Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average—if it closes, per $10,000$2funding while held, a day−$4.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPLUSDT | 0.09869 | 0.0100 | pay 0.0050% / 4h | 58m 13s | $8.6M | $10.8M | 75x |
| Short | Deribit XPL_USDC-PERPETUAL | 0.09871 | −0.0054 | pay 0.0007% / 1h | 58m 13s | $49K | $17K | 25x |
Bitget XPLUSDT
Deribit XPL_USDC-PERPETUALPrice 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
- $2.03
- Funding while held
- −$4.61
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$21.59
- Spread needed to break even
- 0.190%
Slippage unknown: Bitget: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0154%
- Per $10,000 a day
- −$4.61
- 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, 2 min ago | 2.53 bp | 21.2 bp −$21 | 49.5 bp −$495 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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
SunX0.09840+29.980%Lighter0.09857+30.205%Gate0.09863+30.284%Paradex0.09863+30.284%Nado0.09863+30.290%HTX0.09864+30.297%Bybit0.09865+30.310%Extended0.09866+30.323%Binance0.09866+30.323%01 Exchange0.09866+30.323%OKX0.09867+30.337%MEXC0.09867+30.337%BingX0.09867+30.337%Orderly0.09868+30.350%
Reya
SunX
Lighter
Gate
Paradex
Nado
HTX
Bybit
Extended
Binance
OKX
MEXC
BingX
OrderlyBitget0.09869+30.363%
SoDEX0.09870+30.376%GMX0.09871+30.384%
SoDEX
GMXDeribit0.09871+30.389%
Aster0.09872+30.409%gTrade (Gains Network)0.09873+30.411%Pacifica0.09873+30.412%Aevo0.09873+30.412%KuCoin0.09873+30.416%Backpack0.09874+30.429%Polymarket Perps0.09876+30.456%dYdX0.09876+30.457%Hyperliquid0.09879+30.494%BloFin0.09892+30.667%Phoenix0.09897+30.733%Kraken Futures0.09911+30.919%Bulk0.09914+30.953%Variational Omni0.09915+30.967%ApeX Omni0.09920+31.037%Coinbase International0.1002+32.397%
Aster
gTrade (Gains Network)
Pacifica
Aevo
KuCoin
Backpack
Polymarket Perps
dYdX
Hyperliquid
BloFin
Phoenix
Kraken Futures
Bulk
Variational Omni
ApeX Omni
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −23.291% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.294% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Lighter XPL | −0.122% | −0.0856% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Gate XPL_USDT | −0.061% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.060% | +0.0098% | 8h | $13K | $2K | 5x | as long as short |
| Nado XPL-PERP | −0.056% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| HTX XPL-USDT | −0.051% | +0.0100% | 4h | $142K | $243K | 20x | as long as short |
| Bybit XPLUSDT | −0.041% | +0.0100% | 4h | $47.4M | $49.2M | 75x | as long as short |
| Extended XPL-USD | −0.031% | +0.0104% | 1h | $660K | $913K | 25x | as long as short |
| Binance XPLUSDT | −0.030% | +0.0100% | 4h | $44.9M | $100.1M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange XPLUSD | −0.030% | −0.0224% | 1h | $574 | $582 | 5x | as long as short |
| OKX XPL-USDT-SWAP | −0.020% | +0.0100% | 4h | $9.2M | $52.1M | 50x | as long as short |
| MEXC XPL_USDT | −0.020% | +0.0100% | 4h | $13.7M | $7.2M | 100x | as long as short |
| BingX XPL-USDT | −0.020% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Orderly PERP_XPL_USDC | −0.010% | +0.0050% | 4h | $27K | $333K | 10x | as long as short |
| Bitget XPLUSDTlong | 0.000% | +0.0100% | 4h | $8.6M | $10.8M | 75x | |
| SoDEX XPL-USD | +0.010% | +0.0100% | 1h | $209 | $10K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.016% | L −0.0039% / S +0.0454% | 1h | $133K | — | 100x | as long as short |
| Deribit XPL_USDC-PERPETUALshort | +0.020% | −0.0054% | 1h | $49K | $17K | 25x | |
| Aster XPLUSDT | +0.035% | +0.0100% | 4h | $271K | $487K | 20x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.037% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Pacifica XPL | +0.037% | +0.0100% | 1h | $223K | $14K | 10x | as long as short |
| Aevo XPL-PERP | +0.037% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | +0.041% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
| Backpack XPL_USDC_PERP | +0.051% | −0.0659% | 1h | $184K | $282K | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.071% | +0.0100% | 1h | $133K | $2.7M | 10x | as long as short |
| dYdX XPL-USD | +0.072% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Hyperliquid XPL | +0.100% | +0.0100% | 1h | $64.7M | $44.0M | 10x | as long as short |
| BloFin XPL-USDT | +0.233% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Phoenix XPL | +0.284% | +0.0324% | 1h | $202K | $620K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.426% | +0.2833% | 1h | $291K | $692K | 10x | as long as short |
| Bulk XPL-USD | +0.453% | +0.0100% | 1h | $141K | $54K | 10x | as long as short |
| Variational Omni XPL | +0.464% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| ApeX Omni XPLUSDT | +0.517% | +0.0100% | 1h | $26K | $83K | 50x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.560% | +0.0880% | 1h | $77K | $117K | 50x | as long as short |