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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.126%
7d average—if it closes, per $10,000$13funding while held, a day−$0.16
Long on gTrade (Gains Network)Short on dYdX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPL/USD0.09965L +0.0005% / S −0.0004%pay 0.0001% / 1h55m 57s$74K—150x
ShortdYdX XPL-USD0.099770get 0.0000% / 1h55m 57s$8K—5x

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
$12.55
Funding while held
−$0.16
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$7.61
Spread needed to break even
0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; dYdX: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0005%
Per $10,000 a day
−$0.16
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 gTrade (Gains Network) no order-book sample—————
Sell dYdX no order-book sample—————
gTrade (Gains Network) and 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.
Reya0.07570cheapest
SunX0.09940+31.310%Lighter0.09949+31.429%Bybit0.09952+31.469%Binance0.09954+31.497%BingX0.09955+31.508%Nado0.09955+31.508%01 Exchange0.09956+31.521%Extended0.09956+31.524%OKX0.09957+31.535%KuCoin0.09957+31.535%Bitget0.09958+31.548%Gate0.09959+31.561%MEXC0.09960+31.574%ApeX Omni0.09960+31.574%Orderly0.09960+31.574%SoDEX0.09960+31.574%Deribit0.09962+31.601%Backpack0.09964+31.627%GMX0.09964+31.627%HTX0.09964+31.627%Aster0.09965+31.637%
gTrade (Gains Network)0.09965+31.640%
Aevo0.09965+31.646%Polymarket Perps0.09966+31.648%Phoenix0.09968+31.680%Paradex0.09969+31.687%Hyperliquid0.09976+31.791%BloFin0.09977+31.799%
dYdX0.09977+31.805%
Pacifica0.09983+31.875%Bulk0.09986+31.919%Variational Omni0.09986+31.921%Kraken Futures0.1001+32.229%Coinbase International0.1006+32.829%

XPL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya XPLRUSDPERP−24.035%0.0000%1h———as long as short
SunX XPL-USDT−0.251%+0.0100%4h$3K$1.9M20xas long as short
Lighter XPL−0.160%−0.1176%1h$4.5M$4.1M10xas long as short
Bybit XPLUSDT−0.130%+0.0100%4h$48.1M$48.7M75xas long as short
Binance XPLUSDT−0.109%+0.0100%4h$45.4M$98.0M75xas long as short
BingX XPL-USDT−0.100%+0.0100%4h—$7.9M—as long as short
Nado XPL-PERP−0.100%+0.0100%1h$1.4M$2.5M10xas long as short
01 Exchange XPLUSD−0.090%−0.0040%1h$579$5935xas long as short
Extended XPL-USD−0.088%+0.0104%1h$644K$831K25xas long as short
OKX XPL-USDT-SWAP−0.080%+0.0100%4h$9.4M$53.0M50xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin XPLUSDTM−0.080%+0.0100%4h$2.5M$1.4M50xas long as short
Bitget XPLUSDT−0.070%+0.0100%4h$8.7M$10.7M75xas long as short
Gate XPL_USDT−0.060%+0.0100%4h$3.1M$3.9M75xas long as short
MEXC XPL_USDT−0.050%+0.0100%4h$14.0M$7.3M100xas long as short
ApeX Omni XPLUSDT−0.050%+0.0100%1h$29K$94K50xas long as short
Orderly PERP_XPL_USDC−0.050%+0.0024%4h$28K$333K10xas long as short
SoDEX XPL-USD−0.050%+0.0100%1h$204$9K10xas long as short
Deribit XPL_USDC-PERPETUAL−0.030%0.0000%1h$49K$17K25xas long as short
Backpack XPL_USDC_PERP−0.010%−0.0054%1h$184K$283K10xas long as short
GMX XPL/USD [WBTC.b-USDC]−0.010%L −0.0039% / S +0.0454%1h$135K—100xas long as short
HTX XPL-USDT−0.010%+0.0100%4h$144K$239K20xas long as short
Aster XPLUSDT−0.002%+0.0100%4h$266K$448K20xas long as short
gTrade (Gains Network) XPL/USDlong0.000%L +0.0005% / S −0.0004%1h$74K—150x
Aevo XPL-PERP+0.004%+0.0104%1h$39K$5K3xas long as short
Polymarket Perps XPL-USD+0.006%+0.0100%1h$129K$3.3M10xas long as short
Phoenix XPL+0.030%+0.0241%1h$203K$623K10xas long as short
Paradex XPL-USD-PERP+0.036%+0.0096%8h$13K$2K5xas long as short
Hyperliquid XPL+0.115%+0.0100%1h$64.9M$41.4M10xas long as short
BloFin XPL-USDT+0.121%+0.0340%4h$1.8M$1.2M75xas long as short
dYdX XPL-USDshort+0.126%0.0000%1h$8K—5x
Pacifica XPL+0.179%+0.0100%1h$226K$15K10xas long as short
Bulk XPL-USD+0.212%+0.0100%1h$142K$52K10xas long as short
Variational Omni XPL+0.213%+0.0100%4h$1.7M$1.8M—as long as short
Kraken Futures PF_XPLUSD+0.447%+0.4755%1h$255K$592K10xas long as short
Coinbase International XPL-PERP-INTX+0.903%+0.0840%1h$78K$121K50xas long as short