Spread before costs (cost unknown: a leg has no order-book sample)+0.041%
7d average−0.049%if it closes, per $10,000$4funding while held, a day+$4.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XPL/USD [WBTC.b-USDC] | 0.1021 | L −0.0038% / S +0.0451% | get 0.0005% / 1h | 50m 01s | $136K | — | 100x |
| Short | HTX XPL-USDT | 0.1022 | 0.0100 | get 0.0050% / 4h | 50m 01s | $150K | $255K | 20x |
GMX XPL/USD [WBTC.b-USDC]
HTX XPL-USDTPrice 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
- $4.11
- Funding while held
- $4.13
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$15.75
- Spread needed to break even
- 0.240%
Slippage unknown: GMX: no order-book sample; HTX: live order book, 63 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0138%
- Per $10,000 a day
- +$4.13
- 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 HTX live order book, 63 min ago | 28.48 bp | 104.3 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
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.Reya0.07571cheapest
SunX0.1020+34.730%Lighter0.1020+34.783%OKX0.1021+34.836%Binance0.1021+34.862%Bybit0.1021+34.862%ApeX Omni0.1021+34.862%Nado0.1021+34.865%
Reya
SunX
Lighter
OKX
Binance
Bybit
ApeX Omni
NadoGMX0.1021+34.873%
Gate0.1021+34.875%KuCoin0.1021+34.875%BingX0.1021+34.888%Extended0.1021+34.911%gTrade (Gains Network)0.1021+34.920%
Gate
KuCoin
BingX
Extended
gTrade (Gains Network)HTX0.1022+34.928%
MEXC0.1022+34.941%Backpack0.1022+34.941%Orderly0.1022+34.941%Deribit0.1022+34.941%01 Exchange0.1022+34.954%Paradex0.1022+34.964%Polymarket Perps0.1022+34.968%dYdX0.1022+34.974%Pacifica0.1022+34.978%Bitget0.1022+34.981%Bulk0.1022+34.994%Aevo0.1022+34.994%SoDEX0.1022+34.994%Aster0.1022+35.035%Variational Omni0.1022+35.037%BloFin0.1023+35.073%Hyperliquid0.1023+35.192%Phoenix0.1024+35.311%Kraken Futures0.1025+35.377%Coinbase International0.1030+36.024%
MEXC
Backpack
Orderly
Deribit
Paradex
Polymarket Perps
dYdX
Pacifica
Bitget
Bulk
Aevo
SoDEX
Aster
Variational Omni
BloFin
Hyperliquid
Phoenix
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 | −25.856% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.106% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −0.067% | −0.0680% | 1h | $4.6M | $4.1M | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.027% | +0.0100% | 4h | $10.0M | $52.8M | 50x | as long as short |
| Binance XPLUSDT | −0.008% | +0.0100% | 4h | $47.9M | $90.8M | 75x | as long as short |
| Bybit XPLUSDT | −0.008% | +0.0100% | 4h | $50.4M | $45.6M | 75x | as long as short |
| ApeX Omni XPLUSDT | −0.008% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Nado XPL-PERP | −0.005% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC]long | 0.000% | L −0.0038% / S +0.0451% | 1h | $136K | — | 100x | |
| Gate XPL_USDT | +0.002% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XPLUSDTM | +0.002% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| BingX XPL-USDT | +0.012% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Extended XPL-USD | +0.028% | +0.0104% | 1h | $667K | $802K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.035% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| HTX XPL-USDTshort | +0.041% | +0.0100% | 4h | $150K | $255K | 20x | |
| MEXC XPL_USDT | +0.051% | +0.0100% | 4h | $14.3M | $7.1M | 100x | as long as short |
| Backpack XPL_USDC_PERP | +0.051% | +0.0100% | 1h | $188K | $284K | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.051% | +0.0041% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.051% | −0.0141% | 1h | $48K | $11K | 25x | as long as short |
| 01 Exchange XPLUSD | +0.061% | −0.0072% | 1h | $594 | $3K | 5x | as long as short |
| Paradex XPL-USD-PERP | +0.068% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| Polymarket Perps XPL-USD | +0.071% | +0.0100% | 1h | $141K | $3.6M | 10x | as long as short |
| dYdX XPL-USD | +0.075% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Pacifica XPL | +0.078% | +0.0100% | 1h | $230K | $19K | 10x | as long as short |
| Bitget XPLUSDT | +0.080% | +0.0100% | 4h | $9.1M | $10.6M | 75x | as long as short |
| Bulk XPL-USD | +0.090% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |
| Aevo XPL-PERP | +0.090% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| SoDEX XPL-USD | +0.090% | +0.0100% | 1h | $208 | $9K | 10x | as long as short |
| Aster XPLUSDT | +0.120% | +0.0100% | 4h | $276K | $441K | 20x | as long as short |
| Variational Omni XPL | +0.122% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| BloFin XPL-USDT | +0.149% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Hyperliquid XPL | +0.237% | +0.0365% | 1h | $68.3M | $35.1M | 10x | as long as short |
| Phoenix XPL | +0.325% | +0.0312% | 1h | $209K | $596K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.374% | +0.1603% | 1h | $148K | $426K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.854% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |