Spread before costs (cost unknown: a leg has no order-book sample)−24.250%
7d average—if it closes, per $10,000$2425funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XPLUSDT | 0.09994 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $268K | $469K | 20x |
| Short | Reya XPLRUSDPERP | 0.07570 | 0 | get 0.0000% / 1h | 29m 14s | — | — | — |
Aster XPLUSDT
Reya XPLRUSDPERPPrice 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
- −$2,425.02
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$2,442.02
- Spread needed to break even
- 0.140%
Slippage unknown: Aster: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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, 5 min ago | 4.01 bp | 27.4 bp −$27 | 172.6 bp −$1,726 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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
Lighter0.09951+31.446%KuCoin0.09960+31.564%SunX0.09960+31.564%Bybit0.09962+31.591%Extended0.09964+31.615%Binance0.09964+31.617%Orderly0.09964+31.617%Bulk0.09965+31.630%OKX0.09966+31.644%Deribit0.09966+31.644%Aevo0.09966+31.645%MEXC0.09967+31.657%Bitget0.09969+31.683%BingX0.09970+31.697%ApeX Omni0.09970+31.697%Backpack0.09974+31.749%HTX0.09975+31.763%Variational Omni0.09979+31.815%SoDEX0.09980+31.829%Phoenix0.09981+31.842%BloFin0.09983+31.868%Paradex0.09985+31.893%Gate0.09985+31.895%Nado0.09985+31.895%01 Exchange0.09986+31.908%dYdX0.09987+31.924%GMX0.09988+31.928%gTrade (Gains Network)0.09988+31.934%Pacifica0.09990+31.958%
Lighter
KuCoin
SunX
Bybit
Extended
Binance
Orderly
Bulk
OKX
Deribit
Aevo
MEXC
Bitget
BingX
ApeX Omni
Backpack
HTX
Variational Omni
SoDEX
Phoenix
BloFin
Paradex
Gate
Nado
dYdX
GMX
gTrade (Gains Network)
PacificaAster0.09994+32.014%
Polymarket Perps0.09995+32.024%Hyperliquid0.1000+32.136%Kraken Futures0.1000+32.149%Coinbase International0.1002+32.397%
Polymarket Perps
Hyperliquid
Kraken Futures
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERPshort | −24.250% | 0.0000% | 1h | — | — | — | |
| Lighter XPL | −0.430% | −0.0672% | 1h | $4.5M | $4.2M | 10x | as long as short |
| KuCoin XPLUSDTM | −0.340% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
| SunX XPL-USDT | −0.340% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| Bybit XPLUSDT | −0.320% | +0.0100% | 4h | $47.9M | $49.4M | 75x | as long as short |
| Extended XPL-USD | −0.302% | +0.0104% | 1h | $634K | $853K | 25x | as long as short |
| Binance XPLUSDT | −0.300% | +0.0100% | 4h | $45.5M | $100.1M | 75x | as long as short |
| Orderly PERP_XPL_USDC | −0.300% | +0.0046% | 4h | $28K | $333K | 10x | as long as short |
| Bulk XPL-USD | −0.290% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.280% | +0.0100% | 4h | $9.4M | $52.8M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit XPL_USDC-PERPETUAL | −0.280% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| Aevo XPL-PERP | −0.279% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| MEXC XPL_USDT | −0.270% | +0.0100% | 4h | $13.7M | $7.3M | 100x | as long as short |
| Bitget XPLUSDT | −0.250% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| BingX XPL-USDT | −0.240% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| ApeX Omni XPLUSDT | −0.240% | +0.0100% | 1h | $26K | $82K | 50x | as long as short |
| Backpack XPL_USDC_PERP | −0.200% | −0.0375% | 1h | $184K | $282K | 10x | as long as short |
| HTX XPL-USDT | −0.190% | +0.0100% | 4h | $144K | $241K | 20x | as long as short |
| Variational Omni XPL | −0.151% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| SoDEX XPL-USD | −0.140% | +0.0100% | 1h | $204 | $10K | 10x | as long as short |
| Phoenix XPL | −0.130% | +0.0324% | 1h | $204K | $621K | 10x | as long as short |
| BloFin XPL-USDT | −0.110% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.092% | +0.0099% | 8h | $13K | $2K | 5x | as long as short |
| Gate XPL_USDT | −0.090% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Nado XPL-PERP | −0.090% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| 01 Exchange XPLUSD | −0.080% | −0.0032% | 1h | $581 | $583 | 5x | as long as short |
| dYdX XPL-USD | −0.068% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.065% | L +0.0206% / S +0.0037% | 1h | $140K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.060% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| Pacifica XPL | −0.042% | +0.0100% | 1h | $226K | $14K | 10x | as long as short |
| Aster XPLUSDTlong | 0.000% | +0.0100% | 4h | $268K | $469K | 20x | |
| Polymarket Perps XPL-USD | +0.008% | +0.0100% | 1h | $134K | $2.7M | 10x | as long as short |
| Hyperliquid XPL | +0.093% | +0.0295% | 1h | $65.8M | $43.7M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.103% | +0.2753% | 1h | $293K | $692K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.290% | +0.0848% | 1h | $77K | $117K | 50x | as long as short |