After costs, if the gap returns to its 7d average, $10k−$57
spread now+0.253%7d average+0.071%fees + slippage, in and out−$76spread needed0.756%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPL_USDT | 0.1028 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $3.2M | $3.8M | 75x |
| Short | Hyperliquid XPL | 0.1030 | 0.0185 | get 0.0023% / 1h | 9m 50s | $68.8M | $34.9M | 10x |
Gate XPL_USDT
Hyperliquid XPLPrice 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
- $25.3
- Funding while held
- $2.56
- Slippage, 4 orders
- −$51.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$47.73
- Spread needed to break even
- 0.756%
Slippage from Gate: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0085%
- Per $10,000 a day
- +$2.56
- 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 Gate live order book, 5 min ago | 2.93 bp | 28.9 bp −$29 | 150.8 bp −$1,508 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.46 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.1025+35.382%ApeX Omni0.1025+35.386%SunX0.1025+35.386%Lighter0.1026+35.478%Orderly0.1027+35.650%Deribit0.1027+35.716%GMX0.1028+35.717%
Reya
Bulk
ApeX Omni
SunX
Lighter
Orderly
Deribit
GMXGate0.1028+35.742%
gTrade (Gains Network)0.1028+35.744%Aevo0.1028+35.759%KuCoin0.1028+35.769%Binance0.1028+35.771%BingX0.1028+35.782%SoDEX0.1028+35.782%Aster0.1028+35.799%BloFin0.1028+35.808%Extended0.1028+35.812%Paradex0.1028+35.816%Backpack0.1028+35.822%Nado0.1029+35.858%MEXC0.1029+35.861%Phoenix0.1029+35.861%dYdX0.1029+35.887%Bybit0.1029+35.914%Pacifica0.1029+35.922%Polymarket Perps0.1029+35.954%Variational Omni0.1029+35.971%HTX0.1029+35.980%OKX0.1030+36.020%Bitget0.1030+36.033%
gTrade (Gains Network)
Aevo
KuCoin
Binance
BingX
SoDEX
Aster
BloFin
Extended
Paradex
Backpack
Nado
MEXC
Phoenix
dYdX
Bybit
Pacifica
Polymarket Perps
Variational Omni
HTX
OKX
BitgetHyperliquid0.1030+36.086%
Kraken Futures0.1031+36.141%Coinbase International0.1032+36.310%
Kraken Futures
Coinbase InternationalXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.331% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.266% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.263% | +0.0100% | 1h | $30K | $86K | 50x | as long as short |
| SunX XPL-USDT | −0.263% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −0.195% | −0.1024% | 1h | $4.6M | $4.1M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.068% | +0.0032% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.019% | −0.0139% | 1h | $47K | $10K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.018% | L −0.0036% / S +0.0450% | 1h | $137K | — | 100x | as long as short |
| Gate XPL_USDTlong | 0.000% | +0.0100% | 4h | $3.2M | $3.8M | 75x | |
| gTrade (Gains Network) XPL/USD | +0.001% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XPL-PERP | +0.013% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | +0.019% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Binance XPLUSDT | +0.021% | +0.0100% | 4h | $48.1M | $90.0M | 75x | as long as short |
| BingX XPL-USDT | +0.029% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| SoDEX XPL-USD | +0.029% | +0.0100% | 1h | $211 | $9K | 10x | as long as short |
| Aster XPLUSDT | +0.042% | +0.0100% | 4h | $278K | $440K | 20x | as long as short |
| BloFin XPL-USDT | +0.049% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Extended XPL-USD | +0.052% | +0.0104% | 1h | $671K | $803K | 25x | as long as short |
| Paradex XPL-USD-PERP | +0.054% | +0.0088% | 8h | $12K | $946 | 5x | as long as short |
| Backpack XPL_USDC_PERP | +0.058% | +0.0027% | 1h | $191K | $281K | 10x | as long as short |
| Nado XPL-PERP | +0.085% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| MEXC XPL_USDT | +0.088% | +0.0100% | 4h | $14.5M | $7.1M | 100x | as long as short |
| Phoenix XPL | +0.088% | +0.0391% | 1h | $210K | $528K | 10x | as long as short |
| dYdX XPL-USD | +0.106% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Bybit XPLUSDT | +0.126% | +0.0100% | 4h | $50.8M | $45.6M | 75x | as long as short |
| Pacifica XPL | +0.132% | +0.0100% | 1h | $232K | $19K | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.156% | +0.0100% | 1h | $142K | $3.6M | 10x | as long as short |
| Variational Omni XPL | +0.168% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| HTX XPL-USDT | +0.175% | +0.0100% | 4h | $151K | $254K | 20x | as long as short |
| OKX XPL-USDT-SWAP | +0.204% | +0.0100% | 4h | $10.1M | $52.9M | 50x | as long as short |
| Bitget XPLUSDT | +0.214% | +0.0100% | 4h | $9.2M | $10.5M | 75x | as long as short |
| Hyperliquid XPLshort | +0.253% | +0.0185% | 1h | $68.8M | $34.9M | 10x | |
| Kraken Futures PF_XPLUSD | +0.294% | +0.0510% | 1h | $143K | $418K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.418% | +0.0880% | 1h | $109K | $121K | 50x | as long as short |