Spread before costs (cost unknown: a leg has no order-book sample)−0.007%
7d average—if it closes, per $10,000$1funding while held, a day+$36.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPL | 0.1008 | −0.1112 | get 0.0139% / 1h | 48m 38s | $4.6M | $3.8M | 10x |
| Short | Aevo XPL-PERP | 0.1008 | 0.0104 | get 0.0013% / 1h | 48m 38s | $39K | $5K | 3x |
Lighter XPL
Aevo XPL-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
- −$0.69
- Funding while held
- $36.48
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $19.79
- Spread needed to break even
- 0.160%
Slippage unknown: Lighter: live order book, 6 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1216%
- Per $10,000 a day
- +$36.48
- 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 Lighter live order book, 6 min ago | 3.97 bp | 10.6 bp −$11 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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
HTX0.1006+32.878%ApeX Omni0.1007+33.010%SunX0.1007+33.010%
Reya
HTX
ApeX Omni
SunXAevo0.1008+33.119%
Lighter0.1008+33.129%
SoDEX0.1008+33.142%Backpack0.1008+33.181%BloFin0.1008+33.181%Orderly0.1008+33.208%Nado0.1009+33.221%Deribit0.1009+33.221%gTrade (Gains Network)0.1009+33.250%GMX0.1009+33.267%Variational Omni0.1009+33.286%Aster0.1009+33.297%Polymarket Perps0.1009+33.300%KuCoin0.1009+33.327%Kraken Futures0.1010+33.392%dYdX0.1010+33.396%Hyperliquid0.1010+33.406%Gate0.1010+33.406%Paradex0.1010+33.416%MEXC0.1010+33.432%Pacifica0.1010+33.438%Phoenix0.1010+33.446%Extended0.1011+33.479%BingX0.1011+33.538%Bitget0.1011+33.578%Binance0.1013+33.736%Bybit0.1013+33.802%OKX0.1013+33.842%Coinbase International0.1015+34.106%Bulk0.1020+34.685%
SoDEX
Backpack
BloFin
Orderly
Nado
Deribit
gTrade (Gains Network)
GMX
Variational Omni
Aster
Polymarket Perps
KuCoin
Kraken Futures
dYdX
Hyperliquid
Gate
Paradex
MEXC
Pacifica
Phoenix
Extended
BingX
Bitget
Binance
Bybit
OKX
Coinbase International
BulkXPL on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.885% | 0.0000% | 1h | — | — | — | as long as short |
| HTX XPL-USDT | −0.189% | +0.0100% | 4h | $149K | $251K | 20x | as long as short |
| ApeX Omni XPLUSDT | −0.089% | +0.0100% | 1h | $31K | $83K | 50x | as long as short |
| SunX XPL-USDT | −0.089% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Aevo XPL-PERPshort | −0.007% | +0.0104% | 1h | $39K | $5K | 3x | |
| Lighter XPLlong | 0.000% | −0.1112% | 1h | $4.6M | $3.8M | 10x | |
| SoDEX XPL-USD | +0.010% | +0.0100% | 1h | $303 | $9K | 10x | as long as short |
| Backpack XPL_USDC_PERP | +0.040% | −0.0725% | 1h | $184K | $274K | 10x | as long as short |
| BloFin XPL-USDT | +0.040% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Orderly PERP_XPL_USDC | +0.060% | +0.0046% | 4h | $28K | $331K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado XPL-PERP | +0.069% | +0.0100% | 1h | $1.4M | $2.2M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.069% | −0.0245% | 1h | $46K | $10K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.091% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.104% | L −0.0033% / S +0.0447% | 1h | $134K | — | 100x | as long as short |
| Variational Omni XPL | +0.118% | +0.0100% | 4h | $1.8M | $1.4M | — | as long as short |
| Aster XPLUSDT | +0.126% | +0.0100% | 4h | $308K | $400K | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.129% | +0.0100% | 1h | $137K | $3.6M | 10x | as long as short |
| KuCoin XPLUSDTM | +0.149% | +0.0100% | 4h | $2.7M | $1.3M | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.198% | +0.0520% | 1h | $138K | $383K | 10x | as long as short |
| dYdX XPL-USD | +0.201% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Hyperliquid XPL | +0.208% | +0.0100% | 1h | $67.3M | $33.6M | 10x | as long as short |
| Gate XPL_USDT | +0.208% | +0.0100% | 4h | $3.2M | $3.7M | 75x | as long as short |
| Paradex XPL-USD-PERP | +0.216% | +0.0094% | 8h | $12K | $946 | 5x | as long as short |
| MEXC XPL_USDT | +0.228% | +0.0100% | 4h | $14.2M | $6.8M | 100x | as long as short |
| Pacifica XPL | +0.232% | +0.0100% | 1h | $228K | $18K | 10x | as long as short |
| Phoenix XPL | +0.238% | +0.0391% | 1h | $219K | $528K | 10x | as long as short |
| Extended XPL-USD | +0.263% | +0.0104% | 1h | $646K | $752K | 25x | as long as short |
| BingX XPL-USDT | +0.308% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Bitget XPLUSDT | +0.337% | +0.0100% | 4h | $9.1M | $10.0M | 75x | as long as short |
| Binance XPLUSDT | +0.456% | +0.0100% | 4h | $47.6M | $87.0M | 75x | as long as short |
| Bybit XPLUSDT | +0.506% | +0.0100% | 4h | $49.5M | $43.8M | 75x | as long as short |
| OKX XPL-USDT-SWAP | +0.536% | +0.0100% | 4h | $9.9M | $50.8M | 50x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.734% | +0.0880% | 1h | $107K | $121K | 50x | as long as short |
| Bulk XPL-USD | +1.169% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |