After costs, if the gap returns to its 7d average, $10k−$133
spread now−0.828%7d average−0.713%fees + slippage, in and out−$121spread needed1.213%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XPL-PERP-INTX | 0.1002 | 0.0848 | pay 0.0106% / 1h | 26m 41s | $77K | $117K | 50x |
| Short | MEXC XPL_USDT | 0.09940 | 0.0100 | get 0.0050% / 4h | 1h 26m | $13.7M | $7.3M | 100x |
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
- −$82.81
- Funding while held
- −$22.44
- Slippage, 4 orders
- −$111.34
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$226.59
- Spread needed to break even
- 1.213%
Slippage from Coinbase International: live order book, 8 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0748%
- Per $10,000 a day
- −$22.44
- 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, 8 min ago | 30.60 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.50 bp | 3.6 bp −$4 | 7.2 bp −$72 | 79.9 bp −$7,992 | 237.5 bp −$118.7K |
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 | −24.467% | 0.0000% | 1h | — | — | — | as long as short |
| Bybit XPLUSDT | −0.868% | +0.0100% | 4h | $47.8M | $49.4M | 75x | as long as short |
| Binance XPLUSDT | −0.854% | +0.0100% | 4h | $45.3M | $100.1M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.849% | +0.0099% | 8h | $13K | $2K | 5x | as long as short |
| OKX XPL-USDT-SWAP | −0.848% | +0.0100% | 4h | $9.4M | $52.6M | 50x | as long as short |
| Lighter XPL | −0.838% | −0.0688% | 1h | $4.5M | $4.2M | 10x | as long as short |
| MEXC XPL_USDTshort | −0.828% | +0.0100% | 4h | $13.7M | $7.3M | 100x | |
| Bitget XPLUSDT | −0.778% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| Pacifica XPL | −0.762% | +0.0100% | 1h | $225K | $14K | 10x | as long as short |
| dYdX XPL-USD | −0.742% | 0.0000% | 1h | $8K | — | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XPL-USDT | −0.688% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| KuCoin XPLUSDTM | −0.629% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
| HTX XPL-USDT | −0.629% | +0.0100% | 4h | $144K | $241K | 20x | as long as short |
| Bulk XPL-USD | −0.579% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
| Nado XPL-PERP | −0.571% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| BloFin XPL-USDT | −0.559% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Hyperliquid XPL | −0.556% | +0.0272% | 1h | $65.5M | $43.7M | 10x | as long as short |
| Extended XPL-USD | −0.545% | +0.0104% | 1h | $634K | $853K | 25x | as long as short |
| ApeX Omni XPLUSDT | −0.529% | +0.0100% | 1h | $26K | $82K | 50x | as long as short |
| SunX XPL-USDT | −0.529% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| 01 Exchange XPLUSD | −0.519% | −0.0040% | 1h | $580 | $583 | 5x | as long as short |
| Gate XPL_USDT | −0.499% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Aster XPLUSDT | −0.476% | +0.0100% | 4h | $276K | $471K | 20x | as long as short |
| Variational Omni XPL | −0.439% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| SoDEX XPL-USD | −0.429% | +0.0100% | 1h | $210 | $10K | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.389% | −0.0406% | 1h | $184K | $282K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.389% | +0.0046% | 4h | $28K | $333K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.389% | 0.0000% | 1h | $50K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.378% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| Phoenix XPL | −0.369% | +0.0324% | 1h | $204K | $621K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.365% | L +0.0206% / S +0.0037% | 1h | $140K | — | 100x | as long as short |
| Aevo XPL-PERP | −0.347% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Polymarket Perps XPL-USD | −0.306% | +0.0100% | 1h | $134K | $2.7M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | −0.114% | +0.2751% | 1h | $293K | $691K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXlong | 0.000% | +0.0848% | 1h | $77K | $117K | 50x |
Coinbase International XPL-PERP-INTX
MEXC XPL_USDT
Bybit
Binance
Paradex
OKX
Lighter
Bitget
Pacifica
BingX
KuCoin
HTX
Bulk
BloFin
Hyperliquid
Extended
ApeX Omni
SunX
Gate
Aster
Variational Omni
SoDEX
Backpack
Deribit
gTrade (Gains Network)
Phoenix
GMX
Polymarket Perps
Kraken Futures