After costs, if the gap returns to its 7d average, $10k−$177
spread now−1.248%7d average−0.716%fees + slippage, in and out−$124spread needed1.239%
| 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 | 13m 55s | $78K | $134K | 50x |
| Short | Nado XPL-PERP | 0.09929 | 0.0100 | get 0.0012% / 1h | 13m 55s | $1.4M | $2.5M | 10x |
Coinbase International XPL-PERP-INTX
Nado XPL-PERPPrice 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
- −$124.81
- Funding while held
- −$22.2
- Slippage, 4 orders
- −$106.91
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$270.93
- Spread needed to break even
- 1.239%
Slippage from Coinbase International: live order book, 30 min ago; Nado: live order book, 1 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, 30 min ago | 37.47 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 1.01 bp | 7.5 bp −$7 | 18.7 bp −$187 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
SunX0.09910+30.913%Lighter0.09912+30.940%SoDEX0.09920+31.045%Paradex0.09922+31.077%01 Exchange0.09926+31.124%Bulk0.09926+31.131%Orderly0.09927+31.138%
Reya
SunX
Lighter
SoDEX
Paradex
Bulk
OrderlyNado0.09929+31.171%
HTX0.09930+31.177%BloFin0.09930+31.177%Pacifica0.09931+31.195%dYdX0.09932+31.204%GMX0.09933+31.212%Deribit0.09933+31.217%gTrade (Gains Network)0.09934+31.226%Aevo0.09936+31.255%Polymarket Perps0.09937+31.267%Bybit0.09938+31.283%Gate0.09940+31.309%KuCoin0.09940+31.309%ApeX Omni0.09940+31.309%Extended0.09940+31.316%BingX0.09944+31.362%Bitget0.09945+31.375%Backpack0.09945+31.375%Binance0.09946+31.392%Aster0.09947+31.404%MEXC0.09950+31.442%OKX0.09952+31.468%Variational Omni0.09955+31.508%Hyperliquid0.09959+31.566%Phoenix0.09966+31.653%Kraken Futures0.09977+31.795%
HTX
BloFin
Pacifica
dYdX
GMX
Deribit
gTrade (Gains Network)
Aevo
Polymarket Perps
Bybit
Gate
KuCoin
ApeX Omni
Extended
BingX
Bitget
Backpack
Binance
Aster
MEXC
OKX
Variational Omni
Hyperliquid
Phoenix
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 |
| SunX XPL-USDT | −1.442% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| Lighter XPL | −1.422% | −0.0896% | 1h | $4.5M | $4.2M | 10x | as long as short |
| SoDEX XPL-USD | −1.343% | +0.0100% | 1h | $204 | $9K | 10x | as long as short |
| Paradex XPL-USD-PERP | −1.319% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| 01 Exchange XPLUSD | −1.283% | −0.0120% | 1h | $577 | $582 | 5x | as long as short |
| Bulk XPL-USD | −1.278% | +0.0100% | 1h | $141K | $52K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −1.273% | +0.0021% | 4h | $28K | $333K | 10x | as long as short |
| Nado XPL-PERPshort | −1.248% | +0.0100% | 1h | $1.4M | $2.5M | 10x | |
| HTX XPL-USDT | −1.243% | +0.0100% | 4h | $144K | $240K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin XPL-USDT | −1.243% | +0.0340% | 4h | $1.9M | $1.2M | 75x | as long as short |
| Pacifica XPL | −1.230% | +0.0100% | 1h | $225K | $15K | 10x | as long as short |
| dYdX XPL-USD | −1.223% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −1.217% | L −0.0039% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −1.213% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | −1.206% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Aevo XPL-PERP | −1.184% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Polymarket Perps XPL-USD | −1.176% | +0.0100% | 1h | $135K | $3.3M | 10x | as long as short |
| Bybit XPLUSDT | −1.164% | +0.0100% | 4h | $47.9M | $49.1M | 75x | as long as short |
| Gate XPL_USDT | −1.144% | +0.0100% | 4h | $3.0M | $3.9M | 75x | as long as short |
| KuCoin XPLUSDTM | −1.144% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| ApeX Omni XPLUSDT | −1.144% | +0.0100% | 1h | $29K | $92K | 50x | as long as short |
| Extended XPL-USD | −1.139% | +0.0104% | 1h | $643K | $827K | 25x | as long as short |
| BingX XPL-USDT | −1.104% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Bitget XPLUSDT | −1.094% | +0.0100% | 4h | $8.7M | $11.1M | 75x | as long as short |
| Backpack XPL_USDC_PERP | −1.094% | −0.0203% | 1h | $183K | $286K | 10x | as long as short |
| Binance XPLUSDT | −1.082% | +0.0100% | 4h | $45.3M | $98.7M | 75x | as long as short |
| Aster XPLUSDT | −1.072% | +0.0100% | 4h | $265K | $455K | 20x | as long as short |
| MEXC XPL_USDT | −1.044% | +0.0100% | 4h | $13.9M | $7.6M | 100x | as long as short |
| OKX XPL-USDT-SWAP | −1.024% | +0.0100% | 4h | $9.4M | $54.1M | 50x | as long as short |
| Variational Omni XPL | −0.994% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Hyperliquid XPL | −0.951% | +0.0136% | 1h | $64.7M | $41.2M | 10x | as long as short |
| Phoenix XPL | −0.885% | +0.0245% | 1h | $203K | $618K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | −0.778% | +0.1436% | 1h | $253K | $584K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXlong | 0.000% | +0.0840% | 1h | $78K | $134K | 50x |