After costs, if the gap returns to its 7d average, $10k−$191
spread now−1.283%7d average−0.722%fees + slippage, in and out−$135spread needed1.345%
| 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 | 16m 11s | $78K | $134K | 50x |
| Short | BloFin XPL-USDT | 0.09926 | 0.0340 | get 0.0170% / 4h | 3h 16m | $1.9M | $1.2M | 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
- −$128.29
- Funding while held
- −$15
- Slippage, 4 orders
- −$112.52
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$277.81
- Spread needed to break even
- 1.345%
Slippage from Coinbase International: live order book, 28 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0500%
- Per $10,000 a day
- −$15.00
- 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 Coinbase International live order book, 28 min ago | 37.47 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.50 bp | 18.3 bp −$18 | 33.1 bp −$331 | 85.4 bp −$8,543 | 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 | −24.719% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPL | −1.353% | −0.0880% | 1h | $4.5M | $4.2M | 10x | as long as short |
| ApeX Omni XPLUSDT | −1.343% | +0.0100% | 1h | $29K | $92K | 50x | as long as short |
| Bybit XPLUSDT | −1.313% | +0.0100% | 4h | $47.8M | $49.2M | 75x | as long as short |
| BloFin XPL-USDTshort | −1.283% | +0.0340% | 4h | $1.9M | $1.2M | 75x | |
| OKX XPL-USDT-SWAP | −1.243% | +0.0100% | 4h | $9.4M | $54.1M | 50x | as long as short |
| SoDEX XPL-USD | −1.243% | +0.0100% | 1h | $198 | $9K | 10x | as long as short |
| Binance XPLUSDT | −1.241% | +0.0100% | 4h | $45.3M | $98.7M | 75x | as long as short |
| HTX XPL-USDT | −1.213% | +0.0100% | 4h | $144K | $241K | 20x | as long as short |
| Extended XPL-USD | −1.211% | +0.0104% | 1h | $643K | $829K | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_XPL_USDC | −1.193% | +0.0021% | 4h | $28K | $333K | 10x | as long as short |
| Bitget XPLUSDT | −1.183% | +0.0100% | 4h | $8.7M | $11.1M | 75x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −1.164% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| BingX XPL-USDT | −1.154% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Aevo XPL-PERP | −1.144% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Backpack XPL_USDC_PERP | −1.124% | −0.0201% | 1h | $183K | $286K | 10x | as long as short |
| KuCoin XPLUSDTM | −1.074% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Phoenix XPL | −1.044% | +0.0245% | 1h | $203K | $618K | 10x | as long as short |
| SunX XPL-USDT | −1.044% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| gTrade (Gains Network) XPL/USD | −1.043% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Paradex XPL-USD-PERP | −1.042% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| 01 Exchange XPLUSD | −0.975% | −0.0120% | 1h | $579 | $582 | 5x | as long as short |
| Gate XPL_USDT | −0.975% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| dYdX XPL-USD | −0.974% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Aster XPLUSDT | −0.967% | +0.0100% | 4h | $265K | $455K | 20x | as long as short |
| Nado XPL-PERP | −0.965% | +0.0100% | 1h | $1.5M | $2.5M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.929% | L −0.0039% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| Pacifica XPL | −0.926% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| MEXC XPL_USDT | −0.925% | +0.0100% | 4h | $13.9M | $7.6M | 100x | as long as short |
| Polymarket Perps XPL-USD | −0.865% | +0.0100% | 1h | $136K | $3.3M | 10x | as long as short |
| Hyperliquid XPL | −0.824% | +0.0158% | 1h | $64.8M | $41.2M | 10x | as long as short |
| Variational Omni XPL | −0.822% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Kraken Futures PF_XPLUSD | −0.699% | +0.1435% | 1h | $253K | $585K | 10x | as long as short |
| Bulk XPL-USD | −0.408% | +0.0100% | 1h | $142K | $52K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXlong | 0.000% | +0.0840% | 1h | $78K | $134K | 50x |
Coinbase International XPL-PERP-INTX
BloFin XPL-USDT
Lighter
ApeX Omni
Bybit
OKX
SoDEX
Binance
HTX
Extended
Bitget
Deribit
BingX
Backpack
KuCoin
Phoenix
SunX
gTrade (Gains Network)
Paradex
Gate
Aster
GMX
Pacifica
MEXC
Polymarket Perps
Hyperliquid
Variational Omni
Kraken Futures
Bulk