After costs, if the gap returns to its 7d average, $10k−$145
spread now+0.955%7d average+0.663%fees + slippage, in and out−$174spread needed1.741%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XPL-USD | 0.1005 | 0.0100 | pay 0.0013% / 1h | 11m 11s | $141K | $6K | 10x |
| Short | Coinbase International XPL-PERP-INTX | 0.1015 | 0.0888 | get 0.0111% / 1h | 11m 11s | $76K | $142K | 50x |
Bulk XPL-USD
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
- $95.47
- Funding while held
- $23.64
- Slippage, 4 orders
- −$157.08
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$54.97
- Spread needed to break even
- 1.741%
Slippage from Bulk: live order book, 39 min ago; Coinbase International: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0788%
- Per $10,000 a day
- +$23.64
- 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 Bulk live order book, 39 min ago | 4.89 bp | 8.4 bp −$8 | 20.7 bp −$207 | 53.8 bp −$5,380 | doesn't fit |
| Sell Coinbase International live order book, 38 min ago | 58.61 bp | 83.8 bp −$84 | 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
Lighter0.1002+32.307%SunX0.1002+32.360%dYdX0.1003+32.433%Paradex0.1003+32.472%KuCoin0.1003+32.479%HTX0.1003+32.479%Bybit0.1003+32.492%Orderly0.1003+32.492%SoDEX0.1003+32.492%Pacifica0.1003+32.496%Extended0.1003+32.512%MEXC0.1003+32.532%Deribit0.1003+32.532%GMX0.1003+32.536%gTrade (Gains Network)0.1003+32.541%Aster0.1003+32.542%Aevo0.1003+32.544%Gate0.1003+32.545%Binance0.1003+32.550%OKX0.1004+32.571%01 Exchange0.1004+32.571%Nado0.1004+32.578%Variational Omni0.1004+32.580%BingX0.1004+32.598%Backpack0.1004+32.598%Polymarket Perps0.1004+32.624%Bitget0.1004+32.637%BloFin0.1004+32.664%
Reya
Lighter
SunX
dYdX
Paradex
KuCoin
HTX
Bybit
Orderly
SoDEX
Pacifica
Extended
MEXC
Deribit
GMX
gTrade (Gains Network)
Aster
Aevo
Gate
Binance
OKX
Nado
Variational Omni
BingX
Backpack
Polymarket Perps
Bitget
BloFinBulk0.1005+32.770%
Kraken Futures0.1005+32.777%Hyperliquid0.1006+32.849%Phoenix0.1007+33.020%ApeX Omni0.1009+33.285%
Kraken Futures
Hyperliquid
Phoenix
ApeX OmniCoinbase International0.1015+34.038%
XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.682% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPL | −0.349% | −0.0872% | 1h | $4.5M | $4.2M | 10x | as long as short |
| SunX XPL-USDT | −0.309% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| dYdX XPL-USD | −0.254% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Paradex XPL-USD-PERP | −0.225% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| KuCoin XPLUSDTM | −0.219% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| HTX XPL-USDT | −0.219% | +0.0100% | 4h | $147K | $255K | 20x | as long as short |
| Bybit XPLUSDT | −0.209% | +0.0100% | 4h | $48.8M | $47.6M | 75x | as long as short |
| Orderly PERP_XPL_USDC | −0.209% | +0.0028% | 4h | $28K | $331K | 10x | as long as short |
| SoDEX XPL-USD | −0.209% | +0.0100% | 1h | $214 | $9K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XPL | −0.206% | +0.0100% | 1h | $227K | $19K | 10x | as long as short |
| Extended XPL-USD | −0.194% | +0.0104% | 1h | $652K | $807K | 25x | as long as short |
| MEXC XPL_USDT | −0.180% | +0.0100% | 4h | $14.4M | $7.5M | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.180% | 0.0000% | 1h | $47K | $11K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.177% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.173% | L +0.0005% / S −0.0004% | 1h | $72K | — | 150x | as long as short |
| Aster XPLUSDT | −0.172% | +0.0100% | 4h | $270K | $447K | 20x | as long as short |
| Aevo XPL-PERP | −0.171% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Gate XPL_USDT | −0.170% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Binance XPLUSDT | −0.166% | +0.0100% | 4h | $46.6M | $93.8M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.150% | +0.0100% | 4h | $9.7M | $52.9M | 50x | as long as short |
| 01 Exchange XPLUSD | −0.150% | −0.0144% | 1h | $583 | $3K | 5x | as long as short |
| Nado XPL-PERP | −0.145% | +0.0100% | 1h | $1.5M | $2.4M | 10x | as long as short |
| Variational Omni XPL | −0.143% | +0.0100% | 4h | $1.8M | $1.7M | — | as long as short |
| BingX XPL-USDT | −0.130% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Backpack XPL_USDC_PERP | −0.130% | −0.0199% | 1h | $186K | $289K | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.110% | +0.0100% | 1h | $139K | $3.5M | 10x | as long as short |
| Bitget XPLUSDT | −0.100% | +0.0100% | 4h | $8.9M | $10.8M | 75x | as long as short |
| BloFin XPL-USDT | −0.080% | +0.0340% | 4h | $1.9M | $1.2M | 75x | as long as short |
| Bulk XPL-USDlong | 0.000% | +0.0100% | 1h | $141K | $6K | 10x | |
| Kraken Futures PF_XPLUSD | +0.005% | +0.1634% | 1h | $150K | $439K | 10x | as long as short |
| Hyperliquid XPL | +0.059% | +0.0287% | 1h | $67.3M | $36.0M | 10x | as long as short |
| Phoenix XPL | +0.189% | +0.0312% | 1h | $205K | $596K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.388% | +0.0100% | 1h | $30K | $89K | 50x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +0.955% | +0.0888% | 1h | $76K | $142K | 50x |