Spread before costs (cost unknown: a leg has no order-book sample)+0.170%
7d average—if it closes, per $10,000$17funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XPLUSDT | 0.09925 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $264K | $442K | 20x |
| Short | gTrade (Gains Network) XPL/USD | 0.09942 | L +0.0005% / S −0.0004% | get 0.0000% / 1h | 32m 26s | $73K | — | 150x |
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
- $16.97
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$3.91
- Spread needed to break even
- 0.180%
Slippage unknown: Aster: live order book, 6 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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 Aster live order book, 6 min ago | 5.99 bp | 27.8 bp −$28 | 167.9 bp −$1,679 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −23.725% | 0.0000% | 1h | — | — | — | as long as short |
| KuCoin XPLUSDTM | −0.154% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| SunX XPL-USDT | −0.154% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Lighter XPL | −0.123% | −0.0880% | 1h | $4.5M | $4.2M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.103% | −0.0168% | 1h | $576 | $583 | 5x | as long as short |
| Aster XPLUSDTlong | 0.000% | +0.0100% | 4h | $264K | $442K | 20x | |
| Nado XPL-PERP | +0.010% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Gate XPL_USDT | +0.018% | +0.0096% | 4h | $3.0M | $3.9M | 75x | as long as short |
| Bulk XPL-USD | +0.030% | +0.0100% | 1h | $141K | $52K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.035% | +0.0095% | 8h | $13K | $2K | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XPL | +0.065% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| MEXC XPL_USDT | +0.088% | +0.0100% | 4h | $13.9M | $7.4M | 100x | as long as short |
| Bybit XPLUSDT | +0.098% | +0.0100% | 4h | $47.8M | $49.1M | 75x | as long as short |
| BingX XPL-USDT | +0.108% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Orderly PERP_XPL_USDC | +0.118% | +0.0019% | 4h | $28K | $333K | 10x | as long as short |
| Binance XPLUSDT | +0.129% | +0.0100% | 4h | $45.3M | $98.1M | 75x | as long as short |
| dYdX XPL-USD | +0.136% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| HTX XPL-USDT | +0.139% | +0.0100% | 4h | $144K | $239K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.147% | +0.0100% | 1h | $135K | $3.2M | 10x | as long as short |
| OKX XPL-USDT-SWAP | +0.149% | +0.0100% | 4h | $9.4M | $52.8M | 50x | as long as short |
| Backpack XPL_USDC_PERP | +0.149% | −0.0120% | 1h | $183K | $281K | 10x | as long as short |
| SoDEX XPL-USD | +0.149% | +0.0100% | 1h | $297 | $9K | 10x | as long as short |
| BloFin XPL-USDT | +0.149% | +0.0340% | 4h | $1.9M | $1.2M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.163% | L −0.0039% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| Bitget XPLUSDT | +0.169% | +0.0100% | 4h | $8.7M | $10.7M | 75x | as long as short |
| gTrade (Gains Network) XPL/USDshort | +0.170% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | |
| Extended XPL-USD | +0.171% | +0.0104% | 1h | $638K | $835K | 25x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.189% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| Hyperliquid XPL | +0.218% | +0.0100% | 1h | $64.7M | $41.5M | 10x | as long as short |
| Phoenix XPL | +0.219% | +0.0241% | 1h | $203K | $623K | 10x | as long as short |
| Aevo XPL-PERP | +0.234% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Variational Omni XPL | +0.322% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| ApeX Omni XPLUSDT | +0.451% | +0.0100% | 1h | $29K | $80K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.566% | +0.4768% | 1h | $252K | $595K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +2.083% | +0.0840% | 1h | $78K | $122K | 50x | as long as short |
Aster XPLUSDT
gTrade (Gains Network) XPL/USD
KuCoin
SunX
Lighter
Gate
Bulk
Paradex
Pacifica
MEXC
Bybit
BingX
Binance
HTX
Polymarket Perps
OKX
Backpack
SoDEX
BloFin
GMX
Bitget
Extended
Deribit
Hyperliquid
Phoenix
Variational Omni
ApeX Omni
Kraken Futures
Coinbase International