After costs, if the gap returns to its 7d average, $10k−$66
spread now−0.183%7d average+0.024%fees + slippage, in and out−$45spread needed0.449%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPL | 0.1022 | −0.0752 | get 0.0094% / 1h | 55m 27s | $4.6M | $4.1M | 10x |
| Short | Binance XPLUSDT | 0.1020 | 0.0100 | get 0.0050% / 4h | 55m 27s | $47.9M | $90.7M | 75x |
Lighter 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
- −$18.34
- Funding while held
- $25.56
- Slippage, 4 orders
- −$34.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.64
- Spread needed to break even
- 0.449%
Slippage from Lighter: live order book, 4 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0852%
- Per $10,000 a day
- +$25.56
- 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, 4 min ago | 3.93 bp | 7.8 bp −$8 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.98 bp | 13.5 bp −$13 | 25.7 bp −$257 | 120.7 bp −$12.1K | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
HTX0.1018+34.492%Bybit0.1020+34.716%OKX0.1020+34.782%BloFin0.1020+34.782%
Reya
HTX
Bybit
OKX
BloFinBinance0.1020+34.785%
Extended0.1021+34.821%Gate0.1021+34.822%BingX0.1021+34.822%Bitget0.1021+34.835%ApeX Omni0.1021+34.861%01 Exchange0.1021+34.875%MEXC0.1021+34.888%Nado0.1021+34.888%Polymarket Perps0.1021+34.914%dYdX0.1022+34.956%Phoenix0.1022+34.967%Bulk0.1022+34.993%
Extended
Gate
BingX
Bitget
ApeX Omni
MEXC
Nado
Polymarket Perps
dYdX
Phoenix
BulkLighter0.1022+35.033%
Pacifica0.1023+35.141%Variational Omni0.1023+35.190%Paradex0.1024+35.230%KuCoin0.1024+35.244%Aster0.1025+35.338%SunX0.1025+35.390%Aevo0.1026+35.522%SoDEX0.1026+35.522%Coinbase International0.1026+35.522%Orderly0.1026+35.561%GMX0.1027+35.604%gTrade (Gains Network)0.1027+35.608%Hyperliquid0.1027+35.614%Deribit0.1027+35.614%Backpack0.1027+35.707%Kraken Futures0.1028+35.846%
Pacifica
Variational Omni
Paradex
KuCoin
Aster
SunX
Aevo
SoDEX
Coinbase International
Orderly
GMX
gTrade (Gains Network)
Hyperliquid
Deribit
Backpack
Kraken FuturesXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −25.944% | 0.0000% | 1h | — | — | — | as long as short |
| HTX XPL-USDT | −0.401% | +0.0100% | 4h | $150K | $255K | 20x | as long as short |
| Bybit XPLUSDT | −0.235% | +0.0100% | 4h | $50.3M | $45.7M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.186% | +0.0100% | 4h | $10.0M | $52.8M | 50x | as long as short |
| BloFin XPL-USDT | −0.186% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Binance XPLUSDTshort | −0.183% | +0.0100% | 4h | $47.9M | $90.7M | 75x | |
| Extended XPL-USD | −0.157% | +0.0104% | 1h | $667K | $809K | 25x | as long as short |
| Gate XPL_USDT | −0.157% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| BingX XPL-USDT | −0.157% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Bitget XPLUSDT | −0.147% | +0.0100% | 4h | $9.1M | $10.5M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni XPLUSDT | −0.127% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| 01 Exchange XPLUSD | −0.117% | −0.0112% | 1h | $594 | $3K | 5x | as long as short |
| MEXC XPL_USDT | −0.108% | +0.0100% | 4h | $14.3M | $7.0M | 100x | as long as short |
| Nado XPL-PERP | −0.108% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Polymarket Perps XPL-USD | −0.088% | +0.0100% | 1h | $141K | $3.6M | 10x | as long as short |
| dYdX XPL-USD | −0.057% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Phoenix XPL | −0.049% | +0.0391% | 1h | $209K | $528K | 10x | as long as short |
| Bulk XPL-USD | −0.029% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |
| Lighter XPLlong | 0.000% | −0.0752% | 1h | $4.6M | $4.1M | 10x | |
| Pacifica XPL | +0.080% | +0.0100% | 1h | $231K | $19K | 10x | as long as short |
| Variational Omni XPL | +0.117% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| Paradex XPL-USD-PERP | +0.146% | +0.0091% | 8h | $13K | $1K | 5x | as long as short |
| KuCoin XPLUSDTM | +0.157% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Aster XPLUSDT | +0.225% | +0.0100% | 4h | $277K | $440K | 20x | as long as short |
| SunX XPL-USDT | +0.264% | +0.0100% | 4h | $2K | $1.8M | 20x | as long as short |
| Aevo XPL-PERP | +0.362% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| SoDEX XPL-USD | +0.362% | +0.0100% | 1h | $211 | $9K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.362% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |
| Orderly PERP_XPL_USDC | +0.391% | +0.0035% | 4h | $28K | $331K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.423% | L −0.0037% / S +0.0451% | 1h | $137K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.426% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Hyperliquid XPL | +0.430% | +0.0315% | 1h | $68.6M | $35.2M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.430% | 0.0000% | 1h | $48K | $11K | 25x | as long as short |
| Backpack XPL_USDC_PERP | +0.499% | +0.0100% | 1h | $188K | $281K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.602% | +0.1597% | 1h | $145K | $421K | 10x | as long as short |