After costs, if the gap returns to its 7d average, $10k−$54
spread now+0.210%7d average+0.067%fees + slippage, in and out−$68spread needed0.682%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPLUSDT | 0.09995 | 0.0100 | pay 0.0050% / 4h | 27m 51s | $8.8M | $10.8M | 75x |
| Short | Hyperliquid XPL | 0.1002 | 0.0100 | get 0.0013% / 1h | 27m 51s | $66.6M | $35.6M | 10x |
Bitget XPLUSDT
Hyperliquid XPLPrice 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
- $21.01
- Funding while held
- $0
- Slippage, 4 orders
- −$47.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$47.18
- Spread needed to break even
- 0.682%
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Bitget live order book, 2 min ago | 5.02 bp | 17.4 bp −$17 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.61 bp | 15.4 bp −$15 | 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
Variational Omni0.09937+31.254%ApeX Omni0.09940+31.300%Phoenix0.09945+31.366%HTX0.09951+31.445%Nado0.09958+31.537%BloFin0.09962+31.590%01 Exchange0.09979+31.815%Lighter0.09980+31.828%Bulk0.09980+31.828%Paradex0.09981+31.837%Aevo0.09987+31.924%Bybit0.09988+31.934%OKX0.09989+31.947%Binance0.09990+31.957%BingX0.09990+31.960%Orderly0.09990+31.960%SunX0.09990+31.960%Extended0.09991+31.976%MEXC0.09993+32.000%Deribit0.09993+32.000%GMX0.09993+32.001%Gate0.09995+32.026%
Reya
Variational Omni
ApeX Omni
Phoenix
HTX
Nado
BloFin
Lighter
Bulk
Paradex
Aevo
Bybit
OKX
Binance
BingX
Orderly
SunX
Extended
MEXC
Deribit
GMX
GateBitget0.09995+32.026%
gTrade (Gains Network)0.09995+32.030%Pacifica0.09996+32.034%dYdX0.09996+32.039%Polymarket Perps0.09997+32.050%SoDEX0.1000+32.092%KuCoin0.1000+32.145%Backpack0.1000+32.145%Aster0.1001+32.172%
gTrade (Gains Network)
Pacifica
dYdX
Polymarket Perps
SoDEX
KuCoin
Backpack
AsterHyperliquid0.1002+32.303%
Coinbase International0.1002+32.303%Kraken Futures0.1003+32.502%
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 | −24.257% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −0.585% | +0.0100% | 4h | $1.8M | $1.7M | — | as long as short |
| ApeX Omni XPLUSDT | −0.550% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| Phoenix XPL | −0.500% | +0.0312% | 1h | $203K | $596K | 10x | as long as short |
| HTX XPL-USDT | −0.440% | +0.0100% | 4h | $146K | $256K | 20x | as long as short |
| Nado XPL-PERP | −0.370% | +0.0100% | 1h | $1.5M | $2.4M | 10x | as long as short |
| BloFin XPL-USDT | −0.330% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.160% | −0.0232% | 1h | $580 | $3K | 5x | as long as short |
| Lighter XPL | −0.150% | −0.0976% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Bulk XPL-USD | −0.150% | +0.0100% | 1h | $140K | $15K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XPL-USD-PERP | −0.143% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| Aevo XPL-PERP | −0.077% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Bybit XPLUSDT | −0.070% | +0.0100% | 4h | $48.9M | $47.0M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.060% | +0.0100% | 4h | $9.7M | $52.4M | 50x | as long as short |
| Binance XPLUSDT | −0.053% | +0.0100% | 4h | $46.4M | $92.7M | 75x | as long as short |
| BingX XPL-USDT | −0.050% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Orderly PERP_XPL_USDC | −0.050% | +0.0031% | 4h | $28K | $331K | 10x | as long as short |
| SunX XPL-USDT | −0.050% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Extended XPL-USD | −0.038% | +0.0104% | 1h | $650K | $802K | 25x | as long as short |
| MEXC XPL_USDT | −0.020% | +0.0100% | 4h | $14.3M | $7.4M | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.020% | 0.0000% | 1h | $47K | $11K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.019% | L −0.0039% / S +0.0453% | 1h | $133K | — | 100x | as long as short |
| Gate XPL_USDT | 0.000% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Bitget XPLUSDTlong | 0.000% | +0.0100% | 4h | $8.8M | $10.8M | 75x | |
| gTrade (Gains Network) XPL/USD | +0.003% | L +0.0005% / S −0.0004% | 1h | $71K | — | 150x | as long as short |
| Pacifica XPL | +0.006% | +0.0100% | 1h | $226K | $19K | 10x | as long as short |
| dYdX XPL-USD | +0.010% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Polymarket Perps XPL-USD | +0.018% | +0.0100% | 1h | $139K | $3.5M | 10x | as long as short |
| SoDEX XPL-USD | +0.050% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| KuCoin XPLUSDTM | +0.090% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Backpack XPL_USDC_PERP | +0.090% | −0.0252% | 1h | $183K | $288K | 10x | as long as short |
| Aster XPLUSDT | +0.110% | +0.0100% | 4h | $269K | $445K | 20x | as long as short |
| Hyperliquid XPLshort | +0.210% | +0.0100% | 1h | $66.6M | $35.6M | 10x | |
| Coinbase International XPL-PERP-INTX | +0.210% | +0.0888% | 1h | $75K | $143K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.360% | +0.1638% | 1h | $149K | $435K | 10x | as long as short |