data as of
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Price arb /

XPL

all XPL markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$24
spread now+0.074%7d average−0.002%fees + slippage, in and out−$31spread needed0.313%
Long on ExtendedShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPL-USD0.10120.0104pay 0.0013% / 1h46m 57s$660K$802K25x
ShortLighter XPL0.1013−0.0800pay 0.0100% / 1h46m 57s$4.6M$4.1M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$7.38
Funding while held
−$27.12
Slippage, 4 orders
−$26.31
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.05
Spread needed to break even
0.313%
Slippage from Extended: live order book, 3 min ago; Lighter: live order book, 7 min ago.

Cost of waiting

funding view
Funding /8h
−0.0904%
Per $10,000 a day
−$27.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago2.95 bp7.7 bp −$827.4 bp −$274doesn't fitdoesn't fit
Sell Lighter live order book, 7 min ago2.93 bp6.0 bp −$630.1 bp −$301doesn't fitdoesn't fit

XPL price on every exchange

against the cheapest. Click to use as the short leg.
Reya0.07571cheapest
01 Exchange0.1011+33.596%
Extended0.1012+33.682%
MEXC0.1012+33.688%BingX0.1012+33.715%Binance0.1012+33.728%Bybit0.1013+33.754%
Lighter0.1013+33.781%
Nado0.1013+33.797%dYdX0.1013+33.798%SunX0.1013+33.807%SoDEX0.1013+33.807%Aster0.1013+33.808%OKX0.1013+33.820%Gate0.1013+33.820%Bitget0.1013+33.860%KuCoin0.1013+33.873%Pacifica0.1014+33.880%Paradex0.1014+33.912%Polymarket Perps0.1014+33.913%Orderly0.1014+33.939%Backpack0.1014+33.979%BloFin0.1014+33.979%gTrade (Gains Network)0.1014+33.987%Deribit0.1014+33.992%GMX0.1014+34.001%Aevo0.1015+34.042%Hyperliquid0.1015+34.058%HTX0.1015+34.071%Kraken Futures0.1016+34.164%ApeX Omni0.1018+34.467%Bulk0.1022+34.996%Variational Omni0.1022+35.038%Phoenix0.1024+35.313%Coinbase International0.1030+36.026%

XPL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya XPLRUSDPERP−25.196%0.0000%1h———as long as short
01 Exchange XPLUSD−0.065%−0.0112%1h$588$3K5xas long as short
Extended XPL-USDlong0.000%+0.0104%1h$660K$802K25x
MEXC XPL_USDT+0.005%+0.0100%4h$14.0M$7.1M100xas long as short
BingX XPL-USDT+0.024%+0.0100%4h—$7.8M—as long as short
Binance XPLUSDT+0.034%+0.0100%4h$47.5M$91.3M75xas long as short
Bybit XPLUSDT+0.054%+0.0100%4h$49.9M$45.8M75xas long as short
Lighter XPLshort+0.074%−0.0800%1h$4.6M$4.1M10x
Nado XPL-PERP+0.086%+0.0100%1h$1.5M$2.3M10xas long as short
dYdX XPL-USD+0.087%0.0000%1h$8K—5xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX XPL-USDT+0.094%+0.0100%4h$2K$1.8M20xas long as short
SoDEX XPL-USD+0.094%+0.0100%1h$214$9K10xas long as short
Aster XPLUSDT+0.094%+0.0100%4h$273K$441K20xas long as short
OKX XPL-USDT-SWAP+0.103%+0.0100%4h$9.9M$52.5M50xas long as short
Gate XPL_USDT+0.103%+0.0100%4h$3.2M$3.8M75xas long as short
Bitget XPLUSDT+0.133%+0.0100%4h$9.0M$10.6M75xas long as short
KuCoin XPLUSDTM+0.143%+0.0100%4h$2.8M$1.3M50xas long as short
Pacifica XPL+0.148%+0.0100%1h$229K$20K10xas long as short
Paradex XPL-USD-PERP+0.172%+0.0092%8h$13K$1K5xas long as short
Polymarket Perps XPL-USD+0.173%+0.0100%1h$140K$3.5M10xas long as short
Orderly PERP_XPL_USDC+0.192%+0.0045%4h$28K$331K10xas long as short
Backpack XPL_USDC_PERP+0.222%+0.0100%1h$186K$284K10xas long as short
BloFin XPL-USDT+0.222%+0.0340%4h$2.0M$1.1M75xas long as short
gTrade (Gains Network) XPL/USD+0.228%L +0.0005% / S −0.0004%1h$73K—150xas long as short
Deribit XPL_USDC-PERPETUAL+0.232%−0.0341%1h$48K$11K25xas long as short
GMX XPL/USD [WBTC.b-USDC]+0.239%L −0.0038% / S +0.0452%1h$135K—100xas long as short
Aevo XPL-PERP+0.269%+0.0104%1h$39K$5K3xas long as short
Hyperliquid XPL+0.281%+0.0232%1h$67.5M$35.3M10xas long as short
HTX XPL-USDT+0.291%+0.0100%4h$149K$256K20xas long as short
Kraken Futures PF_XPLUSD+0.361%+0.1617%1h$147K$427K10xas long as short
ApeX Omni XPLUSDT+0.588%+0.0100%1h$30K$88K50xas long as short
Bulk XPL-USD+0.983%+0.0100%1h$143K$35K10xas long as short
Variational Omni XPL+1.015%+0.0100%4h$1.9M$1.5M—as long as short
Phoenix XPL+1.220%+0.0312%1h$209K$596K10xas long as short
Coinbase International XPL-PERP-INTX+1.754%+0.0888%1h$108K$120K50xas long as short