After costs, if the gap returns to its 7d average, $10k−$161
spread now+0.019%7d average+0.037%fees + slippage, in and out−$160spread needed1.596%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XPL-USDT | 0.1034 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $152K | $254K | 20x |
| Short | Backpack XPL_USDC_PERP | 0.1034 | 0.0055 | get 0.0007% / 1h | 7m 18s | $189K | $282K | 10x |
HTX XPL-USDT
Backpack XPL_USDC_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
- $1.93
- Funding while held
- −$1.36
- Slippage, 4 orders
- −$137.58
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$159.01
- Spread needed to break even
- 1.596%
Slippage from HTX: live order book, 46 min ago; Backpack: live order book, 48 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0045%
- Per $10,000 a day
- −$1.36
- 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 HTX live order book, 46 min ago | 28.48 bp | 34.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 48 min ago | 0.49 bp | 8.2 bp −$8 | 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+35.384%SunX0.1029+35.916%Variational Omni0.1029+35.973%ApeX Omni0.1030+36.048%Lighter0.1030+36.062%OKX0.1030+36.088%BingX0.1030+36.088%Extended0.1030+36.106%Orderly0.1031+36.114%Bybit0.1031+36.128%Gate0.1031+36.128%Deribit0.1031+36.128%Binance0.1031+36.154%Bitget0.1031+36.154%Aevo0.1031+36.166%KuCoin0.1031+36.167%BloFin0.1031+36.167%GMX0.1031+36.178%gTrade (Gains Network)0.1031+36.199%MEXC0.1031+36.207%Paradex0.1031+36.214%Nado0.1032+36.253%Pacifica0.1032+36.348%Aster0.1032+36.350%Polymarket Perps0.1032+36.365%dYdX0.1033+36.384%Hyperliquid0.1034+36.524%Phoenix0.1034+36.537%
Reya
Bulk
SunX
Variational Omni
ApeX Omni
Lighter
OKX
BingX
Extended
Orderly
Bybit
Gate
Deribit
Binance
Bitget
Aevo
KuCoin
BloFin
GMX
gTrade (Gains Network)
MEXC
Paradex
Nado
Pacifica
Aster
Polymarket Perps
dYdX
Hyperliquid
PhoenixHTX0.1034+36.550%
Backpack0.1034+36.577%
SoDEX0.1034+36.577%Kraken Futures0.1034+36.618%Coinbase International0.1036+36.894%
SoDEX
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 | −26.767% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.854% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| SunX XPL-USDT | −0.464% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Variational Omni XPL | −0.423% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| ApeX Omni XPLUSDT | −0.368% | +0.0100% | 1h | $30K | $86K | 50x | as long as short |
| Lighter XPL | −0.358% | −0.1016% | 1h | $4.7M | $4.1M | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.339% | +0.0100% | 4h | $10.1M | $53.1M | 50x | as long as short |
| BingX XPL-USDT | −0.339% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Extended XPL-USD | −0.325% | +0.0104% | 1h | $674K | $804K | 25x | as long as short |
| Orderly PERP_XPL_USDC | −0.319% | +0.0033% | 4h | $29K | $331K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XPLUSDT | −0.310% | +0.0100% | 4h | $50.9M | $45.6M | 75x | as long as short |
| Gate XPL_USDT | −0.310% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.310% | −0.0235% | 1h | $47K | $10K | 25x | as long as short |
| Binance XPLUSDT | −0.290% | +0.0100% | 4h | $48.3M | $90.2M | 75x | as long as short |
| Bitget XPLUSDT | −0.290% | +0.0100% | 4h | $9.2M | $10.5M | 75x | as long as short |
| Aevo XPL-PERP | −0.281% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| KuCoin XPLUSDTM | −0.281% | +0.0100% | 4h | $2.9M | $1.3M | 50x | as long as short |
| BloFin XPL-USDT | −0.281% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.273% | L −0.0036% / S +0.0450% | 1h | $138K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.257% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| MEXC XPL_USDT | −0.251% | +0.0100% | 4h | $14.5M | $7.1M | 100x | as long as short |
| Paradex XPL-USD-PERP | −0.246% | +0.0088% | 8h | $12K | $946 | 5x | as long as short |
| Nado XPL-PERP | −0.218% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Pacifica XPL | −0.148% | +0.0100% | 1h | $233K | $19K | 10x | as long as short |
| Aster XPLUSDT | −0.146% | +0.0100% | 4h | $279K | $440K | 20x | as long as short |
| Polymarket Perps XPL-USD | −0.135% | +0.0100% | 1h | $142K | $3.6M | 10x | as long as short |
| dYdX XPL-USD | −0.122% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Hyperliquid XPL | −0.019% | +0.0201% | 1h | $69.1M | $35.0M | 10x | as long as short |
| Phoenix XPL | −0.010% | +0.0391% | 1h | $211K | $528K | 10x | as long as short |
| HTX XPL-USDTlong | 0.000% | +0.0100% | 4h | $152K | $254K | 20x | |
| Backpack XPL_USDC_PERPshort | +0.019% | +0.0055% | 1h | $189K | $282K | 10x | |
| SoDEX XPL-USD | +0.019% | +0.0100% | 1h | $212 | $9K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.050% | +0.0508% | 1h | $144K | $418K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.251% | +0.0880% | 1h | $109K | $121K | 50x | as long as short |