Spread before costs (cost unknown: a leg has no order-book sample)−0.136%
7d average—if it closes, per $10,000$14funding while held, a day+$2.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XPL/USD | 0.1007 | L +0.0005% / S −0.0004% | pay 0.0001% / 1h | 42m 15s | $72K | — | 150x |
| Short | Extended XPL-USD | 0.1006 | 0.0104 | get 0.0013% / 1h | 42m 15s | $656K | $802K | 25x |
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
- −$13.61
- Funding while held
- $2.96
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.66
- Spread needed to break even
- 0.150%
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0099%
- Per $10,000 a day
- +$2.96
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 7 min ago | 2.95 bp | 10.0 bp −$10 | 24.1 bp −$241 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | −24.815% | 0.0000% | 1h | — | — | — | as long as short |
| HTX XPL-USDT | −0.307% | +0.0100% | 4h | $148K | $255K | 20x | as long as short |
| Lighter XPL | −0.287% | −0.0784% | 1h | $4.5M | $4.1M | 10x | as long as short |
| SunX XPL-USDT | −0.188% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Bybit XPLUSDT | −0.138% | +0.0100% | 4h | $49.4M | $45.9M | 75x | as long as short |
| Extended XPL-USDshort | −0.136% | +0.0104% | 1h | $656K | $802K | 25x | |
| Bitget XPLUSDT | −0.128% | +0.0100% | 4h | $9.0M | $10.6M | 75x | as long as short |
| Orderly PERP_XPL_USDC | −0.128% | +0.0042% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.118% | −0.0446% | 1h | $47K | $11K | 25x | as long as short |
| Aevo XPL-PERP | −0.117% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XPL-USD-PERP | −0.107% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| Binance XPLUSDT | −0.098% | +0.0100% | 4h | $47.0M | $91.3M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.098% | +0.0100% | 4h | $9.8M | $52.2M | 50x | as long as short |
| Gate XPL_USDT | −0.098% | +0.0100% | 4h | $3.1M | $3.8M | 75x | as long as short |
| BloFin XPL-USDT | −0.098% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| SoDEX XPL-USD | −0.088% | +0.0100% | 1h | $212 | $9K | 10x | as long as short |
| Nado XPL-PERP | −0.081% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| BingX XPL-USDT | −0.078% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Kraken Futures PF_XPLUSD | −0.063% | +0.1632% | 1h | $147K | $428K | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.049% | +0.0020% | 1h | $183K | $287K | 10x | as long as short |
| Aster XPLUSDT | −0.033% | +0.0100% | 4h | $272K | $441K | 20x | as long as short |
| MEXC XPL_USDT | −0.029% | +0.0100% | 4h | $14.1M | $7.2M | 100x | as long as short |
| Pacifica XPL | −0.023% | +0.0100% | 1h | $228K | $20K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.017% | L −0.0038% / S +0.0452% | 1h | $134K | — | 100x | as long as short |
| 01 Exchange XPLUSD | −0.009% | −0.0200% | 1h | $585 | $3K | 5x | as long as short |
| gTrade (Gains Network) XPL/USDlong | 0.000% | L +0.0005% / S −0.0004% | 1h | $72K | — | 150x | |
| dYdX XPL-USD | +0.011% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| KuCoin XPLUSDTM | +0.011% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.051% | +0.0100% | 1h | $140K | $3.5M | 10x | as long as short |
| Hyperliquid XPL | +0.100% | +0.0148% | 1h | $67.0M | $35.3M | 10x | as long as short |
| Variational Omni XPL | +0.491% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| ApeX Omni XPLUSDT | +0.508% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Bulk XPL-USD | +0.692% | +0.0100% | 1h | $142K | $15K | 10x | as long as short |
| Phoenix XPL | +0.726% | +0.0312% | 1h | $207K | $596K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +2.275% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |
gTrade (Gains Network) XPL/USD
Extended XPL-USD
HTX
Lighter
SunX
Bybit
Bitget
Deribit
Paradex
Binance
OKX
Gate
BloFin
SoDEX
BingX
Kraken Futures
Backpack
Aster
MEXC
Pacifica
GMX
KuCoin
Polymarket Perps
Hyperliquid
Variational Omni
ApeX Omni
Bulk
Phoenix
Coinbase International