Spread before costs (cost unknown: a leg has no order-book sample)+0.070%
7d average—if it closes, per $10,000$7funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XPL-USD | 0.1021 | 0 | get 0.0000% / 1h | 52m 08s | $9K | — | 5x |
| Short | Binance XPLUSDT | 0.1022 | 0.0100 | get 0.0050% / 4h | 52m 08s | $48.0M | $90.7M | 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
- $7.04
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.96
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.98 bp | 13.5 bp −$13 | 25.7 bp −$257 | 120.7 bp −$12.1K | doesn't fit |
dYdX: 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 | −25.851% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −0.107% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Lighter XPL | −0.067% | −0.0744% | 1h | $4.6M | $4.1M | 10x | as long as short |
| Extended XPL-USD | −0.019% | +0.0104% | 1h | $667K | $802K | 25x | as long as short |
| Pacifica XPL | −0.001% | +0.0100% | 1h | $230K | $19K | 10x | as long as short |
| dYdX XPL-USDlong | 0.000% | 0.0000% | 1h | $9K | — | 5x | |
| ApeX Omni XPLUSDT | +0.001% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| SunX XPL-USDT | +0.001% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| SoDEX XPL-USD | +0.001% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| Gate XPL_USDT | +0.011% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XPLUSDT | +0.021% | +0.0100% | 4h | $50.4M | $45.6M | 75x | as long as short |
| Orderly PERP_XPL_USDC | +0.021% | +0.0035% | 4h | $28K | $331K | 10x | as long as short |
| MEXC XPL_USDT | +0.040% | +0.0100% | 4h | $14.3M | $7.1M | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.040% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Aevo XPL-PERP | +0.043% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.044% | L −0.0038% / S +0.0451% | 1h | $136K | — | 100x | as long as short |
| Nado XPL-PERP | +0.045% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| BingX XPL-USDT | +0.050% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.050% | 0.0000% | 1h | $48K | $11K | 25x | as long as short |
| HTX XPL-USDT | +0.050% | +0.0100% | 4h | $150K | $255K | 20x | as long as short |
| OKX XPL-USDT-SWAP | +0.060% | +0.0100% | 4h | $10.0M | $52.9M | 50x | as long as short |
| Bitget XPLUSDT | +0.070% | +0.0100% | 4h | $9.1M | $10.6M | 75x | as long as short |
| Binance XPLUSDTshort | +0.070% | +0.0100% | 4h | $48.0M | $90.7M | 75x | |
| Paradex XPL-USD-PERP | +0.077% | +0.0091% | 8h | $13K | $1K | 5x | as long as short |
| Aster XPLUSDT | +0.096% | +0.0100% | 4h | $276K | $440K | 20x | as long as short |
| Bulk XPL-USD | +0.099% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |
| KuCoin XPLUSDTM | +0.099% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Backpack XPL_USDC_PERP | +0.099% | +0.0100% | 1h | $188K | $282K | 10x | as long as short |
| 01 Exchange XPLUSD | +0.119% | −0.0104% | 1h | $594 | $3K | 5x | as long as short |
| Polymarket Perps XPL-USD | +0.187% | +0.0100% | 1h | $141K | $3.6M | 10x | as long as short |
| Variational Omni XPL | +0.245% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Hyperliquid XPL | +0.256% | +0.0343% | 1h | $68.3M | $35.1M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.296% | +0.1604% | 1h | $148K | $426K | 10x | as long as short |
| Phoenix XPL | +0.491% | +0.0312% | 1h | $209K | $596K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.863% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |
Binance XPLUSDT
BloFin
Lighter
Extended
Pacifica
ApeX Omni
SunX
SoDEX
Gate
Bybit
MEXC
gTrade (Gains Network)
GMX
BingX
Deribit
HTX
OKX
Bitget
Paradex
Aster
Bulk
KuCoin
Backpack
Polymarket Perps
Variational Omni
Hyperliquid
Kraken Futures
Phoenix
Coinbase International