Spread before costs (cost unknown: a leg has no order-book sample)+0.083%
7d average—if it closes, per $10,000$8funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XPL-USD | 0.1033 | 0 | get 0.0000% / 1h | 32m 22s | $9K | — | 5x |
| Short | MEXC XPL_USDT | 0.1034 | 0.0100 | get 0.0050% / 4h | 1h 32m | $14.7M | $6.9M | 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
- $8.32
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $1.32
- Spread needed to break even
- 0.100%
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 0.97 bp | 5.3 bp −$5 | 10.9 bp −$109 | 131.7 bp −$13.2K | 278.8 bp −$139.4K |
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 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.706% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −0.827% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Bulk XPL-USD | −0.806% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.285% | +0.0100% | 1h | $30K | $84K | 50x | as long as short |
| SunX XPL-USDT | −0.285% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Phoenix XPL | −0.227% | +0.0391% | 1h | $223K | $528K | 10x | as long as short |
| HTX XPL-USDT | −0.227% | +0.0100% | 4h | $152K | $253K | 20x | as long as short |
| Orderly PERP_XPL_USDC | −0.188% | +0.0039% | 4h | $29K | $331K | 10x | as long as short |
| SoDEX XPL-USD | −0.188% | +0.0100% | 1h | $310 | $9K | 10x | as long as short |
| Lighter XPL | −0.168% | −0.0848% | 1h | $4.7M | $3.9M | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XPL-PERP | −0.139% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.139% | −0.0138% | 1h | $47K | $10K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.107% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.094% | L −0.0035% / S +0.0449% | 1h | $138K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.081% | −0.0073% | 1h | $188K | $277K | 10x | as long as short |
| BloFin XPL-USDT | −0.052% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Bitget XPLUSDT | −0.014% | +0.0100% | 4h | $9.3M | $10.4M | 75x | as long as short |
| dYdX XPL-USDlong | 0.000% | 0.0000% | 1h | $9K | — | 5x | |
| Nado XPL-PERP | +0.047% | +0.0100% | 1h | $1.5M | $2.2M | 10x | as long as short |
| Pacifica XPL | +0.056% | +0.0100% | 1h | $233K | $18K | 10x | as long as short |
| KuCoin XPLUSDTM | +0.074% | +0.0100% | 4h | $2.9M | $1.3M | 50x | as long as short |
| MEXC XPL_USDTshort | +0.083% | +0.0100% | 4h | $14.7M | $6.9M | 100x | |
| Gate XPL_USDT | +0.093% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Paradex XPL-USD-PERP | +0.105% | +0.0095% | 8h | $12K | $946 | 5x | as long as short |
| Kraken Futures PF_XPLUSD | +0.112% | +0.0508% | 1h | $142K | $408K | 10x | as long as short |
| Extended XPL-USD | +0.120% | +0.0104% | 1h | $676K | $783K | 25x | as long as short |
| BingX XPL-USDT | +0.141% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Binance XPLUSDT | +0.180% | +0.0100% | 4h | $48.6M | $88.4M | 75x | as long as short |
| Bybit XPLUSDT | +0.180% | +0.0100% | 4h | $51.0M | $45.0M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.199% | +0.0100% | 4h | $10.1M | $52.8M | 50x | as long as short |
| Aster XPLUSDT | +0.214% | +0.0100% | 4h | $315K | $404K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.219% | +0.0100% | 1h | $143K | $3.7M | 10x | as long as short |
| Hyperliquid XPL | +0.277% | +0.0184% | 1h | $69.1M | $34.8M | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.177% | +0.0880% | 1h | $110K | $122K | 50x | as long as short |
MEXC XPL_USDT
Variational Omni
Bulk
ApeX Omni
SunX
Phoenix
HTX
SoDEX
Lighter
Deribit
gTrade (Gains Network)
GMX
Backpack
BloFin
Bitget
Pacifica
KuCoin
Gate
Paradex
Kraken Futures
Extended
BingX
Binance
Bybit
OKX
Aster
Polymarket Perps
Hyperliquid
Coinbase International