After costs, if the gap returns to its 7d average, $10k−$125
spread now−0.958%7d average−0.068%fees + slippage, in and out−$36spread needed0.363%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XPL-USD | 0.1001 | 0.0100 | pay 0.0013% / 1h | 19m 53s | $142K | $52K | 10x |
| Short | Lighter XPL | 0.09918 | −0.0880 | pay 0.0110% / 1h | 19m 53s | $4.5M | $4.2M | 10x |
Bulk XPL-USD
Lighter 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
- −$95.83
- Funding while held
- −$29.4
- Slippage, 4 orders
- −$29.33
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$161.56
- Spread needed to break even
- 0.363%
Slippage from Bulk: live order book, 25 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0980%
- Per $10,000 a day
- −$29.40
- 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, 25 min ago | 5.05 bp | 8.6 bp −$9 | 14.3 bp −$143 | 49.0 bp −$4,904 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 3.50 bp | 5.6 bp −$6 | 28.0 bp −$280 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
KuCoin0.09900+30.773%BingX0.09908+30.879%Binance0.09910+30.905%Bybit0.09910+30.905%MEXC0.09915+30.971%
Reya
KuCoin
BingX
Binance
Bybit
MEXCLighter0.09918+31.011%
Extended0.09921+31.048%Gate0.09921+31.051%OKX0.09924+31.090%Nado0.09926+31.117%Backpack0.09927+31.130%Bitget0.09928+31.143%01 Exchange0.09929+31.156%SunX0.09930+31.169%Paradex0.09931+31.177%Polymarket Perps0.09932+31.197%GMX0.09935+31.230%gTrade (Gains Network)0.09935+31.241%Aster0.09938+31.272%Hyperliquid0.09938+31.274%Orderly0.09938+31.275%Aevo0.09940+31.302%SoDEX0.09940+31.302%Deribit0.09942+31.328%dYdX0.09945+31.365%Pacifica0.09945+31.372%HTX0.09948+31.407%BloFin0.09949+31.420%Variational Omni0.09972+31.729%Phoenix0.09993+32.002%Kraken Futures0.1001+32.190%ApeX Omni0.1001+32.226%
Extended
Gate
OKX
Nado
Backpack
Bitget
SunX
Paradex
Polymarket Perps
GMX
gTrade (Gains Network)
Aster
Hyperliquid
Orderly
Aevo
SoDEX
Deribit
dYdX
Pacifica
HTX
BloFin
Variational Omni
Phoenix
Kraken Futures
ApeX OmniBulk0.1001+32.279%
Coinbase International0.1006+32.821%
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.402% | 0.0000% | 1h | — | — | — | as long as short |
| KuCoin XPLUSDTM | −1.138% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| BingX XPL-USDT | −1.058% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Binance XPLUSDT | −1.038% | +0.0100% | 4h | $45.2M | $98.9M | 75x | as long as short |
| Bybit XPLUSDT | −1.038% | +0.0100% | 4h | $47.7M | $49.3M | 75x | as long as short |
| MEXC XPL_USDT | −0.988% | +0.0100% | 4h | $13.8M | $7.6M | 100x | as long as short |
| Lighter XPLshort | −0.958% | −0.0880% | 1h | $4.5M | $4.2M | 10x | |
| Extended XPL-USD | −0.930% | +0.0104% | 1h | $643K | $829K | 25x | as long as short |
| Gate XPL_USDT | −0.928% | +0.0100% | 4h | $3.0M | $3.9M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.898% | +0.0100% | 4h | $9.3M | $54.2M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | −0.878% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.868% | −0.0185% | 1h | $183K | $287K | 10x | as long as short |
| Bitget XPLUSDT | −0.858% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.848% | −0.0112% | 1h | $577 | $582 | 5x | as long as short |
| SunX XPL-USDT | −0.838% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| Paradex XPL-USD-PERP | −0.833% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| Polymarket Perps XPL-USD | −0.818% | +0.0100% | 1h | $134K | $3.4M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.793% | L −0.0040% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.785% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Aster XPLUSDT | −0.761% | +0.0100% | 4h | $265K | $455K | 20x | as long as short |
| Hyperliquid XPL | −0.760% | +0.0182% | 1h | $65.0M | $40.9M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.759% | +0.0022% | 4h | $28K | $333K | 10x | as long as short |
| Aevo XPL-PERP | −0.739% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| SoDEX XPL-USD | −0.739% | +0.0100% | 1h | $208 | $9K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.719% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| dYdX XPL-USD | −0.691% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | −0.686% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| HTX XPL-USDT | −0.659% | +0.0100% | 4h | $144K | $242K | 20x | as long as short |
| BloFin XPL-USDT | −0.649% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Variational Omni XPL | −0.416% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Phoenix XPL | −0.209% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | −0.067% | +0.1432% | 1h | $254K | $588K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.040% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| Bulk XPL-USDlong | 0.000% | +0.0100% | 1h | $142K | $52K | 10x | |
| Coinbase International XPL-PERP-INTX | +0.410% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |