After costs, if the gap returns to its 7d average, $10k−$223
spread now−1.510%7d average−0.679%fees + slippage, in and out−$140spread needed1.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XPL-PERP-INTX | 0.1013 | 0.0840 | pay 0.0105% / 1h | 37m 25s | $78K | $122K | 50x |
| Short | Bitget XPLUSDT | 0.09979 | 0.0100 | get 0.0050% / 4h | 2h 37m | $8.7M | $10.7M | 75x |
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
- −$151.01
- Funding while held
- −$22.2
- Slippage, 4 orders
- −$117.97
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$313.17
- Spread needed to break even
- 1.400%
Slippage from Coinbase International: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 30.97 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.50 bp | 13.9 bp −$14 | 31.4 bp −$314 | 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 | −25.282% | 0.0000% | 1h | — | — | — | as long as short |
| Bybit XPLUSDT | −1.747% | +0.0100% | 4h | $47.9M | $49.0M | 75x | as long as short |
| BingX XPL-USDT | −1.727% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| OKX XPL-USDT-SWAP | −1.698% | +0.0100% | 4h | $9.4M | $53.0M | 50x | as long as short |
| KuCoin XPLUSDTM | −1.698% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Binance XPLUSDT | −1.659% | +0.0100% | 4h | $45.5M | $98.1M | 75x | as long as short |
| Orderly PERP_XPL_USDC | −1.648% | +0.0020% | 4h | $28K | $333K | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −1.623% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Lighter XPL | −1.599% | −0.0896% | 1h | $4.5M | $4.1M | 10x | as long as short |
| MEXC XPL_USDT | −1.589% | +0.0100% | 4h | $14.0M | $7.3M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XPL_USDT | −1.530% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| Extended XPL-USD | −1.521% | +0.0104% | 1h | $641K | $837K | 25x | as long as short |
| Bitget XPLUSDTshort | −1.510% | +0.0100% | 4h | $8.7M | $10.7M | 75x | |
| SunX XPL-USDT | −1.500% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| SoDEX XPL-USD | −1.500% | +0.0100% | 1h | $298 | $9K | 10x | as long as short |
| Aevo XPL-PERP | −1.487% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| 01 Exchange XPLUSD | −1.480% | −0.0160% | 1h | $580 | $593 | 5x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −1.471% | −0.0151% | 1h | $50K | $17K | 25x | as long as short |
| Variational Omni XPL | −1.470% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Paradex XPL-USD-PERP | −1.470% | +0.0094% | 8h | $13K | $2K | 5x | as long as short |
| Aster XPLUSDT | −1.454% | +0.0100% | 4h | $266K | $442K | 20x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −1.437% | L −0.0039% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Nado XPL-PERP | −1.414% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Backpack XPL_USDC_PERP | −1.411% | +0.0025% | 1h | $184K | $281K | 10x | as long as short |
| Pacifica XPL | −1.402% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| dYdX XPL-USD | −1.390% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Polymarket Perps XPL-USD | −1.384% | +0.0100% | 1h | $136K | $3.2M | 10x | as long as short |
| Hyperliquid XPL | −1.351% | +0.0100% | 1h | $65.0M | $41.4M | 10x | as long as short |
| HTX XPL-USDT | −1.303% | +0.0100% | 4h | $145K | $240K | 20x | as long as short |
| Phoenix XPL | −1.244% | +0.0241% | 1h | $204K | $623K | 10x | as long as short |
| BloFin XPL-USDT | −1.244% | +0.0340% | 4h | $1.9M | $1.2M | 75x | as long as short |
| Kraken Futures PF_XPLUSD | −1.138% | +0.4752% | 1h | $253K | $595K | 10x | as long as short |
| ApeX Omni XPLUSDT | −1.105% | +0.0100% | 1h | $30K | $80K | 50x | as long as short |
| Bulk XPL-USD | −0.896% | +0.0100% | 1h | $143K | $52K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXlong | 0.000% | +0.0840% | 1h | $78K | $122K | 50x |
Coinbase International XPL-PERP-INTX
Bitget XPLUSDT
Bybit
BingX
OKX
KuCoin
Binance
gTrade (Gains Network)
Lighter
MEXC
Gate
Extended
SunX
SoDEX
Deribit
Variational Omni
Paradex
Aster
GMX
Backpack
Pacifica
Polymarket Perps
Hyperliquid
HTX
Phoenix
BloFin
Kraken Futures
ApeX Omni
Bulk