Spread before costs (cost unknown: a leg has no order-book sample)+0.039%
7d average+0.025%if it closes, per $10,000$4funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XPLUSDT | 0.1009 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $49.3M | $43.9M | 75x |
| Short | Variational Omni XPL | 0.1009 | 0.0100 | get 0.0050% / 4h | 1h 50m | $1.8M | $1.4M | — |
Bybit XPLUSDT
Variational Omni 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
- $3.89
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.11
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 0.49 bp | 18.2 bp −$18 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 9.93 bp | doesn't fit | 89.4 bp −$894 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
ApeX Omni0.1004+32.613%Lighter0.1006+32.850%HTX0.1006+32.877%BloFin0.1007+32.956%Backpack0.1007+32.969%dYdX0.1007+33.074%Pacifica0.1008+33.141%Gate0.1008+33.141%SunX0.1008+33.141%SoDEX0.1008+33.141%Paradex0.1008+33.161%Extended0.1008+33.171%MEXC0.1008+33.181%Orderly0.1008+33.194%Aster0.1008+33.203%Binance0.1008+33.203%KuCoin0.1008+33.207%BingX0.1008+33.207%Deribit0.1008+33.207%Aevo0.1009+33.215%Nado0.1009+33.220%OKX0.1009+33.220%
Reya
ApeX Omni
Lighter
HTX
BloFin
Backpack
dYdX
Pacifica
Gate
SunX
SoDEX
Paradex
Extended
MEXC
Orderly
Aster
Binance
KuCoin
BingX
Deribit
Aevo
Nado
OKXBybit0.1009+33.233%
gTrade (Gains Network)0.1009+33.236%GMX0.1009+33.254%
gTrade (Gains Network)
GMXVariational Omni0.1009+33.285%
Bitget0.1009+33.339%Hyperliquid0.1010+33.352%Polymarket Perps0.1010+33.352%Kraken Futures0.1010+33.353%Phoenix0.1010+33.445%Coinbase International0.1015+34.105%Bulk0.1020+34.684%
Bitget
Hyperliquid
Polymarket Perps
Kraken Futures
Phoenix
Coinbase International
BulkXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.944% | 0.0000% | 1h | — | — | — | as long as short |
| ApeX Omni XPLUSDT | −0.466% | +0.0100% | 1h | $31K | $83K | 50x | as long as short |
| Lighter XPL | −0.287% | −0.1240% | 1h | $4.6M | $3.8M | 10x | as long as short |
| HTX XPL-USDT | −0.268% | +0.0100% | 4h | $149K | $251K | 20x | as long as short |
| BloFin XPL-USDT | −0.208% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.198% | −0.0740% | 1h | $184K | $277K | 10x | as long as short |
| dYdX XPL-USD | −0.119% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | −0.069% | +0.0100% | 1h | $227K | $18K | 10x | as long as short |
| Gate XPL_USDT | −0.069% | +0.0100% | 4h | $3.1M | $3.7M | 75x | as long as short |
| SunX XPL-USDT | −0.069% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX XPL-USD | −0.069% | +0.0100% | 1h | $303 | $9K | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.054% | +0.0094% | 8h | $12K | $946 | 5x | as long as short |
| Extended XPL-USD | −0.047% | +0.0104% | 1h | $643K | $752K | 25x | as long as short |
| MEXC XPL_USDT | −0.040% | +0.0100% | 4h | $14.2M | $6.8M | 100x | as long as short |
| Orderly PERP_XPL_USDC | −0.030% | +0.0046% | 4h | $28K | $331K | 10x | as long as short |
| Aster XPLUSDT | −0.023% | +0.0100% | 4h | $307K | $402K | 20x | as long as short |
| Binance XPLUSDT | −0.023% | +0.0100% | 4h | $47.4M | $87.0M | 75x | as long as short |
| KuCoin XPLUSDTM | −0.020% | +0.0100% | 4h | $2.7M | $1.3M | 50x | as long as short |
| BingX XPL-USDT | −0.020% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.020% | −0.0246% | 1h | $46K | $10K | 25x | as long as short |
| Aevo XPL-PERP | −0.014% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Nado XPL-PERP | −0.010% | +0.0100% | 1h | $1.4M | $2.2M | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.010% | +0.0100% | 4h | $9.8M | $50.5M | 50x | as long as short |
| Bybit XPLUSDTlong | 0.000% | +0.0100% | 4h | $49.3M | $43.9M | 75x | |
| gTrade (Gains Network) XPL/USD | +0.002% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.016% | L −0.0033% / S +0.0447% | 1h | $134K | — | 100x | as long as short |
| Variational Omni XPLshort | +0.039% | +0.0100% | 4h | $1.8M | $1.4M | — | |
| Bitget XPLUSDT | +0.079% | +0.0100% | 4h | $9.1M | $10.0M | 75x | as long as short |
| Hyperliquid XPL | +0.089% | +0.0100% | 1h | $67.3M | $33.6M | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.089% | +0.0100% | 1h | $137K | $3.6M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.089% | +0.0520% | 1h | $138K | $383K | 10x | as long as short |
| Phoenix XPL | +0.159% | +0.0391% | 1h | $219K | $528K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.654% | +0.0880% | 1h | $107K | $121K | 50x | as long as short |
| Bulk XPL-USD | +1.089% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |