Spread before costs (cost unknown: a leg has no order-book sample)−25.497%
7d average—if it closes, per $10,000$2550funding while held, a day+$4.30
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XPL_USDC-PERPETUAL | 0.1016 | −0.0143 | get 0.0018% / 1h | 44m 12s | $47K | $10K | 25x |
| Short | Reya XPLRUSDPERP | 0.07571 | 0 | get 0.0000% / 1h | 44m 12s | — | — | — |
Deribit XPL_USDC-PERPETUAL
Reya XPLRUSDPERPPrice 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
- −$2,549.75
- Funding while held
- $4.3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$2,558.44
- Spread needed to break even
- 0.130%
Slippage unknown: Deribit: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0143%
- Per $10,000 a day
- +$4.30
- 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 Reya no order-book sample | — | — | — | — | — |
Deribit and Reya: 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.Reya0.07571cheapest
Bulk0.1011+33.537%ApeX Omni0.1011+33.537%HTX0.1011+33.537%Phoenix0.1011+33.576%Variational Omni0.1012+33.627%SunX0.1015+34.065%Orderly0.1016+34.184%
Bulk
ApeX Omni
HTX
Phoenix
Variational Omni
SunX
OrderlyDeribit0.1016+34.224%
gTrade (Gains Network)0.1016+34.229%GMX0.1016+34.254%Lighter0.1017+34.290%BloFin0.1017+34.343%Extended0.1018+34.404%Aevo0.1018+34.422%Nado0.1018+34.428%Paradex0.1018+34.441%SoDEX0.1018+34.461%Pacifica0.1018+34.488%Aster0.1018+34.495%Polymarket Perps0.1018+34.501%dYdX0.1019+34.552%Binance0.1020+34.672%OKX0.1020+34.699%MEXC0.1020+34.712%KuCoin0.1020+34.726%Gate0.1020+34.739%BingX0.1020+34.752%Backpack0.1020+34.752%Kraken Futures0.1020+34.791%Bitget0.1021+34.805%Bybit0.1021+34.818%Coinbase International0.1021+34.831%Hyperliquid0.1021+34.897%
gTrade (Gains Network)
GMX
Lighter
BloFin
Extended
Aevo
Nado
Paradex
SoDEX
Pacifica
Aster
Polymarket Perps
dYdX
Binance
OKX
MEXC
KuCoin
Gate
BingX
Backpack
Kraken Futures
Bitget
Bybit
Coinbase International
HyperliquidXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERPshort | −25.497% | 0.0000% | 1h | — | — | — | |
| Bulk XPL-USD | −0.512% | +0.0100% | 1h | $142K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.512% | +0.0100% | 1h | $30K | $84K | 50x | as long as short |
| HTX XPL-USDT | −0.512% | +0.0100% | 4h | $150K | $251K | 20x | as long as short |
| Phoenix XPL | −0.482% | +0.0391% | 1h | $219K | $528K | 10x | as long as short |
| Variational Omni XPL | −0.445% | +0.0100% | 4h | $1.8M | $1.4M | — | as long as short |
| SunX XPL-USDT | −0.118% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Orderly PERP_XPL_USDC | −0.030% | +0.0045% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUALlong | 0.000% | −0.0143% | 1h | $47K | $10K | 25x | |
| gTrade (Gains Network) XPL/USD | +0.004% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX XPL/USD [WBTC.b-USDC] | +0.023% | L −0.0034% / S +0.0448% | 1h | $136K | — | 100x | as long as short |
| Lighter XPL | +0.049% | −0.0856% | 1h | $4.6M | $3.8M | 10x | as long as short |
| BloFin XPL-USDT | +0.089% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Extended XPL-USD | +0.134% | +0.0104% | 1h | $650K | $751K | 25x | as long as short |
| Aevo XPL-PERP | +0.148% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Nado XPL-PERP | +0.153% | +0.0100% | 1h | $1.5M | $2.2M | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.162% | +0.0094% | 8h | $12K | $946 | 5x | as long as short |
| SoDEX XPL-USD | +0.177% | +0.0100% | 1h | $306 | $9K | 10x | as long as short |
| Pacifica XPL | +0.197% | +0.0100% | 1h | $230K | $18K | 10x | as long as short |
| Aster XPLUSDT | +0.202% | +0.0100% | 4h | $310K | $401K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.207% | +0.0100% | 1h | $138K | $3.6M | 10x | as long as short |
| dYdX XPL-USD | +0.245% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Binance XPLUSDT | +0.334% | +0.0100% | 4h | $47.9M | $87.0M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.354% | +0.0100% | 4h | $10.0M | $51.4M | 50x | as long as short |
| MEXC XPL_USDT | +0.364% | +0.0100% | 4h | $14.3M | $6.8M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.374% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Gate XPL_USDT | +0.384% | +0.0100% | 4h | $3.2M | $3.7M | 75x | as long as short |
| BingX XPL-USDT | +0.394% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.394% | −0.0457% | 1h | $186K | $276K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.423% | +0.0515% | 1h | $140K | $383K | 10x | as long as short |
| Bitget XPLUSDT | +0.433% | +0.0100% | 4h | $9.2M | $10.0M | 75x | as long as short |
| Bybit XPLUSDT | +0.443% | +0.0100% | 4h | $50.1M | $44.0M | 75x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.453% | +0.0880% | 1h | $107K | $120K | 50x | as long as short |
| Hyperliquid XPL | +0.502% | +0.0129% | 1h | $68.0M | $33.7M | 10x | as long as short |