After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.126%7d average−0.092%fees + slippage, in and out−$44spread needed0.443%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XPL | 0.1036 | 0.0197 | pay 0.0025% / 1h | 8m 52s | $69.2M | $35.0M | 10x |
| Short | Binance XPLUSDT | 0.1034 | 0.0100 | get 0.0050% / 4h | 1h 08m | $48.4M | $90.0M | 75x |
Hyperliquid XPL
Binance XPLUSDTPrice 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
- −$12.55
- Funding while held
- −$2.9
- Slippage, 4 orders
- −$25.26
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.71
- Spread needed to break even
- 0.443%
Slippage from Hyperliquid: live order book, 6 min ago; Binance: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0097%
- Per $10,000 a day
- −$2.90
- 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 Hyperliquid live order book, 6 min ago | 1.46 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.49 bp | 11.8 bp −$12 | 25.2 bp −$252 | 117.2 bp −$11.7K | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.1025+35.384%SunX0.1028+35.784%Phoenix0.1029+35.864%dYdX0.1029+35.877%Variational Omni0.1029+35.973%HTX0.1029+35.982%Paradex0.1030+35.983%Pacifica0.1030+36.021%ApeX Omni0.1030+36.048%BloFin0.1031+36.167%Orderly0.1031+36.181%Nado0.1031+36.210%Lighter0.1031+36.233%gTrade (Gains Network)0.1032+36.313%Coinbase International0.1032+36.313%GMX0.1032+36.368%Polymarket Perps0.1032+36.379%Deribit0.1033+36.431%SoDEX0.1033+36.445%Extended0.1033+36.463%Aevo0.1033+36.463%MEXC0.1033+36.484%KuCoin0.1034+36.524%Bitget0.1034+36.537%Aster0.1034+36.558%Backpack0.1034+36.564%Gate0.1034+36.603%
Reya
Bulk
SunX
Phoenix
dYdX
Variational Omni
HTX
Paradex
Pacifica
ApeX Omni
BloFin
Orderly
Nado
Lighter
gTrade (Gains Network)
Coinbase International
GMX
Polymarket Perps
Deribit
SoDEX
Extended
Aevo
MEXC
KuCoin
Bitget
Aster
Backpack
GateBinance0.1034+36.616%
BingX0.1034+36.616%Kraken Futures0.1034+36.634%Bybit0.1035+36.656%OKX0.1035+36.682%
BingX
Kraken Futures
Bybit
OKXHyperliquid0.1036+36.788%
XPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.894% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −1.026% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| SunX XPL-USDT | −0.734% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Phoenix XPL | −0.676% | +0.0391% | 1h | $210K | $528K | 10x | as long as short |
| dYdX XPL-USD | −0.666% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Variational Omni XPL | −0.596% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| HTX XPL-USDT | −0.589% | +0.0100% | 4h | $151K | $254K | 20x | as long as short |
| Paradex XPL-USD-PERP | −0.589% | +0.0088% | 8h | $12K | $946 | 5x | as long as short |
| Pacifica XPL | −0.561% | +0.0100% | 1h | $232K | $19K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.541% | +0.0100% | 1h | $30K | $86K | 50x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin XPL-USDT | −0.454% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Orderly PERP_XPL_USDC | −0.444% | +0.0032% | 4h | $29K | $331K | 10x | as long as short |
| Nado XPL-PERP | −0.422% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Lighter XPL | −0.406% | −0.1024% | 1h | $4.7M | $4.1M | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.348% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| Coinbase International XPL-PERP-INTX | −0.348% | +0.0880% | 1h | $109K | $121K | 50x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.307% | L −0.0036% / S +0.0450% | 1h | $137K | — | 100x | as long as short |
| Polymarket Perps XPL-USD | −0.299% | +0.0100% | 1h | $142K | $3.6M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.261% | 0.0000% | 1h | $48K | $10K | 25x | as long as short |
| SoDEX XPL-USD | −0.251% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| Extended XPL-USD | −0.238% | +0.0104% | 1h | $675K | $803K | 25x | as long as short |
| Aevo XPL-PERP | −0.238% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| MEXC XPL_USDT | −0.222% | +0.0100% | 4h | $14.5M | $7.1M | 100x | as long as short |
| KuCoin XPLUSDTM | −0.193% | +0.0100% | 4h | $2.9M | $1.3M | 50x | as long as short |
| Bitget XPLUSDT | −0.183% | +0.0100% | 4h | $9.3M | $10.5M | 75x | as long as short |
| Aster XPLUSDT | −0.168% | +0.0100% | 4h | $279K | $440K | 20x | as long as short |
| Backpack XPL_USDC_PERP | −0.164% | +0.0038% | 1h | $189K | $282K | 10x | as long as short |
| Gate XPL_USDT | −0.135% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Binance XPLUSDTshort | −0.126% | +0.0100% | 4h | $48.4M | $90.0M | 75x | |
| BingX XPL-USDT | −0.126% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Kraken Futures PF_XPLUSD | −0.113% | +0.0508% | 1h | $144K | $418K | 10x | as long as short |
| Bybit XPLUSDT | −0.097% | +0.0100% | 4h | $51.1M | $45.6M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.077% | +0.0100% | 4h | $10.1M | $53.2M | 50x | as long as short |
| Hyperliquid XPLlong | 0.000% | +0.0197% | 1h | $69.2M | $35.0M | 10x |