After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.043%7d average−0.016%fees + slippage, in and out−$51spread needed0.507%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XPLUSDT | 0.09987 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $48.1M | $49.4M | 75x |
| Short | Extended XPL-USD | 0.09983 | 0.0104 | get 0.0013% / 1h | 32m 31s | $634K | $853K | 25x |
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
- −$4.28
- Funding while held
- $0.12
- Slippage, 4 orders
- −$34.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$54.83
- Spread needed to break even
- 0.507%
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Bybit live order book, 3 min ago | 0.50 bp | 16.5 bp −$17 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.01 bp | 8.5 bp −$9 | 17.8 bp −$178 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.196% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.370% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| Lighter XPL | −0.360% | −0.0648% | 1h | $4.5M | $4.2M | 10x | as long as short |
| HTX XPL-USDT | −0.350% | +0.0100% | 4h | $144K | $241K | 20x | as long as short |
| Orderly PERP_XPL_USDC | −0.300% | +0.0042% | 4h | $28K | $333K | 10x | as long as short |
| SoDEX XPL-USD | −0.270% | +0.0100% | 1h | $206 | $10K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.270% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| Aevo XPL-PERP | −0.266% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| BloFin XPL-USDT | −0.250% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Bulk XPL-USD | −0.220% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack XPL_USDC_PERP | −0.190% | −0.0368% | 1h | $184K | $282K | 10x | as long as short |
| Nado XPL-PERP | −0.185% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Gate XPL_USDT | −0.170% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Pacifica XPL | −0.162% | +0.0100% | 1h | $225K | $14K | 10x | as long as short |
| Aster XPLUSDT | −0.148% | +0.0100% | 4h | $267K | $466K | 20x | as long as short |
| dYdX XPL-USD | −0.142% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Paradex XPL-USD-PERP | −0.060% | +0.0098% | 8h | $13K | $2K | 5x | as long as short |
| Extended XPL-USDshort | −0.043% | +0.0104% | 1h | $634K | $853K | 25x | |
| BingX XPL-USDT | −0.040% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| KuCoin XPLUSDTM | −0.020% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| MEXC XPL_USDT | −0.010% | +0.0100% | 4h | $13.8M | $7.3M | 100x | as long as short |
| Binance XPLUSDT | 0.000% | +0.0100% | 4h | $45.6M | $100.1M | 75x | as long as short |
| Bybit XPLUSDTlong | 0.000% | +0.0100% | 4h | $48.1M | $49.4M | 75x | |
| 01 Exchange XPLUSD | 0.000% | −0.0032% | 1h | $581 | $583 | 5x | as long as short |
| OKX XPL-USDT-SWAP | +0.040% | +0.0100% | 4h | $9.4M | $53.0M | 50x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.057% | L +0.0206% / S +0.0037% | 1h | $140K | — | 100x | as long as short |
| Bitget XPLUSDT | +0.060% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| Variational Omni XPL | +0.079% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| gTrade (Gains Network) XPL/USD | +0.081% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| Polymarket Perps XPL-USD | +0.126% | +0.0100% | 1h | $134K | $2.7M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.130% | +0.0100% | 1h | $26K | $82K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.188% | +0.2752% | 1h | $300K | $685K | 10x | as long as short |
| Hyperliquid XPL | +0.200% | +0.0314% | 1h | $65.8M | $43.7M | 10x | as long as short |
| Phoenix XPL | +0.300% | +0.0324% | 1h | $205K | $621K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.360% | +0.0848% | 1h | $77K | $117K | 50x | as long as short |
Bybit XPLUSDT
Extended XPL-USD
SunX
Lighter
HTX
SoDEX
Deribit
BloFin
Bulk
Backpack
Gate
Pacifica
Aster
Paradex
BingX
KuCoin
MEXC
Binance
OKX
GMX
Bitget
Variational Omni
gTrade (Gains Network)
Polymarket Perps
ApeX Omni
Kraken Futures
Hyperliquid
Phoenix
Coinbase International