Spread before costs (cost unknown: a leg has no order-book sample)−0.234%
7d average—if it closes, per $10,000$23funding while held, a day+$4.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XPL_USDC-PERPETUAL | 0.09833 | −0.0055 | get 0.0007% / 1h | 57m 43s | $49K | $17K | 25x |
| Short | ApeX Omni XPLUSDT | 0.09810 | 0.0100 | get 0.0013% / 1h | 57m 43s | $29K | $88K | 50x |
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
- −$23.39
- Funding while held
- $4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$35.74
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; ApeX Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0155%
- Per $10,000 a day
- +$4.65
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
Deribit and ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −23.014% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −0.488% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| Variational Omni XPL | −0.462% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Lighter XPL | −0.407% | −0.1144% | 1h | $4.4M | $4.2M | 10x | as long as short |
| HTX XPL-USDT | −0.346% | +0.0100% | 4h | $142K | $253K | 20x | as long as short |
| Bybit XPLUSDT | −0.315% | +0.0100% | 4h | $47.5M | $48.7M | 75x | as long as short |
| Binance XPLUSDT | −0.291% | +0.0100% | 4h | $44.8M | $96.8M | 75x | as long as short |
| KuCoin XPLUSDTM | −0.254% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| MEXC XPL_USDT | −0.244% | +0.0100% | 4h | $13.8M | $7.5M | 100x | as long as short |
| ApeX Omni XPLUSDTshort | −0.234% | +0.0100% | 1h | $29K | $88K | 50x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XPL-USD-PERP | −0.214% | +0.0092% | 8h | $12K | $1K | 5x | as long as short |
| Pacifica XPL | −0.192% | +0.0100% | 1h | $222K | $15K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.163% | +0.0100% | 4h | $9.2M | $52.7M | 50x | as long as short |
| Gate XPL_USDT | −0.163% | +0.0100% | 4h | $3.0M | $3.8M | 75x | as long as short |
| BingX XPL-USDT | −0.163% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| dYdX XPL-USD | −0.154% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| 01 Exchange XPLUSD | −0.132% | −0.0440% | 1h | $571 | $582 | 5x | as long as short |
| SunX XPL-USDT | −0.132% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Hyperliquid XPL | −0.112% | +0.0100% | 1h | $63.3M | $38.5M | 10x | as long as short |
| Nado XPL-PERP | −0.112% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Extended XPL-USD | −0.075% | +0.0104% | 1h | $633K | $824K | 25x | as long as short |
| Bitget XPLUSDT | −0.071% | +0.0100% | 4h | $8.6M | $11.1M | 75x | as long as short |
| Aster XPLUSDT | −0.051% | +0.0100% | 4h | $265K | $449K | 20x | as long as short |
| Aevo XPL-PERP | −0.031% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| SoDEX XPL-USD | −0.031% | +0.0100% | 1h | $207 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.010% | +0.0022% | 4h | $27K | $331K | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.005% | +0.0100% | 1h | $135K | $3.5M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUALlong | 0.000% | −0.0055% | 1h | $49K | $17K | 25x | |
| gTrade (Gains Network) XPL/USD | +0.040% | L +0.0005% / S −0.0004% | 1h | $54K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.049% | L −0.0040% / S +0.0454% | 1h | $133K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | +0.071% | −0.0277% | 1h | $183K | $290K | 10x | as long as short |
| Phoenix XPL | +0.153% | +0.0312% | 1h | $201K | $593K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.654% | +0.1448% | 1h | $253K | $581K | 10x | as long as short |
| Bulk XPL-USD | +1.241% | +0.0100% | 1h | $140K | $6K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +3.193% | +0.0840% | 1h | $76K | $135K | 50x | as long as short |
Deribit XPL_USDC-PERPETUAL
ApeX Omni XPLUSDT
BloFin
Variational Omni
Lighter
HTX
Bybit
Binance
KuCoin
MEXC
Paradex
Pacifica
OKX
Gate
BingX
SunX
Hyperliquid
Extended
Bitget
Aster
SoDEX
Polymarket Perps
gTrade (Gains Network)
GMX
Backpack
Phoenix
Kraken Futures
Bulk
Coinbase International