Spread before costs (cost unknown: a leg has no order-book sample)+0.004%
7d average—if it closes, per $10,000$0funding while held, a day−$0.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XPL-USD | 0.09964 | 0.0104 | pay 0.0013% / 1h | 22m 26s | $630K | $852K | 25x |
| Short | Paradex XPL-USD-PERP | 0.09964 | 0.0098 | get 0.0098% / 8h | 5h 22m | $13K | $2K | 5x |
Extended XPL-USD
Paradex XPL-USD-PERPPrice 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
- $0.37
- Funding while held
- −$0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.8
- Spread needed to break even
- 0.090%
Slippage unknown: Extended: live order book, 12 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0006%
- Per $10,000 a day
- −$0.17
- 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, 12 min ago | 2.01 bp | 7.9 bp −$8 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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
SunX0.09930+31.166%HTX0.09934+31.219%BloFin0.09938+31.272%ApeX Omni0.09940+31.298%Orderly0.09946+31.377%Bulk0.09946+31.383%Nado0.09947+31.390%Lighter0.09949+31.417%SoDEX0.09950+31.430%Deribit0.09952+31.456%GMX0.09953+31.471%gTrade (Gains Network)0.09953+31.475%MEXC0.09955+31.496%Aevo0.09955+31.496%Bitget0.09957+31.522%Variational Omni0.09958+31.535%KuCoin0.09958+31.536%Bybit0.09961+31.575%01 Exchange0.09961+31.575%Phoenix0.09962+31.589%BingX0.09963+31.602%
Reya
SunX
HTX
BloFin
ApeX Omni
Orderly
Bulk
Nado
Lighter
SoDEX
Deribit
GMX
gTrade (Gains Network)
MEXC
Aevo
Bitget
Variational Omni
KuCoin
Bybit
Phoenix
BingXExtended0.09964+31.610%
Paradex0.09964+31.615%
Binance0.09965+31.628%OKX0.09966+31.641%Gate0.09966+31.641%Polymarket Perps0.09967+31.652%Pacifica0.09968+31.670%Backpack0.09970+31.694%Aster0.09971+31.708%Hyperliquid0.09973+31.734%dYdX0.09974+31.744%Kraken Futures0.09985+31.895%Coinbase International0.1002+32.394%
Binance
OKX
Gate
Polymarket Perps
Pacifica
Backpack
Aster
Hyperliquid
dYdX
Kraken Futures
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.018% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.337% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| HTX XPL-USDT | −0.297% | +0.0100% | 4h | $143K | $241K | 20x | as long as short |
| BloFin XPL-USDT | −0.257% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| ApeX Omni XPLUSDT | −0.237% | +0.0100% | 1h | $26K | $82K | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.177% | +0.0046% | 4h | $28K | $333K | 10x | as long as short |
| Bulk XPL-USD | −0.172% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
| Nado XPL-PERP | −0.167% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Lighter XPL | −0.147% | −0.0720% | 1h | $4.5M | $4.2M | 10x | as long as short |
| SoDEX XPL-USD | −0.137% | +0.0100% | 1h | $208 | $10K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit XPL_USDC-PERPETUAL | −0.116% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.105% | L −0.0039% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.102% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| MEXC XPL_USDT | −0.086% | +0.0100% | 4h | $13.7M | $7.3M | 100x | as long as short |
| Aevo XPL-PERP | −0.086% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Bitget XPLUSDT | −0.066% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| Variational Omni XPL | −0.057% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| KuCoin XPLUSDTM | −0.056% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
| Bybit XPLUSDT | −0.026% | +0.0100% | 4h | $47.9M | $49.3M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.026% | −0.0072% | 1h | $579 | $583 | 5x | as long as short |
| Phoenix XPL | −0.016% | +0.0324% | 1h | $203K | $621K | 10x | as long as short |
| BingX XPL-USDT | −0.006% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USDlong | 0.000% | +0.0104% | 1h | $630K | $852K | 25x | |
| Paradex XPL-USD-PERPshort | +0.004% | +0.0098% | 8h | $13K | $2K | 5x | |
| Binance XPLUSDT | +0.014% | +0.0100% | 4h | $45.4M | $100.2M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.024% | +0.0100% | 4h | $9.4M | $52.8M | 50x | as long as short |
| Gate XPL_USDT | +0.024% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Polymarket Perps XPL-USD | +0.032% | +0.0100% | 1h | $134K | $2.7M | 10x | as long as short |
| Pacifica XPL | +0.046% | +0.0100% | 1h | $226K | $14K | 10x | as long as short |
| Backpack XPL_USDC_PERP | +0.064% | −0.0417% | 1h | $184K | $282K | 10x | as long as short |
| Aster XPLUSDT | +0.075% | +0.0100% | 4h | $276K | $471K | 20x | as long as short |
| Hyperliquid XPL | +0.094% | +0.0248% | 1h | $65.6M | $43.7M | 10x | as long as short |
| dYdX XPL-USD | +0.102% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Kraken Futures PF_XPLUSD | +0.217% | +0.2758% | 1h | $292K | $691K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.596% | +0.0848% | 1h | $77K | $117K | 50x | as long as short |