After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.019%7d average+0.023%fees + slippage, in and out−$45spread needed0.453%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPLUSDT | 0.09993 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $45.7M | $99.1M | 75x |
| Short | Backpack XPL_USDC_PERP | 0.09995 | −0.0178 | pay 0.0022% / 1h | 32m 52s | $184K | $287K | 10x |
Binance XPLUSDT
Backpack XPL_USDC_PERPPrice 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
- $1.91
- Funding while held
- −$8.33
- Slippage, 4 orders
- −$25.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$51.71
- Spread needed to break even
- 0.453%
Slippage from Binance: live order book, 11 min ago; Backpack: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0278%
- Per $10,000 a day
- −$8.33
- 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 Binance live order book, 11 min ago | 0.50 bp | 9.9 bp −$10 | 22.7 bp −$227 | 118.4 bp −$11.8K | doesn't fit |
| Sell Backpack live order book, 12 min ago | 1.51 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
Lighter0.09978+31.812%SunX0.09980+31.838%BloFin0.09981+31.851%Bybit0.09985+31.904%Paradex0.09986+31.913%Gate0.09987+31.931%KuCoin0.09988+31.944%Aster0.09989+31.954%Nado0.09989+31.964%SoDEX0.09990+31.970%HTX0.09990+31.970%OKX0.09991+31.983%BingX0.09991+31.983%Extended0.09992+32.000%Pacifica0.09992+32.002%01 Exchange0.09993+32.010%MEXC0.09993+32.010%
Reya
Lighter
SunX
BloFin
Bybit
Paradex
Gate
KuCoin
Aster
Nado
SoDEX
HTX
OKX
BingX
Extended
Pacifica
MEXCBinance0.09993+32.011%
Polymarket Perps0.09994+32.022%Bitget0.09994+32.023%
Polymarket Perps
BitgetBackpack0.09995+32.036%
Aevo0.09995+32.036%Variational Omni0.09996+32.052%dYdX0.09997+32.065%GMX0.09998+32.075%Orderly0.09998+32.076%Deribit0.09998+32.076%gTrade (Gains Network)0.09999+32.092%Bulk0.1000+32.102%Hyperliquid0.1001+32.232%ApeX Omni0.1002+32.367%Phoenix0.1003+32.459%Coinbase International0.1003+32.485%Kraken Futures0.1005+32.754%
Aevo
Variational Omni
dYdX
GMX
Orderly
Deribit
gTrade (Gains Network)
Bulk
Hyperliquid
ApeX Omni
Phoenix
Coinbase International
Kraken FuturesXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.249% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPL | −0.151% | −0.0968% | 1h | $4.5M | $4.2M | 10x | as long as short |
| SunX XPL-USDT | −0.131% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| BloFin XPL-USDT | −0.121% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Bybit XPLUSDT | −0.081% | +0.0034% | 4h | $48.2M | $49.2M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.074% | +0.0093% | 8h | $13K | $1K | 5x | as long as short |
| Gate XPL_USDT | −0.061% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| KuCoin XPLUSDTM | −0.051% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Aster XPLUSDT | −0.043% | +0.0100% | 4h | $269K | $456K | 20x | as long as short |
| Nado XPL-PERP | −0.036% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XPL-USD | −0.031% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| HTX XPL-USDT | −0.031% | +0.0100% | 4h | $145K | $243K | 20x | as long as short |
| OKX XPL-USDT-SWAP | −0.021% | +0.0100% | 4h | $9.4M | $54.6M | 50x | as long as short |
| BingX XPL-USDT | −0.021% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USD | −0.009% | +0.0104% | 1h | $647K | $829K | 25x | as long as short |
| Pacifica XPL | −0.007% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| 01 Exchange XPLUSD | −0.001% | −0.0160% | 1h | $581 | $582 | 5x | as long as short |
| MEXC XPL_USDT | −0.001% | +0.0100% | 4h | $14.0M | $7.6M | 100x | as long as short |
| Binance XPLUSDTlong | 0.000% | +0.0100% | 4h | $45.7M | $99.1M | 75x | |
| Polymarket Perps XPL-USD | +0.008% | +0.0100% | 1h | $135K | $3.5M | 10x | as long as short |
| Bitget XPLUSDT | +0.009% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| Backpack XPL_USDC_PERPshort | +0.019% | −0.0178% | 1h | $184K | $287K | 10x | |
| Aevo XPL-PERP | +0.019% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Variational Omni XPL | +0.031% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| dYdX XPL-USD | +0.041% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.048% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Orderly PERP_XPL_USDC | +0.049% | +0.0019% | 4h | $28K | $333K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.049% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.061% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Bulk XPL-USD | +0.069% | +0.0100% | 1h | $142K | $54K | 10x | as long as short |
| Hyperliquid XPL | +0.167% | +0.0154% | 1h | $65.5M | $40.8M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.269% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| Phoenix XPL | +0.339% | +0.0245% | 1h | $205K | $618K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.359% | +0.0840% | 1h | $77K | $134K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.563% | +0.1426% | 1h | $257K | $588K | 10x | as long as short |