After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.293%7d average+0.048%fees + slippage, in and out−$48spread needed0.478%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPL | 0.1026 | −0.0184 | get 0.0023% / 1h | 38m 55s | $4.6M | $3.4M | 10x |
| Short | Bitget XPLUSDT | 0.1028 | 0.0100 | get 0.0050% / 4h | 2h 38m | $9.3M | $9.6M | 75x |
Lighter XPL
Bitget 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
- $29.25
- Funding while held
- $8.52
- Slippage, 4 orders
- −$35.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$10.04
- Spread needed to break even
- 0.478%
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0284%
- Per $10,000 a day
- +$8.52
- 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 | 2.94 bp | 2.9 bp −$3 | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.88 bp | 17.2 bp −$17 | 44.2 bp −$442 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
Bulk0.1015+34.120%Variational Omni0.1023+35.080%dYdX0.1024+35.201%SunX0.1024+35.260%HTX0.1024+35.260%Paradex0.1024+35.278%Pacifica0.1025+35.374%
Reya
Bulk
Variational Omni
dYdX
SunX
HTX
Paradex
PacificaLighter0.1026+35.458%
Orderly0.1026+35.498%ApeX Omni0.1026+35.524%SoDEX0.1026+35.524%Nado0.1026+35.527%Deribit0.1026+35.577%BloFin0.1026+35.577%Aevo0.1027+35.590%GMX0.1027+35.592%gTrade (Gains Network)0.1027+35.609%Aster0.1027+35.617%KuCoin0.1027+35.630%01 Exchange0.1027+35.643%Gate0.1027+35.643%Kraken Futures0.1027+35.680%Bybit0.1027+35.683%Backpack0.1027+35.696%BingX0.1027+35.709%Extended0.1028+35.745%Binance0.1028+35.749%MEXC0.1028+35.749%Polymarket Perps0.1028+35.749%OKX0.1028+35.762%
Orderly
ApeX Omni
SoDEX
Nado
Deribit
BloFin
Aevo
GMX
gTrade (Gains Network)
Aster
KuCoin
Gate
Kraken Futures
Bybit
Backpack
BingX
Extended
Binance
MEXC
Polymarket Perps
OKXBitget0.1028+35.854%
Phoenix0.1029+35.894%Coinbase International0.1029+35.973%Hyperliquid0.1030+36.053%
Phoenix
Coinbase International
HyperliquidXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.176% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.988% | +0.0100% | 1h | $142K | $35K | 10x | as long as short |
| Variational Omni XPL | −0.279% | +0.0100% | 4h | $1.9M | $1.3M | — | as long as short |
| dYdX XPL-USD | −0.190% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| SunX XPL-USDT | −0.146% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| HTX XPL-USDT | −0.146% | +0.0100% | 4h | $152K | $249K | 20x | as long as short |
| Paradex XPL-USD-PERP | −0.133% | +0.0093% | 8h | $12K | $946 | 5x | as long as short |
| Pacifica XPL | −0.062% | +0.0100% | 1h | $231K | $18K | 10x | as long as short |
| Lighter XPLlong | 0.000% | −0.0184% | 1h | $4.6M | $3.4M | 10x | |
| Orderly PERP_XPL_USDC | +0.029% | +0.0060% | 4h | $28K | $331K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni XPLUSDT | +0.049% | +0.0100% | 1h | $32K | $84K | 50x | as long as short |
| SoDEX XPL-USD | +0.049% | +0.0100% | 1h | $191 | $9K | 10x | as long as short |
| Nado XPL-PERP | +0.051% | +0.0100% | 1h | $1.5M | $2.1M | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.088% | 0.0000% | 1h | $45K | $8K | 25x | as long as short |
| BloFin XPL-USDT | +0.088% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Aevo XPL-PERP | +0.098% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.098% | L −0.0030% / S +0.0443% | 1h | $137K | — | 100x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.111% | L +0.0005% / S −0.0004% | 1h | $55K | — | 150x | as long as short |
| Aster XPLUSDT | +0.118% | +0.0100% | 4h | $313K | $391K | 20x | as long as short |
| KuCoin XPLUSDTM | +0.127% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| 01 Exchange XPLUSD | +0.137% | −0.0040% | 1h | $597 | $3K | 5x | as long as short |
| Gate XPL_USDT | +0.137% | +0.0100% | 4h | $3.3M | $3.5M | 75x | as long as short |
| Kraken Futures PF_XPLUSD | +0.164% | +0.1152% | 1h | $120K | $357K | 10x | as long as short |
| Bybit XPLUSDT | +0.166% | +0.0100% | 4h | $49.7M | $42.4M | 75x | as long as short |
| Backpack XPL_USDC_PERP | +0.176% | −0.0474% | 1h | $187K | $275K | 10x | as long as short |
| BingX XPL-USDT | +0.185% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USD | +0.212% | +0.0104% | 1h | $680K | $619K | 25x | as long as short |
| Binance XPLUSDT | +0.215% | +0.0100% | 4h | $48.5M | $85.4M | 75x | as long as short |
| MEXC XPL_USDT | +0.215% | +0.0100% | 4h | $14.5M | $6.5M | 100x | as long as short |
| Polymarket Perps XPL-USD | +0.215% | +0.0100% | 1h | $143K | $3.8M | 10x | as long as short |
| OKX XPL-USDT-SWAP | +0.224% | +0.0100% | 4h | $10.1M | $51.0M | 50x | as long as short |
| Bitget XPLUSDTshort | +0.293% | +0.0100% | 4h | $9.3M | $9.6M | 75x | |
| Phoenix XPL | +0.322% | +0.0385% | 1h | $223K | $479K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.380% | +0.0872% | 1h | $113K | $138K | 50x | as long as short |
| Hyperliquid XPL | +0.439% | +0.0468% | 1h | $69.4M | $31.4M | 10x | as long as short |