After costs, if the gap returns to its 7d average, $10k−$149
spread now−0.860%7d average−0.707%fees + slippage, in and out−$134spread needed1.339%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XPL-PERP-INTX | 0.1006 | 0.0840 | pay 0.0105% / 1h | 21m 50s | $78K | $134K | 50x |
| Short | Binance XPLUSDT | 0.09969 | 0.0100 | get 0.0050% / 4h | 3h 21m | $45.5M | $99.0M | 75x |
Coinbase International XPL-PERP-INTX
Binance XPLUSDTPrice 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
- −$86.02
- Funding while held
- −$22.2
- Slippage, 4 orders
- −$113.9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$242.12
- Spread needed to break even
- 1.339%
Slippage from Coinbase International: live order book, 22 min ago; Binance: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0740%
- Per $10,000 a day
- −$22.20
- 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 Coinbase International live order book, 22 min ago | 37.47 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.50 bp | 12.9 bp −$13 | 31.2 bp −$312 | 119.3 bp −$11.9K | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
SunX0.09960+31.573%KuCoin0.09964+31.626%Lighter0.09965+31.639%Bybit0.09966+31.652%OKX0.09966+31.652%BingX0.09967+31.665%
Reya
SunX
KuCoin
Lighter
Bybit
OKX
BingXBinance0.09969+31.685%
MEXC0.09970+31.705%Bitget0.09971+31.718%Gate0.09974+31.758%Backpack0.09978+31.811%SoDEX0.09980+31.837%Orderly0.09981+31.850%Deribit0.09982+31.864%01 Exchange0.09983+31.877%GMX0.09983+31.879%Aevo0.09983+31.879%Nado0.09984+31.893%Extended0.09984+31.896%Aster0.09985+31.909%Polymarket Perps0.09988+31.947%gTrade (Gains Network)0.09989+31.952%Paradex0.09996+32.046%Hyperliquid0.09997+32.058%HTX0.09997+32.062%Pacifica0.10000+32.096%Variational Omni0.1000+32.110%BloFin0.1000+32.115%dYdX0.1000+32.119%ApeX Omni0.1001+32.233%Bulk0.1001+32.286%Phoenix0.1002+32.352%Kraken Futures0.1003+32.475%
MEXC
Bitget
Gate
Backpack
SoDEX
Orderly
Deribit
GMX
Aevo
Nado
Extended
Aster
Polymarket Perps
gTrade (Gains Network)
Paradex
Hyperliquid
HTX
Pacifica
Variational Omni
BloFin
dYdX
ApeX Omni
Bulk
Phoenix
Kraken FuturesCoinbase International0.1006+32.828%
XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.715% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.945% | +0.0100% | 4h | $2K | $2.0M | 20x | as long as short |
| KuCoin XPLUSDTM | −0.905% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Lighter XPL | −0.895% | −0.0824% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Bybit XPLUSDT | −0.885% | +0.0100% | 4h | $48.0M | $49.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.885% | +0.0100% | 4h | $9.4M | $54.4M | 50x | as long as short |
| BingX XPL-USDT | −0.875% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Binance XPLUSDTshort | −0.860% | +0.0100% | 4h | $45.5M | $99.0M | 75x | |
| MEXC XPL_USDT | −0.845% | +0.0100% | 4h | $13.9M | $7.6M | 100x | as long as short |
| Bitget XPLUSDT | −0.835% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XPL_USDT | −0.806% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −0.766% | −0.0167% | 1h | $184K | $288K | 10x | as long as short |
| SoDEX XPL-USD | −0.746% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.736% | +0.0022% | 4h | $28K | $333K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.726% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| 01 Exchange XPLUSD | −0.716% | −0.0112% | 1h | $580 | $582 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.714% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Aevo XPL-PERP | −0.714% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Nado XPL-PERP | −0.704% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| Extended XPL-USD | −0.701% | +0.0104% | 1h | $647K | $829K | 25x | as long as short |
| Aster XPLUSDT | −0.692% | +0.0100% | 4h | $266K | $454K | 20x | as long as short |
| Polymarket Perps XPL-USD | −0.663% | +0.0100% | 1h | $135K | $3.4M | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.659% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Paradex XPL-USD-PERP | −0.589% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| Hyperliquid XPL | −0.580% | +0.0203% | 1h | $65.5M | $40.8M | 10x | as long as short |
| HTX XPL-USDT | −0.577% | +0.0100% | 4h | $145K | $242K | 20x | as long as short |
| Pacifica XPL | −0.551% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| Variational Omni XPL | −0.541% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| BloFin XPL-USDT | −0.537% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| dYdX XPL-USD | −0.534% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| ApeX Omni XPLUSDT | −0.448% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| Bulk XPL-USD | −0.408% | +0.0100% | 1h | $142K | $52K | 10x | as long as short |
| Phoenix XPL | −0.358% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | −0.266% | +0.1429% | 1h | $254K | $588K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXlong | 0.000% | +0.0840% | 1h | $78K | $134K | 50x |