After costs, if the gap returns to its 7d average, $10k−$1
spread now+0.485%7d average+0.101%fees + slippage, in and out−$40spread needed0.398%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPL-USDT | 0.09785 | 0.0340 | pay 0.0170% / 4h | 3h 58m | $1.9M | $1.1M | 75x |
| Short | Polymarket Perps XPL-USD | 0.09832 | 0.0100 | get 0.0013% / 1h | 58m 11s | $135K | $3.5M | 10x |
BloFin XPL-USDT
Polymarket Perps XPL-USDPrice 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
- $48.54
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$19.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $1.56
- Spread needed to break even
- 0.398%
Slippage from BloFin: live order book, 1 min ago; Polymarket Perps: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- 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 BloFin live order book, 1 min ago | 2.55 bp | 9.5 bp −$10 | 18.9 bp −$189 | 76.9 bp −$7,685 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 3.83 bp | 7.8 bp −$8 | 14.1 bp −$141 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
ReyaBloFin0.09785+29.259%
Variational Omni0.09788+29.293%HTX0.09799+29.444%ApeX Omni0.09810+29.590%Bybit0.09814+29.642%Lighter0.09816+29.669%KuCoin0.09816+29.669%01 Exchange0.09820+29.722%SunX0.09820+29.722%Pacifica0.09821+29.732%Nado0.09822+29.748%Paradex0.09828+29.821%dYdX0.09828+29.834%Aster0.09829+29.837%Aevo0.09830+29.854%SoDEX0.09830+29.854%Extended0.09832+29.878%Orderly0.09832+29.880%
Variational Omni
HTX
ApeX Omni
Bybit
Lighter
KuCoin
SunX
Pacifica
Nado
Paradex
dYdX
Aster
Aevo
SoDEX
Extended
OrderlyPolymarket Perps0.09832+29.887%
Deribit0.09833+29.893%Binance0.09834+29.906%Gate0.09834+29.907%MEXC0.09834+29.907%gTrade (Gains Network)0.09837+29.945%GMX0.09838+29.957%BingX0.09838+29.959%Backpack0.09840+29.986%OKX0.09842+30.012%Hyperliquid0.09843+30.020%Bitget0.09843+30.025%Phoenix0.09848+30.091%Kraken Futures0.09897+30.743%Bulk0.09955+31.506%Coinbase International0.1015+34.041%
Deribit
Binance
Gate
MEXC
gTrade (Gains Network)
GMX
BingX
Backpack
OKX
Hyperliquid
Bitget
Phoenix
Kraken Futures
Bulk
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −22.636% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDTlong | 0.000% | +0.0340% | 4h | $1.9M | $1.1M | 75x | |
| Variational Omni XPL | +0.026% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| HTX XPL-USDT | +0.143% | +0.0100% | 4h | $142K | $253K | 20x | as long as short |
| ApeX Omni XPLUSDT | +0.255% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| Bybit XPLUSDT | +0.296% | +0.0100% | 4h | $47.6M | $48.7M | 75x | as long as short |
| Lighter XPL | +0.317% | −0.1144% | 1h | $4.4M | $4.2M | 10x | as long as short |
| KuCoin XPLUSDTM | +0.317% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| 01 Exchange XPLUSD | +0.358% | −0.0440% | 1h | $571 | $582 | 5x | as long as short |
| SunX XPL-USDT | +0.358% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XPL | +0.366% | +0.0100% | 1h | $222K | $15K | 10x | as long as short |
| Nado XPL-PERP | +0.378% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.435% | +0.0092% | 8h | $12K | $1K | 5x | as long as short |
| dYdX XPL-USD | +0.445% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Aster XPLUSDT | +0.447% | +0.0100% | 4h | $265K | $449K | 20x | as long as short |
| Aevo XPL-PERP | +0.460% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| SoDEX XPL-USD | +0.460% | +0.0100% | 1h | $207 | $9K | 10x | as long as short |
| Extended XPL-USD | +0.479% | +0.0104% | 1h | $633K | $824K | 25x | as long as short |
| Orderly PERP_XPL_USDC | +0.480% | +0.0022% | 4h | $27K | $331K | 10x | as long as short |
| Polymarket Perps XPL-USDshort | +0.485% | +0.0100% | 1h | $135K | $3.5M | 10x | |
| Deribit XPL_USDC-PERPETUAL | +0.491% | −0.0055% | 1h | $49K | $17K | 25x | as long as short |
| Binance XPLUSDT | +0.500% | +0.0100% | 4h | $45.0M | $96.6M | 75x | as long as short |
| Gate XPL_USDT | +0.501% | +0.0100% | 4h | $3.0M | $3.8M | 75x | as long as short |
| MEXC XPL_USDT | +0.501% | +0.0100% | 4h | $13.8M | $7.5M | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.530% | L +0.0005% / S −0.0004% | 1h | $54K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.540% | L −0.0040% / S +0.0454% | 1h | $133K | — | 100x | as long as short |
| BingX XPL-USDT | +0.542% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.562% | −0.0277% | 1h | $183K | $290K | 10x | as long as short |
| OKX XPL-USDT-SWAP | +0.583% | +0.0100% | 4h | $9.2M | $52.8M | 50x | as long as short |
| Hyperliquid XPL | +0.589% | +0.0100% | 1h | $63.5M | $38.5M | 10x | as long as short |
| Bitget XPLUSDT | +0.593% | +0.0100% | 4h | $8.6M | $11.1M | 75x | as long as short |
| Phoenix XPL | +0.644% | +0.0312% | 1h | $201K | $593K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +1.148% | +0.1448% | 1h | $253K | $581K | 10x | as long as short |
| Bulk XPL-USD | +1.738% | +0.0100% | 1h | $140K | $6K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +3.700% | +0.0840% | 1h | $76K | $135K | 50x | as long as short |