After costs, if the gap returns to its 7d average, $10k−$133
spread now−0.627%7d average−0.727%fees + slippage, in and out−$143spread needed1.434%
| 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 | 24m 23s | $78K | $134K | 50x |
| Short | BingX XPL-USDT | 0.09992 | 0.0100 | get 0.0050% / 4h | 3h 24m | — | $8.0M | — |
Coinbase International XPL-PERP-INTX
BingX XPL-USDTPrice 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
- −$62.66
- Funding while held
- −$22.2
- Slippage, 4 orders
- −$123.36
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$228.21
- Spread needed to break even
- 1.434%
Slippage from Coinbase International: live order book, 20 min ago; BingX: live order book, 5 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, 20 min ago | 37.47 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.49 bp | 17.9 bp −$18 | 37.4 bp −$374 | 98.3 bp −$9,829 | 757.6 bp −$378.8K |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
Lighter0.09979+31.825%KuCoin0.09984+31.891%Bybit0.09987+31.931%MEXC0.09988+31.944%Binance0.09990+31.965%Gate0.09990+31.971%OKX0.09991+31.984%Bitget0.09991+31.984%
Reya
Lighter
KuCoin
Bybit
MEXC
Binance
Gate
OKX
BitgetBingX0.09992+31.997%
Paradex0.09992+31.999%Extended0.09994+32.023%01 Exchange0.09995+32.037%Polymarket Perps0.09995+32.039%Aster0.09997+32.067%dYdX0.09998+32.078%Pacifica0.1000+32.103%Backpack0.1000+32.103%SunX0.1000+32.103%Variational Omni0.1000+32.111%gTrade (Gains Network)0.1001+32.194%Hyperliquid0.1001+32.195%Orderly0.1001+32.208%SoDEX0.1001+32.235%Deribit0.1001+32.235%Aevo0.1001+32.256%BloFin0.1001+32.261%GMX0.1001+32.270%HTX0.1001+32.274%Bulk0.1001+32.287%Nado0.1002+32.311%Phoenix0.1002+32.354%ApeX Omni0.1004+32.631%Kraken Futures0.1005+32.787%
Paradex
Extended
Polymarket Perps
Aster
dYdX
Pacifica
Backpack
SunX
Variational Omni
gTrade (Gains Network)
Hyperliquid
Orderly
SoDEX
Deribit
Aevo
BloFin
GMX
HTX
Bulk
Nado
Phoenix
ApeX Omni
Kraken FuturesCoinbase International0.1006+32.829%
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 |
| Lighter XPL | −0.756% | −0.0832% | 1h | $4.5M | $4.2M | 10x | as long as short |
| KuCoin XPLUSDTM | −0.706% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Bybit XPLUSDT | −0.676% | +0.0100% | 4h | $48.1M | $49.4M | 75x | as long as short |
| MEXC XPL_USDT | −0.666% | +0.0100% | 4h | $14.0M | $7.6M | 100x | as long as short |
| Binance XPLUSDT | −0.651% | +0.0100% | 4h | $45.6M | $99.0M | 75x | as long as short |
| Gate XPL_USDT | −0.646% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.636% | +0.0100% | 4h | $9.4M | $54.6M | 50x | as long as short |
| Bitget XPLUSDT | −0.636% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| BingX XPL-USDTshort | −0.627% | +0.0100% | 4h | — | $8.0M | — |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XPL-USD-PERP | −0.625% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| Extended XPL-USD | −0.607% | +0.0104% | 1h | $647K | $829K | 25x | as long as short |
| 01 Exchange XPLUSD | −0.597% | −0.0112% | 1h | $581 | $582 | 5x | as long as short |
| Polymarket Perps XPL-USD | −0.595% | +0.0100% | 1h | $135K | $3.5M | 10x | as long as short |
| Aster XPLUSDT | −0.574% | +0.0100% | 4h | $267K | $454K | 20x | as long as short |
| dYdX XPL-USD | −0.566% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | −0.547% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.547% | −0.0146% | 1h | $184K | $288K | 10x | as long as short |
| SunX XPL-USDT | −0.547% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| Variational Omni XPL | −0.541% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| gTrade (Gains Network) XPL/USD | −0.478% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Hyperliquid XPL | −0.477% | +0.0194% | 1h | $65.6M | $40.8M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.467% | +0.0022% | 4h | $28K | $333K | 10x | as long as short |
| SoDEX XPL-USD | −0.448% | +0.0100% | 1h | $214 | $9K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.448% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| Aevo XPL-PERP | −0.432% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| BloFin XPL-USDT | −0.428% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.421% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| HTX XPL-USDT | −0.418% | +0.0100% | 4h | $145K | $242K | 20x | as long as short |
| Bulk XPL-USD | −0.408% | +0.0100% | 1h | $142K | $52K | 10x | as long as short |
| Nado XPL-PERP | −0.390% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| Phoenix XPL | −0.358% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.149% | +0.0100% | 1h | $30K | $92K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | −0.032% | +0.1426% | 1h | $255K | $588K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXlong | 0.000% | +0.0840% | 1h | $78K | $134K | 50x |