Spread before costs (cost unknown: a leg has no order-book sample)+0.043%
7d average+0.058%if it closes, per $10,000$4funding while held, a day−$16.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XPL-USD | 0.1014 | 0.0104 | pay 0.0013% / 1h | 47m 15s | $660K | $802K | 25x |
| Short | GMX XPL/USD [WBTC.b-USDC] | 0.1014 | L −0.0038% / S +0.0452% | pay 0.0056% / 1h | 47m 15s | $135K | — | 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
- $4.29
- Funding while held
- −$16.67
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$29.38
- Spread needed to break even
- 0.170%
Slippage unknown: Extended: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0556%
- Per $10,000 a day
- −$16.67
- 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 Extended live order book, 2 min ago | 2.95 bp | 7.7 bp −$8 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −25.342% | 0.0000% | 1h | — | — | — | as long as short |
| 01 Exchange XPLUSD | −0.260% | −0.0112% | 1h | $588 | $3K | 5x | as long as short |
| SoDEX XPL-USD | −0.201% | +0.0100% | 1h | $212 | $9K | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.141% | +0.0100% | 1h | $186K | $284K | 10x | as long as short |
| MEXC XPL_USDT | −0.132% | +0.0100% | 4h | $14.0M | $7.1M | 100x | as long as short |
| KuCoin XPLUSDTM | −0.132% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Lighter XPL | −0.122% | −0.0800% | 1h | $4.6M | $4.1M | 10x | as long as short |
| Gate XPL_USDT | −0.112% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Nado XPL-PERP | −0.109% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| dYdX XPL-USD | −0.109% | 0.0000% | 1h | $8K | — | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XPLUSDT | −0.108% | +0.0100% | 4h | $273K | $441K | 20x | as long as short |
| SunX XPL-USDT | −0.102% | +0.0100% | 4h | $2K | $1.8M | 20x | as long as short |
| Bybit XPLUSDT | −0.092% | +0.0100% | 4h | $49.9M | $45.8M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.063% | +0.0100% | 4h | $9.9M | $52.5M | 50x | as long as short |
| Pacifica XPL | −0.048% | +0.0100% | 1h | $229K | $20K | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.024% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| BingX XPL-USDT | −0.023% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Polymarket Perps XPL-USD | −0.023% | +0.0100% | 1h | $140K | $3.5M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.003% | +0.0045% | 4h | $28K | $331K | 10x | as long as short |
| Extended XPL-USDlong | 0.000% | +0.0104% | 1h | $660K | $802K | 25x | |
| Hyperliquid XPL | +0.006% | +0.0242% | 1h | $67.5M | $35.3M | 10x | as long as short |
| Bitget XPLUSDT | +0.026% | +0.0100% | 4h | $9.1M | $10.6M | 75x | as long as short |
| BloFin XPL-USDT | +0.026% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.032% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.036% | −0.0341% | 1h | $48K | $11K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC]short | +0.043% | L −0.0038% / S +0.0452% | 1h | $135K | — | 100x | |
| Binance XPLUSDT | +0.058% | +0.0100% | 4h | $47.6M | $91.1M | 75x | as long as short |
| Aevo XPL-PERP | +0.073% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| HTX XPL-USDT | +0.095% | +0.0100% | 4h | $149K | $256K | 20x | as long as short |
| Kraken Futures PF_XPLUSD | +0.165% | +0.1617% | 1h | $147K | $427K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.391% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Bulk XPL-USD | +0.785% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |
| Variational Omni XPL | +0.817% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Phoenix XPL | +1.022% | +0.0312% | 1h | $209K | $596K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.555% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |
Extended XPL-USD
GMX XPL/USD [WBTC.b-USDC]
SoDEX
Backpack
MEXC
KuCoin
Lighter
Gate
Aster
SunX
Bybit
OKX
Pacifica
Paradex
BingX
Polymarket Perps
Hyperliquid
Bitget
BloFin
gTrade (Gains Network)
Deribit
Binance
HTX
Kraken Futures
ApeX Omni
Bulk
Variational Omni
Phoenix
Coinbase International