /

XPL

all XPL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.038%7d average−0.074%fees + slippage, in and out−$85spread needed0.848%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XPLUSDT0.099890.0100pay 0.0050% / 4h3h 32m$269K$456K20x
ShortBybit XPLUSDT0.099850.0034get 0.0017% / 4h3h 32m$48.2M$49.2M75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.8
Funding while held
−$1.99
Slippage, 4 orders
−$65.81
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$90.6
Spread needed to break even
0.848%
Slippage from Aster: live order book, 11 min ago; Bybit: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0066%
Per $10,000 a day
$1.99
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 11 min ago6.99 bp29.0 bp −$29171.1 bp −$1,711doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.50 bp18.3 bp −$1848.8 bp −$488doesn't fitdoesn't fit

XPL price on every exchange

against the cheapest. Click to use as the short leg.

XPL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya XPLRUSDPERP−24.216%0.0000%1has long as short
Lighter XPL−0.108%−0.0968%1h$4.5M$4.2M10xas long as short
SunX XPL-USDT−0.088%+0.0100%4h$3K$2.0M20xas long as short
BloFin XPL-USDT−0.078%+0.0340%4h$1.8M$1.2M75xas long as short
Bybit XPLUSDTshort−0.038%+0.0034%4h$48.2M$49.2M75x
Paradex XPL-USD-PERP−0.031%+0.0093%8h$13K$1K5xas long as short
Gate XPL_USDT−0.018%+0.0100%4h$3.1M$3.9M75xas long as short
KuCoin XPLUSDTM−0.008%+0.0100%4h$2.5M$1.5M50xas long as short
Aster XPLUSDTlong0.000%+0.0100%4h$269K$456K20x
Nado XPL-PERP+0.007%+0.0100%1h$1.5M$2.5M10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SoDEX XPL-USD+0.012%+0.0100%1h$210$9K10xas long as short
HTX XPL-USDT+0.012%+0.0100%4h$145K$243K20xas long as short
OKX XPL-USDT-SWAP+0.022%+0.0100%4h$9.4M$54.6M50xas long as short
BingX XPL-USDT+0.022%+0.0100%4h$7.9Mas long as short
Extended XPL-USD+0.034%+0.0104%1h$647K$829K25xas long as short
Pacifica XPL+0.036%+0.0100%1h$226K$15K10xas long as short
01 Exchange XPLUSD+0.042%−0.0160%1h$581$5825xas long as short
MEXC XPL_USDT+0.042%+0.0100%4h$14.0M$7.6M100xas long as short
Binance XPLUSDT+0.043%+0.0100%4h$45.7M$99.1M75xas long as short
Polymarket Perps XPL-USD+0.051%+0.0100%1h$135K$3.5M10xas long as short
Bitget XPLUSDT+0.052%+0.0100%4h$8.7M$11.2M75xas long as short
Backpack XPL_USDC_PERP+0.062%−0.0178%1h$184K$287K10xas long as short
Aevo XPL-PERP+0.062%+0.0104%1h$39K$5K3xas long as short
Variational Omni XPL+0.074%+0.0100%4h$1.7M$1.8Mas long as short
dYdX XPL-USD+0.084%0.0000%1h$8K5xas long as short
GMX XPL/USD [WBTC.b-USDC]+0.091%L −0.0040% / S +0.0454%1h$135K100xas long as short
Orderly PERP_XPL_USDC+0.092%+0.0019%4h$28K$333K10xas long as short
Deribit XPL_USDC-PERPETUAL+0.092%0.0000%1h$50K$17K25xas long as short
gTrade (Gains Network) XPL/USD+0.104%L +0.0005% / S −0.0004%1h$74K150xas long as short
Bulk XPL-USD+0.112%+0.0100%1h$142K$54K10xas long as short
Hyperliquid XPL+0.210%+0.0154%1h$65.5M$40.8M10xas long as short
ApeX Omni XPLUSDT+0.312%+0.0100%1h$30K$92K50xas long as short
Phoenix XPL+0.382%+0.0245%1h$205K$618K10xas long as short
Coinbase International XPL-PERP-INTX+0.402%+0.0840%1h$77K$134K50xas long as short
Kraken Futures PF_XPLUSD+0.606%+0.1426%1h$257K$588K10xas long as short