Spread before costs (cost unknown: a leg has no order-book sample)+0.799%
7d average+0.005%if it closes, per $10,000$80funding while held, a day+$4.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XPL/USD [WBTC.b-USDC] | 0.09935 | L −0.0040% / S +0.0454% | get 0.0005% / 1h | 19m 32s | $134K | — | 100x |
| Short | Bulk XPL-USD | 0.1001 | 0.0100 | get 0.0013% / 1h | 19m 32s | $142K | $52K | 10x |
GMX XPL/USD [WBTC.b-USDC]
Bulk XPL-USDPrice 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
- $79.89
- Funding while held
- $4.19
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $65.08
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Bulk: live order book, 26 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0140%
- Per $10,000 a day
- +$4.19
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 26 min ago | 5.05 bp | 16.8 bp −$17 | 25.7 bp −$257 | 63.0 bp −$6,305 | 245.0 bp −$122.5K |
GMX: 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
Lighter0.09898+30.747%Nado0.09904+30.829%Paradex0.09906+30.850%MEXC0.09906+30.852%BingX0.09907+30.866%Extended0.09907+30.868%OKX0.09908+30.879%KuCoin0.09910+30.905%Gate0.09912+30.932%Aster0.09913+30.948%01 Exchange0.09914+30.958%Bitget0.09915+30.971%Bybit0.09916+30.985%Pacifica0.09918+31.018%Binance0.09919+31.024%Hyperliquid0.09920+31.033%dYdX0.09921+31.055%Backpack0.09927+31.130%SunX0.09930+31.169%Polymarket Perps0.09932+31.197%
Reya
Lighter
Nado
Paradex
MEXC
BingX
Extended
OKX
KuCoin
Gate
Aster
Bitget
Bybit
Pacifica
Binance
Hyperliquid
dYdX
Backpack
SunX
Polymarket PerpsGMX0.09935+31.230%
gTrade (Gains Network)0.09935+31.241%Orderly0.09938+31.275%Aevo0.09940+31.302%SoDEX0.09940+31.302%Deribit0.09942+31.328%HTX0.09948+31.407%BloFin0.09949+31.420%ApeX Omni0.09970+31.698%Variational Omni0.09972+31.729%Phoenix0.09993+32.002%Kraken Futures0.1001+32.190%
gTrade (Gains Network)
Orderly
Aevo
SoDEX
Deribit
HTX
BloFin
ApeX Omni
Variational Omni
Phoenix
Kraken FuturesBulk0.1001+32.279%
Coinbase International0.1006+32.821%
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −23.798% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPL | −0.368% | −0.0880% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Nado XPL-PERP | −0.305% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.290% | +0.0094% | 8h | $13K | $1K | 5x | as long as short |
| MEXC XPL_USDT | −0.288% | +0.0100% | 4h | $13.8M | $7.6M | 100x | as long as short |
| BingX XPL-USDT | −0.278% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USD | −0.276% | +0.0104% | 1h | $644K | $829K | 25x | as long as short |
| OKX XPL-USDT-SWAP | −0.268% | +0.0100% | 4h | $9.3M | $54.1M | 50x | as long as short |
| KuCoin XPLUSDTM | −0.248% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Gate XPL_USDT | −0.227% | +0.0100% | 4h | $3.0M | $3.9M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XPLUSDT | −0.215% | +0.0100% | 4h | $264K | $455K | 20x | as long as short |
| 01 Exchange XPLUSD | −0.207% | −0.0120% | 1h | $576 | $582 | 5x | as long as short |
| Bitget XPLUSDT | −0.197% | +0.0100% | 4h | $8.6M | $11.2M | 75x | as long as short |
| Bybit XPLUSDT | −0.187% | +0.0100% | 4h | $47.7M | $49.3M | 75x | as long as short |
| Pacifica XPL | −0.162% | +0.0100% | 1h | $224K | $15K | 10x | as long as short |
| Binance XPLUSDT | −0.157% | +0.0100% | 4h | $45.2M | $99.0M | 75x | as long as short |
| Hyperliquid XPL | −0.150% | +0.0177% | 1h | $64.7M | $41.0M | 10x | as long as short |
| dYdX XPL-USD | −0.134% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Backpack XPL_USDC_PERP | −0.077% | −0.0185% | 1h | $183K | $287K | 10x | as long as short |
| SunX XPL-USDT | −0.046% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| Polymarket Perps XPL-USD | −0.025% | +0.0100% | 1h | $134K | $3.4M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC]long | 0.000% | L −0.0040% / S +0.0454% | 1h | $134K | — | 100x | |
| gTrade (Gains Network) XPL/USD | +0.008% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Orderly PERP_XPL_USDC | +0.034% | +0.0022% | 4h | $28K | $333K | 10x | as long as short |
| Aevo XPL-PERP | +0.054% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| SoDEX XPL-USD | +0.054% | +0.0100% | 1h | $208 | $9K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.074% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| HTX XPL-USDT | +0.135% | +0.0100% | 4h | $144K | $242K | 20x | as long as short |
| BloFin XPL-USDT | +0.145% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| ApeX Omni XPLUSDT | +0.356% | +0.0100% | 1h | $29K | $92K | 50x | as long as short |
| Variational Omni XPL | +0.380% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Phoenix XPL | +0.588% | +0.0245% | 1h | $204K | $618K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.732% | +0.1432% | 1h | $254K | $588K | 10x | as long as short |
| Bulk XPL-USDshort | +0.799% | +0.0100% | 1h | $142K | $52K | 10x | |
| Coinbase International XPL-PERP-INTX | +1.212% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |