Spread before costs (cost unknown: a leg has no order-book sample)+0.002%
7d average—if it closes, per $10,000$0funding while held, a day+$1.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XPL/USD [WBTC.b-USDC] | 0.09800 | L −0.0040% / S +0.0454% | get 0.0005% / 1h | 58m 58s | $132K | — | 100x |
| Short | dYdX XPL-USD | 0.09800 | 0 | get 0.0000% / 1h | 58m 58s | $8K | — | 5x |
GMX XPL/USD [WBTC.b-USDC]
dYdX 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
- $0.2
- Funding while held
- $1.19
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$20.61
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.19
- 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 dYdX no order-book sample | — | — | — | — | — |
GMX 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
BloFin0.09785+29.258%01 Exchange0.09786+29.272%Variational Omni0.09788+29.292%Nado0.09790+29.331%Lighter0.09792+29.351%Polymarket Perps0.09793+29.361%Aevo0.09793+29.361%KuCoin0.09795+29.390%Orderly0.09798+29.430%Bybit0.09799+29.443%
Reya
BloFin
Variational Omni
Nado
Lighter
Polymarket Perps
Aevo
KuCoin
Orderly
BybitGMX0.09800+29.454%
dYdX0.09800+29.456%
SunX0.09800+29.456%SoDEX0.09800+29.456%Paradex0.09800+29.458%gTrade (Gains Network)0.09801+29.472%Extended0.09804+29.507%Gate0.09805+29.522%Deribit0.09805+29.522%Binance0.09807+29.550%Pacifica0.09808+29.561%MEXC0.09808+29.562%HTX0.09808+29.562%Aster0.09809+29.575%OKX0.09809+29.575%ApeX Omni0.09810+29.589%BingX0.09813+29.628%Backpack0.09815+29.655%Hyperliquid0.09819+29.706%Bitget0.09821+29.734%Phoenix0.09848+30.091%Kraken Futures0.09884+30.572%Bulk0.09955+31.505%Coinbase International0.1015+34.040%
SunX
SoDEX
Paradex
gTrade (Gains Network)
Extended
Gate
Deribit
Binance
Pacifica
MEXC
HTX
Aster
OKX
ApeX Omni
BingX
Backpack
Hyperliquid
Bitget
Phoenix
Kraken Futures
Bulk
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −22.752% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −0.151% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| 01 Exchange XPLUSD | −0.141% | −0.0616% | 1h | $569 | $582 | 5x | as long as short |
| Variational Omni XPL | −0.125% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Nado XPL-PERP | −0.095% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Lighter XPL | −0.080% | −0.1264% | 1h | $4.4M | $4.2M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.071% | −0.0146% | 1h | $136K | $3.5M | 10x | as long as short |
| Aevo XPL-PERP | −0.071% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | −0.049% | +0.0100% | 4h | $2.6M | $1.4M | 50x | as long as short |
| Orderly PERP_XPL_USDC | −0.018% | +0.0022% | 4h | $27K | $331K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XPLUSDT | −0.008% | +0.0100% | 4h | $47.5M | $48.7M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC]long | 0.000% | L −0.0040% / S +0.0454% | 1h | $132K | — | 100x | |
| dYdX XPL-USDshort | +0.002% | 0.0000% | 1h | $8K | — | 5x | |
| SunX XPL-USDT | +0.002% | +0.0100% | 4h | $2K | $1.9M | 20x | as long as short |
| SoDEX XPL-USD | +0.002% | +0.0100% | 1h | $204 | $9K | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.004% | +0.0092% | 8h | $12K | $1K | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.014% | L +0.0005% / S −0.0004% | 1h | $53K | — | 150x | as long as short |
| Extended XPL-USD | +0.041% | +0.0104% | 1h | $633K | $823K | 25x | as long as short |
| Gate XPL_USDT | +0.053% | +0.0100% | 4h | $3.0M | $3.8M | 75x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.053% | −0.0056% | 1h | $49K | $17K | 25x | as long as short |
| Binance XPLUSDT | +0.074% | +0.0100% | 4h | $44.9M | $96.5M | 75x | as long as short |
| Pacifica XPL | +0.083% | +0.0100% | 1h | $222K | $15K | 10x | as long as short |
| MEXC XPL_USDT | +0.084% | +0.0100% | 4h | $13.8M | $7.5M | 100x | as long as short |
| HTX XPL-USDT | +0.084% | +0.0100% | 4h | $142K | $253K | 20x | as long as short |
| Aster XPLUSDT | +0.094% | +0.0100% | 4h | $264K | $449K | 20x | as long as short |
| OKX XPL-USDT-SWAP | +0.094% | +0.0100% | 4h | $9.2M | $52.6M | 50x | as long as short |
| ApeX Omni XPLUSDT | +0.104% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| BingX XPL-USDT | +0.135% | +0.0100% | 4h | — | $8.0M | — | as long as short |
| Backpack XPL_USDC_PERP | +0.155% | −0.0632% | 1h | $182K | $289K | 10x | as long as short |
| Hyperliquid XPL | +0.195% | +0.0100% | 1h | $63.4M | $38.4M | 10x | as long as short |
| Bitget XPLUSDT | +0.216% | +0.0100% | 4h | $8.6M | $11.2M | 75x | as long as short |
| Phoenix XPL | +0.492% | +0.0312% | 1h | $201K | $593K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.864% | +0.1450% | 1h | $247K | $567K | 10x | as long as short |
| Bulk XPL-USD | +1.584% | +0.0100% | 1h | $140K | $6K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +3.543% | +0.0840% | 1h | $76K | $135K | 50x | as long as short |