After costs, if the gap returns to its 7d average, $10k−$103
spread now+1.279%7d average+0.640%fees + slippage, in and out−$167spread needed1.666%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPLUSDTM | 0.1032 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.9M | $1.3M | 50x |
| Short | Coinbase International XPL-PERP-INTX | 0.1045 | 0.0880 | get 0.0110% / 1h | 33m 09s | $110K | $122K | 50x |
KuCoin XPLUSDTM
Coinbase International XPL-PERP-INTXPrice 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
- $127.92
- Funding while held
- $23.4
- Slippage, 4 orders
- −$144.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.28
- Spread needed to break even
- 1.666%
Slippage from KuCoin: live order book, 10 min ago; Coinbase International: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0780%
- Per $10,000 a day
- +$23.40
- 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 KuCoin live order book, 10 min ago | 11.74 bp | 35.2 bp −$35 | 107.1 bp −$1,071 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 21 min ago | 27.27 bp | 60.6 bp −$61 | 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
Variational Omni0.1024+35.308%Bulk0.1025+35.336%ApeX Omni0.1030+36.047%SunX0.1030+36.047%Phoenix0.1031+36.127%HTX0.1031+36.127%Extended0.1031+36.158%Orderly0.1031+36.179%SoDEX0.1031+36.179%BingX0.1031+36.206%Lighter0.1031+36.232%Gate0.1031+36.232%Aevo0.1032+36.246%Deribit0.1032+36.246%Nado0.1032+36.259%gTrade (Gains Network)0.1032+36.289%
Reya
Variational Omni
Bulk
ApeX Omni
SunX
Phoenix
HTX
Extended
Orderly
SoDEX
BingX
Lighter
Gate
Aevo
Deribit
Nado
gTrade (Gains Network)KuCoin0.1032+36.298%
GMX0.1032+36.308%OKX0.1032+36.325%MEXC0.1032+36.325%Bitget0.1032+36.338%BloFin0.1032+36.364%Bybit0.1033+36.391%Polymarket Perps0.1033+36.391%Aster0.1033+36.404%Binance0.1033+36.430%Hyperliquid0.1033+36.436%Paradex0.1034+36.587%Kraken Futures0.1034+36.589%Pacifica0.1034+36.639%dYdX0.1035+36.711%Backpack0.1037+36.946%
GMX
OKX
MEXC
Bitget
BloFin
Bybit
Polymarket Perps
Aster
Binance
Hyperliquid
Paradex
Kraken Futures
Pacifica
dYdX
BackpackCoinbase International0.1045+38.042%
XPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.632% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −0.727% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Bulk XPL-USD | −0.706% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.184% | +0.0100% | 1h | $30K | $84K | 50x | as long as short |
| SunX XPL-USDT | −0.184% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Phoenix XPL | −0.126% | +0.0391% | 1h | $223K | $528K | 10x | as long as short |
| HTX XPL-USDT | −0.126% | +0.0100% | 4h | $152K | $253K | 20x | as long as short |
| Extended XPL-USD | −0.103% | +0.0104% | 1h | $676K | $783K | 25x | as long as short |
| Orderly PERP_XPL_USDC | −0.087% | +0.0039% | 4h | $29K | $331K | 10x | as long as short |
| SoDEX XPL-USD | −0.087% | +0.0100% | 1h | $310 | $9K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XPL-USDT | −0.068% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Lighter XPL | −0.048% | −0.0848% | 1h | $4.7M | $3.9M | 10x | as long as short |
| Gate XPL_USDT | −0.048% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Aevo XPL-PERP | −0.039% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.039% | −0.0138% | 1h | $47K | $10K | 25x | as long as short |
| Nado XPL-PERP | −0.029% | +0.0100% | 1h | $1.5M | $2.2M | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.007% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| KuCoin XPLUSDTMlong | 0.000% | +0.0100% | 4h | $2.9M | $1.3M | 50x | |
| GMX XPL/USD [WBTC.b-USDC] | +0.007% | L −0.0035% / S +0.0449% | 1h | $138K | — | 100x | as long as short |
| OKX XPL-USDT-SWAP | +0.019% | +0.0100% | 4h | $10.1M | $52.7M | 50x | as long as short |
| MEXC XPL_USDT | +0.019% | +0.0100% | 4h | $14.6M | $6.9M | 100x | as long as short |
| Bitget XPLUSDT | +0.029% | +0.0100% | 4h | $9.3M | $10.4M | 75x | as long as short |
| BloFin XPL-USDT | +0.048% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Bybit XPLUSDT | +0.068% | +0.0100% | 4h | $50.9M | $45.0M | 75x | as long as short |
| Polymarket Perps XPL-USD | +0.068% | +0.0100% | 1h | $143K | $3.7M | 10x | as long as short |
| Aster XPLUSDT | +0.077% | +0.0100% | 4h | $314K | $404K | 20x | as long as short |
| Binance XPLUSDT | +0.097% | +0.0100% | 4h | $48.6M | $88.4M | 75x | as long as short |
| Hyperliquid XPL | +0.101% | +0.0179% | 1h | $68.9M | $34.8M | 10x | as long as short |
| Paradex XPL-USD-PERP | +0.212% | +0.0095% | 8h | $12K | $946 | 5x | as long as short |
| Kraken Futures PF_XPLUSD | +0.213% | +0.0508% | 1h | $142K | $408K | 10x | as long as short |
| Pacifica XPL | +0.250% | +0.0100% | 1h | $233K | $18K | 10x | as long as short |
| dYdX XPL-USD | +0.302% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Backpack XPL_USDC_PERP | +0.475% | −0.0078% | 1h | $189K | $277K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +1.279% | +0.0880% | 1h | $110K | $122K | 50x |