Spread before costs (cost unknown: a leg has no order-book sample)+0.097%
7d average+0.037%if it closes, per $10,000$10funding while held, a day−$23.82
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPL-USDT | 0.1005 | 0.0340 | pay 0.0170% / 4h | 3h 52m | $1.8M | $1.2M | 75x |
| Short | GMX XPL/USD [WBTC.b-USDC] | 0.1006 | L −0.0040% / S +0.0454% | pay 0.0057% / 1h | 52m 19s | $136K | — | 100x |
BloFin XPL-USDT
GMX XPL/USD [WBTC.b-USDC]Price 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
- $9.65
- Funding while held
- −$23.82
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$38.17
- Spread needed to break even
- 0.240%
Slippage unknown: BloFin: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0794%
- Per $10,000 a day
- −$23.82
- 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 BloFin live order book, 2 min ago | 1.00 bp | 7.0 bp −$7 | 12.6 bp −$126 | 55.6 bp −$5,562 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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
Variational Omni0.09913+30.956%HTX0.09926+31.122%ApeX Omni0.09930+31.175%Bulk0.09946+31.391%Phoenix0.09962+31.598%Lighter0.1000+32.113%Paradex0.1001+32.203%KuCoin0.1001+32.232%01 Exchange0.1001+32.258%SunX0.1002+32.364%Pacifica0.1002+32.372%dYdX0.1002+32.410%Aster0.1002+32.417%Polymarket Perps0.1003+32.430%Bybit0.1003+32.456%SoDEX0.1003+32.496%OKX0.1003+32.522%Orderly0.1003+32.522%Aevo0.1003+32.526%Extended0.1003+32.554%Deribit0.1003+32.562%Bitget0.1004+32.575%Backpack0.1004+32.602%Nado0.1004+32.602%BingX0.1004+32.641%Gate0.1005+32.707%MEXC0.1005+32.707%
Reya
Variational Omni
HTX
ApeX Omni
Bulk
Phoenix
Lighter
Paradex
KuCoin
SunX
Pacifica
dYdX
Aster
Polymarket Perps
Bybit
SoDEX
OKX
Orderly
Aevo
Extended
Deribit
Bitget
Backpack
Nado
BingX
Gate
MEXCBloFin0.1005+32.721%
Binance0.1005+32.742%gTrade (Gains Network)0.1005+32.767%Hyperliquid0.1005+32.772%
Binance
gTrade (Gains Network)
HyperliquidGMX0.1006+32.849%
Coinbase International0.1007+32.985%Kraken Futures0.1009+33.245%
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 | −24.654% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −1.329% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| HTX XPL-USDT | −1.204% | +0.0100% | 4h | $144K | $252K | 20x | as long as short |
| ApeX Omni XPLUSDT | −1.165% | +0.0449% | 1h | $29K | $88K | 50x | as long as short |
| Bulk XPL-USD | −1.002% | +0.0100% | 1h | $139K | $6K | 10x | as long as short |
| Phoenix XPL | −0.846% | +0.0245% | 1h | $203K | $618K | 10x | as long as short |
| Lighter XPL | −0.458% | −0.1016% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.390% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| KuCoin XPLUSDTM | −0.368% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| 01 Exchange XPLUSD | −0.348% | −0.0240% | 1h | $582 | $582 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX XPL-USDT | −0.269% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| Pacifica XPL | −0.263% | +0.0100% | 1h | $227K | $15K | 10x | as long as short |
| dYdX XPL-USD | −0.234% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Aster XPLUSDT | −0.228% | +0.0100% | 4h | $270K | $450K | 20x | as long as short |
| Polymarket Perps XPL-USD | −0.219% | +0.0100% | 1h | $138K | $3.5M | 10x | as long as short |
| Bybit XPLUSDT | −0.199% | +0.0100% | 4h | $48.5M | $49.0M | 75x | as long as short |
| SoDEX XPL-USD | −0.169% | +0.0100% | 1h | $211 | $9K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.149% | +0.0100% | 4h | $9.5M | $54.3M | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.149% | +0.0017% | 4h | $28K | $331K | 10x | as long as short |
| Aevo XPL-PERP | −0.146% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Extended XPL-USD | −0.126% | +0.0104% | 1h | $647K | $832K | 25x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.119% | −0.0148% | 1h | $50K | $17K | 25x | as long as short |
| Bitget XPLUSDT | −0.109% | +0.0100% | 4h | $8.8M | $11.2M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.090% | +0.0050% | 1h | $186K | $290K | 10x | as long as short |
| Nado XPL-PERP | −0.090% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| BingX XPL-USDT | −0.060% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Gate XPL_USDT | −0.010% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| MEXC XPL_USDT | −0.010% | +0.0100% | 4h | $14.1M | $7.5M | 100x | as long as short |
| BloFin XPL-USDTlong | 0.000% | +0.0340% | 4h | $1.8M | $1.2M | 75x | |
| Binance XPLUSDT | +0.016% | +0.0100% | 4h | $45.9M | $97.8M | 75x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.035% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| Hyperliquid XPL | +0.039% | +0.0260% | 1h | $65.9M | $39.3M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC]short | +0.097% | L −0.0040% / S +0.0454% | 1h | $136K | — | 100x | |
| Coinbase International XPL-PERP-INTX | +0.199% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.395% | +0.1421% | 1h | $258K | $590K | 10x | as long as short |