After costs, if the gap returns to its 7d average, $10k−$177
spread now+0.319%7d average+0.674%fees + slippage, in and out−$142spread needed1.417%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPLUSDT | 0.1002 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $8.7M | $11.2M | 75x |
| Short | Coinbase International XPL-PERP-INTX | 0.1006 | 0.0840 | get 0.0105% / 1h | 29m 01s | $78K | $134K | 50x |
Bitget XPLUSDT
Coinbase International XPL-PERP-INTXPrice 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
- $31.93
- Funding while held
- $22.2
- Slippage, 4 orders
- −$119.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$87.55
- Spread needed to break even
- 1.417%
Slippage from Bitget: live order book, 1 min ago; Coinbase International: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0740%
- Per $10,000 a day
- +$22.20
- 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 Bitget live order book, 1 min ago | 3.49 bp | 19.1 bp −$19 | 43.8 bp −$438 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 15 min ago | 37.47 bp | 59.3 bp −$59 | 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
Bulk0.1000+32.096%Phoenix0.1001+32.215%Paradex0.1001+32.222%SunX0.1001+32.228%KuCoin0.1001+32.241%Lighter0.1002+32.294%Bybit0.1002+32.347%Pacifica0.1002+32.348%BingX0.1002+32.360%SoDEX0.1002+32.360%BloFin0.1002+32.360%Variational Omni0.1002+32.387%Extended0.1002+32.396%Nado0.1002+32.400%OKX0.1002+32.400%01 Exchange0.1002+32.400%Gate0.1002+32.400%MEXC0.1002+32.400%
Reya
Bulk
Phoenix
Paradex
SunX
KuCoin
Lighter
Bybit
Pacifica
BingX
SoDEX
BloFin
Variational Omni
Extended
Nado
OKX
Gate
MEXCBitget0.1002+32.400%
Binance0.1002+32.413%Backpack0.1003+32.426%Orderly0.1003+32.426%Polymarket Perps0.1003+32.439%dYdX0.1003+32.440%GMX0.1003+32.479%Aevo0.1003+32.480%Aster0.1003+32.483%Deribit0.1003+32.492%gTrade (Gains Network)0.1003+32.499%HTX0.1003+32.519%Hyperliquid0.1004+32.624%ApeX Omni0.1004+32.624%
Binance
Backpack
Orderly
Polymarket Perps
dYdX
GMX
Aevo
Aster
Deribit
gTrade (Gains Network)
HTX
Hyperliquid
ApeX OmniCoinbase International0.1006+32.822%
Kraken Futures0.1008+33.131%
Kraken FuturesXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.471% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.229% | +0.0100% | 1h | $142K | $54K | 10x | as long as short |
| Phoenix XPL | −0.140% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.134% | +0.0093% | 8h | $13K | $1K | 5x | as long as short |
| SunX XPL-USDT | −0.130% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| KuCoin XPLUSDTM | −0.120% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Lighter XPL | −0.080% | −0.0872% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Bybit XPLUSDT | −0.040% | +0.0100% | 4h | $48.3M | $49.3M | 75x | as long as short |
| Pacifica XPL | −0.039% | +0.0100% | 1h | $227K | $15K | 10x | as long as short |
| BingX XPL-USDT | −0.030% | +0.0100% | 4h | — | $8.0M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XPL-USD | −0.030% | +0.0100% | 1h | $209 | $9K | 10x | as long as short |
| BloFin XPL-USDT | −0.030% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Variational Omni XPL | −0.009% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Extended XPL-USD | −0.003% | +0.0104% | 1h | $647K | $829K | 25x | as long as short |
| Nado XPL-PERP | 0.000% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| OKX XPL-USDT-SWAP | 0.000% | +0.0100% | 4h | $9.4M | $54.7M | 50x | as long as short |
| 01 Exchange XPLUSD | 0.000% | −0.0136% | 1h | $583 | $582 | 5x | as long as short |
| Gate XPL_USDT | 0.000% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| MEXC XPL_USDT | 0.000% | +0.0100% | 4h | $14.0M | $7.6M | 100x | as long as short |
| Bitget XPLUSDTlong | 0.000% | +0.0100% | 4h | $8.7M | $11.2M | 75x | |
| Binance XPLUSDT | +0.010% | +0.0100% | 4h | $45.7M | $99.0M | 75x | as long as short |
| Backpack XPL_USDC_PERP | +0.020% | −0.0131% | 1h | $185K | $288K | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.020% | +0.0022% | 4h | $28K | $333K | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.030% | +0.0100% | 1h | $135K | $3.5M | 10x | as long as short |
| dYdX XPL-USD | +0.030% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.060% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Aevo XPL-PERP | +0.061% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Aster XPLUSDT | +0.063% | +0.0100% | 4h | $268K | $456K | 20x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.070% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.075% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| HTX XPL-USDT | +0.090% | +0.0100% | 4h | $145K | $242K | 20x | as long as short |
| Hyperliquid XPL | +0.170% | +0.0179% | 1h | $65.7M | $40.8M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.170% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +0.319% | +0.0840% | 1h | $78K | $134K | 50x | |
| Kraken Futures PF_XPLUSD | +0.552% | +0.1422% | 1h | $258K | $586K | 10x | as long as short |