After costs, if the gap returns to its 7d average, $10k−$97
spread now−0.048%7d average+0.065%fees + slippage, in and out−$86spread needed0.858%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPLUSDTM | 0.1033 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.9M | $1.3M | 50x |
| Short | Polymarket Perps XPL-USD | 0.1033 | 0.0100 | get 0.0013% / 1h | 33m 05s | $143K | $3.7M | 10x |
KuCoin XPLUSDTM
Polymarket Perps 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
- −$4.84
- Funding while held
- $0
- Slippage, 4 orders
- −$65.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$90.59
- Spread needed to break even
- 0.858%
Slippage from KuCoin: live order book, 10 min ago; Polymarket Perps: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Polymarket Perps live order book, 2 min ago | 2.91 bp | 8.1 bp −$8 | 9.8 bp −$98 | 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%Lighter0.1031+36.232%Aevo0.1032+36.246%Deribit0.1032+36.246%Nado0.1032+36.259%gTrade (Gains Network)0.1032+36.289%BingX0.1032+36.298%GMX0.1032+36.308%MEXC0.1032+36.325%Backpack0.1032+36.325%OKX0.1032+36.351%BloFin0.1032+36.364%Aster0.1033+36.390%Binance0.1033+36.391%Bybit0.1033+36.391%Gate0.1033+36.391%
Reya
Variational Omni
Bulk
ApeX Omni
SunX
Phoenix
HTX
Extended
Orderly
SoDEX
Lighter
Aevo
Deribit
Nado
gTrade (Gains Network)
BingX
GMX
MEXC
Backpack
OKX
BloFin
Aster
Binance
Bybit
GatePolymarket Perps0.1033+36.391%
Bitget0.1033+36.444%
BitgetKuCoin0.1033+36.457%
Paradex0.1034+36.587%Kraken Futures0.1034+36.589%Hyperliquid0.1034+36.602%Pacifica0.1034+36.639%dYdX0.1035+36.711%Coinbase International0.1045+38.042%
Paradex
Kraken Futures
Hyperliquid
Pacifica
dYdX
Coinbase InternationalXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.717% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −0.842% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Bulk XPL-USD | −0.821% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| ApeX Omni XPLUSDT | −0.300% | +0.0100% | 1h | $30K | $84K | 50x | as long as short |
| SunX XPL-USDT | −0.300% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Phoenix XPL | −0.242% | +0.0391% | 1h | $223K | $528K | 10x | as long as short |
| HTX XPL-USDT | −0.242% | +0.0100% | 4h | $152K | $253K | 20x | as long as short |
| Extended XPL-USD | −0.219% | +0.0104% | 1h | $676K | $783K | 25x | as long as short |
| Orderly PERP_XPL_USDC | −0.203% | +0.0039% | 4h | $29K | $331K | 10x | as long as short |
| SoDEX XPL-USD | −0.203% | +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 | |
|---|---|---|---|---|---|---|---|
| Lighter XPL | −0.165% | −0.0848% | 1h | $4.7M | $3.9M | 10x | as long as short |
| Aevo XPL-PERP | −0.155% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.155% | −0.0138% | 1h | $47K | $10K | 25x | as long as short |
| Nado XPL-PERP | −0.145% | +0.0100% | 1h | $1.5M | $2.2M | 10x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.123% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| BingX XPL-USDT | −0.116% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.109% | L −0.0035% / S +0.0449% | 1h | $138K | — | 100x | as long as short |
| MEXC XPL_USDT | −0.097% | +0.0100% | 4h | $14.6M | $6.9M | 100x | as long as short |
| Backpack XPL_USDC_PERP | −0.097% | −0.0073% | 1h | $188K | $277K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.077% | +0.0100% | 4h | $10.1M | $52.7M | 50x | as long as short |
| BloFin XPL-USDT | −0.068% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Aster XPLUSDT | −0.049% | +0.0100% | 4h | $314K | $404K | 20x | as long as short |
| Binance XPLUSDT | −0.048% | +0.0100% | 4h | $48.5M | $88.4M | 75x | as long as short |
| Bybit XPLUSDT | −0.048% | +0.0100% | 4h | $50.9M | $45.0M | 75x | as long as short |
| Gate XPL_USDT | −0.048% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Polymarket Perps XPL-USDshort | −0.048% | +0.0100% | 1h | $143K | $3.7M | 10x | |
| Bitget XPLUSDT | −0.010% | +0.0100% | 4h | $9.3M | $10.4M | 75x | as long as short |
| KuCoin XPLUSDTMlong | 0.000% | +0.0100% | 4h | $2.9M | $1.3M | 50x | |
| Paradex XPL-USD-PERP | +0.095% | +0.0095% | 8h | $12K | $946 | 5x | as long as short |
| Kraken Futures PF_XPLUSD | +0.097% | +0.0508% | 1h | $142K | $408K | 10x | as long as short |
| Hyperliquid XPL | +0.106% | +0.0179% | 1h | $68.9M | $34.8M | 10x | as long as short |
| Pacifica XPL | +0.134% | +0.0100% | 1h | $233K | $18K | 10x | as long as short |
| dYdX XPL-USD | +0.186% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Coinbase International XPL-PERP-INTX | +1.162% | +0.0880% | 1h | $110K | $122K | 50x | as long as short |