After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.017%7d average+0.021%fees + slippage, in and out−$66spread needed0.663%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XPL_USDC_PERP | 0.1028 | 0.0027 | pay 0.0003% / 1h | 9m 45s | $191K | $281K | 10x |
| Short | Aster XPLUSDT | 0.1028 | 0.0100 | get 0.0050% / 4h | 1h 09m | $278K | $440K | 20x |
Backpack XPL_USDC_PERP
Aster XPLUSDTPrice 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
- −$1.69
- Funding while held
- $2.18
- Slippage, 4 orders
- −$48.34
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$65.84
- Spread needed to break even
- 0.663%
Slippage from Backpack: live order book, 45 min ago; Aster: live order book, 44 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0073%
- Per $10,000 a day
- +$2.18
- 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 Backpack live order book, 45 min ago | 0.49 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 44 min ago | 3.98 bp | 17.8 bp −$18 | 179.9 bp −$1,799 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.1025+35.382%ApeX Omni0.1025+35.386%SunX0.1025+35.386%Lighter0.1026+35.478%Orderly0.1027+35.650%Deribit0.1027+35.716%GMX0.1028+35.717%Gate0.1028+35.742%gTrade (Gains Network)0.1028+35.744%Aevo0.1028+35.759%KuCoin0.1028+35.769%Binance0.1028+35.771%BingX0.1028+35.782%SoDEX0.1028+35.782%
Reya
Bulk
ApeX Omni
SunX
Lighter
Orderly
Deribit
GMX
Gate
gTrade (Gains Network)
Aevo
KuCoin
Binance
BingX
SoDEXAster0.1028+35.799%
BloFin0.1028+35.808%Extended0.1028+35.812%Paradex0.1028+35.816%
BloFin
Extended
ParadexBackpack0.1028+35.822%
Nado0.1029+35.858%MEXC0.1029+35.861%Phoenix0.1029+35.861%dYdX0.1029+35.887%Bybit0.1029+35.914%Pacifica0.1029+35.922%Polymarket Perps0.1029+35.954%Variational Omni0.1029+35.971%HTX0.1029+35.980%OKX0.1030+36.020%Bitget0.1030+36.033%Hyperliquid0.1030+36.086%Kraken Futures0.1031+36.141%Coinbase International0.1032+36.310%
Nado
MEXC
Phoenix
dYdX
Bybit
Pacifica
Polymarket Perps
Variational Omni
HTX
OKX
Bitget
Hyperliquid
Kraken Futures
Coinbase InternationalXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.374% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.324% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.321% | +0.0100% | 1h | $30K | $86K | 50x | as long as short |
| SunX XPL-USDT | −0.321% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −0.253% | −0.1024% | 1h | $4.6M | $4.1M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.126% | +0.0032% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.078% | −0.0139% | 1h | $47K | $10K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.077% | L −0.0036% / S +0.0450% | 1h | $137K | — | 100x | as long as short |
| Gate XPL_USDT | −0.058% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.057% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XPL-PERP | −0.046% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | −0.039% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Binance XPLUSDT | −0.037% | +0.0100% | 4h | $48.1M | $90.0M | 75x | as long as short |
| BingX XPL-USDT | −0.029% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| SoDEX XPL-USD | −0.029% | +0.0100% | 1h | $211 | $9K | 10x | as long as short |
| Aster XPLUSDTshort | −0.017% | +0.0100% | 4h | $278K | $440K | 20x | |
| BloFin XPL-USDT | −0.010% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Extended XPL-USD | −0.007% | +0.0104% | 1h | $671K | $803K | 25x | as long as short |
| Paradex XPL-USD-PERP | −0.004% | +0.0088% | 8h | $12K | $946 | 5x | as long as short |
| Backpack XPL_USDC_PERPlong | 0.000% | +0.0027% | 1h | $191K | $281K | 10x | |
| Nado XPL-PERP | +0.027% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| MEXC XPL_USDT | +0.029% | +0.0100% | 4h | $14.5M | $7.1M | 100x | as long as short |
| Phoenix XPL | +0.029% | +0.0391% | 1h | $210K | $528K | 10x | as long as short |
| dYdX XPL-USD | +0.048% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Bybit XPLUSDT | +0.068% | +0.0100% | 4h | $50.8M | $45.6M | 75x | as long as short |
| Pacifica XPL | +0.074% | +0.0100% | 1h | $232K | $19K | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.097% | +0.0100% | 1h | $142K | $3.6M | 10x | as long as short |
| Variational Omni XPL | +0.110% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| HTX XPL-USDT | +0.117% | +0.0100% | 4h | $151K | $254K | 20x | as long as short |
| OKX XPL-USDT-SWAP | +0.146% | +0.0100% | 4h | $10.1M | $52.9M | 50x | as long as short |
| Bitget XPLUSDT | +0.156% | +0.0100% | 4h | $9.2M | $10.5M | 75x | as long as short |
| Hyperliquid XPL | +0.194% | +0.0185% | 1h | $68.8M | $34.9M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.235% | +0.0510% | 1h | $143K | $418K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.360% | +0.0880% | 1h | $109K | $121K | 50x | as long as short |