Spread before costs (cost unknown: a leg has no order-book sample)−0.184%
7d average—if it closes, per $10,000$18funding while held, a day+$2.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XPL/USD | 0.09934 | L +0.0005% / S −0.0004% | pay 0.0001% / 1h | 1m 31s | $74K | — | 150x |
| Short | Paradex XPL-USD-PERP | 0.09916 | 0.0099 | get 0.0099% / 8h | 5h 01m | $13K | $2K | 5x |
gTrade (Gains Network) 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
- −$18.4
- Funding while held
- $2.8
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$29.6
- Spread needed to break even
- 0.140%
Slippage unknown: gTrade (Gains Network): no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0093%
- Per $10,000 a day
- +$2.80
- 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 Paradex no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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.Reya0.07570cheapest
HTX0.09896+30.721%Bybit0.09897+30.734%OKX0.09899+30.760%SunX0.09900+30.774%Lighter0.09908+30.879%Binance0.09911+30.925%Extended0.09912+30.930%BingX0.09912+30.932%Bulk0.09914+30.954%KuCoin0.09914+30.958%01 Exchange0.09915+30.972%
Reya
HTX
Bybit
OKX
SunX
Lighter
Binance
Extended
BingX
Bulk
KuCoinParadex0.09916+30.980%
BloFin0.09916+30.985%Gate0.09918+31.011%Bitget0.09919+31.024%ApeX Omni0.09920+31.038%SoDEX0.09920+31.038%Nado0.09920+31.041%MEXC0.09921+31.051%Pacifica0.09922+31.071%Phoenix0.09926+31.117%Orderly0.09927+31.130%Backpack0.09929+31.157%Deribit0.09931+31.183%dYdX0.09931+31.186%Aevo0.09931+31.186%GMX0.09933+31.212%
BloFin
Gate
Bitget
ApeX Omni
SoDEX
Nado
MEXC
Pacifica
Phoenix
Orderly
Backpack
Deribit
dYdX
Aevo
GMXgTrade (Gains Network)0.09934+31.221%
Aster0.09934+31.228%Polymarket Perps0.09935+31.237%Hyperliquid0.09937+31.268%Variational Omni0.09941+31.313%Kraken Futures0.09954+31.492%Coinbase International0.1002+32.398%
Aster
Polymarket Perps
Hyperliquid
Variational Omni
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 | −23.793% | 0.0000% | 1h | — | — | — | as long as short |
| HTX XPL-USDT | −0.382% | +0.0100% | 4h | $142K | $243K | 20x | as long as short |
| Bybit XPLUSDT | −0.371% | +0.0100% | 4h | $47.6M | $49.2M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.351% | +0.0100% | 4h | $9.3M | $52.2M | 50x | as long as short |
| SunX XPL-USDT | −0.341% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| Lighter XPL | −0.261% | −0.0696% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Binance XPLUSDT | −0.226% | +0.0100% | 4h | $45.2M | $99.9M | 75x | as long as short |
| Extended XPL-USD | −0.222% | +0.0104% | 1h | $664K | $913K | 25x | as long as short |
| BingX XPL-USDT | −0.220% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Bulk XPL-USD | −0.203% | +0.0100% | 1h | $141K | $54K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XPLUSDTM | −0.200% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
| 01 Exchange XPLUSD | −0.190% | −0.0072% | 1h | $576 | $583 | 5x | as long as short |
| Paradex XPL-USD-PERPshort | −0.184% | +0.0099% | 8h | $13K | $2K | 5x | |
| BloFin XPL-USDT | −0.180% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Gate XPL_USDT | −0.160% | +0.0100% | 4h | $3.1M | $4.0M | 75x | as long as short |
| Bitget XPLUSDT | −0.150% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| ApeX Omni XPLUSDT | −0.140% | +0.0100% | 1h | $26K | $83K | 50x | as long as short |
| SoDEX XPL-USD | −0.140% | +0.0100% | 1h | $203 | $10K | 10x | as long as short |
| Nado XPL-PERP | −0.137% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| MEXC XPL_USDT | −0.130% | +0.0100% | 4h | $13.8M | $7.4M | 100x | as long as short |
| Pacifica XPL | −0.115% | +0.0100% | 1h | $225K | $14K | 10x | as long as short |
| Phoenix XPL | −0.080% | +0.0324% | 1h | $203K | $621K | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.069% | +0.0050% | 4h | $28K | $333K | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.049% | −0.0217% | 1h | $183K | $281K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.029% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| dYdX XPL-USD | −0.027% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Aevo XPL-PERP | −0.027% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.007% | L −0.0039% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USDlong | 0.000% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | |
| Aster XPLUSDT | +0.005% | +0.0100% | 4h | $272K | $471K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.012% | +0.0100% | 1h | $133K | $2.7M | 10x | as long as short |
| Hyperliquid XPL | +0.035% | +0.0201% | 1h | $65.4M | $43.8M | 10x | as long as short |
| Variational Omni XPL | +0.070% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Kraken Futures PF_XPLUSD | +0.207% | +0.2766% | 1h | $292K | $692K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.897% | +0.0848% | 1h | $77K | $117K | 50x | as long as short |