After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.222%7d average+0.021%fees + slippage, in and out−$97spread needed0.971%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPL | 0.09907 | −0.0472 | get 0.0059% / 1h | 51m 38s | $4.5M | $4.2M | 10x |
| Short | HTX XPL-USDT | 0.09929 | 0.0100 | get 0.0050% / 4h | 1h 51m | $143K | $241K | 20x |
Lighter XPL
HTX XPL-USDTPrice 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
- $22.21
- Funding while held
- $17.16
- Slippage, 4 orders
- −$85.15
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$57.78
- Spread needed to break even
- 0.971%
Slippage from Lighter: live order book, 3 min ago; HTX: live order book, 46 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0572%
- Per $10,000 a day
- +$17.16
- 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, 3 min ago | 1.51 bp | 1.5 bp −$2 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell HTX live order book, 46 min ago | 27.09 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
Variational Omni0.09868+30.350%Phoenix0.09887+30.599%Bulk0.09906+30.848%
Reya
Variational Omni
Phoenix
BulkLighter0.09907+30.863%
ApeX Omni0.09910+30.903%SunX0.09910+30.903%BloFin0.09914+30.956%Bybit0.09915+30.969%KuCoin0.09916+30.982%Binance0.09919+31.017%MEXC0.09919+31.022%Bitget0.09919+31.022%BingX0.09919+31.022%Extended0.09920+31.029%Paradex0.09921+31.050%Gate0.09922+31.061%dYdX0.09922+31.063%OKX0.09923+31.075%Pacifica0.09923+31.076%Aster0.09927+31.121%Orderly0.09927+31.128%01 Exchange0.09928+31.141%
ApeX Omni
SunX
BloFin
Bybit
KuCoin
Binance
MEXC
Bitget
BingX
Extended
Paradex
Gate
dYdX
OKX
Pacifica
Aster
OrderlyHTX0.09929+31.154%
gTrade (Gains Network)0.09930+31.167%SoDEX0.09930+31.167%Deribit0.09930+31.167%GMX0.09931+31.174%Backpack0.09931+31.180%Nado0.09932+31.187%Aevo0.09932+31.187%Hyperliquid0.09933+31.203%Polymarket Perps0.09940+31.301%Coinbase International0.09944+31.352%Kraken Futures0.09966+31.638%
gTrade (Gains Network)
SoDEX
Deribit
GMX
Backpack
Nado
Aevo
Hyperliquid
Polymarket Perps
Coinbase International
Kraken FuturesXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −23.584% | 0.0000% | 1h | — | — | — | as long as short |
| Variational Omni XPL | −0.392% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Phoenix XPL | −0.202% | +0.0324% | 1h | $202K | $621K | 10x | as long as short |
| Bulk XPL-USD | −0.012% | +0.0100% | 1h | $141K | $53K | 10x | as long as short |
| Lighter XPLlong | 0.000% | −0.0472% | 1h | $4.5M | $4.2M | 10x | |
| ApeX Omni XPLUSDT | +0.030% | +0.0100% | 1h | $26K | $80K | 50x | as long as short |
| SunX XPL-USDT | +0.030% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| BloFin XPL-USDT | +0.071% | +0.0340% | 4h | $1.9M | $1.2M | 75x | as long as short |
| Bybit XPLUSDT | +0.081% | +0.0100% | 4h | $47.6M | $49.2M | 75x | as long as short |
| KuCoin XPLUSDTM | +0.091% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XPLUSDT | +0.117% | +0.0100% | 4h | $45.2M | $99.4M | 75x | as long as short |
| MEXC XPL_USDT | +0.121% | +0.0100% | 4h | $13.7M | $7.3M | 100x | as long as short |
| Bitget XPLUSDT | +0.121% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| BingX XPL-USDT | +0.121% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USD | +0.127% | +0.0104% | 1h | $633K | $829K | 25x | as long as short |
| Paradex XPL-USD-PERP | +0.142% | +0.0098% | 8h | $13K | $2K | 5x | as long as short |
| Gate XPL_USDT | +0.151% | +0.0100% | 4h | $3.0M | $3.9M | 75x | as long as short |
| dYdX XPL-USD | +0.152% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| OKX XPL-USDT-SWAP | +0.162% | +0.0100% | 4h | $9.3M | $52.5M | 50x | as long as short |
| Pacifica XPL | +0.163% | +0.0100% | 1h | $224K | $14K | 10x | as long as short |
| Aster XPLUSDT | +0.197% | +0.0100% | 4h | $265K | $443K | 20x | as long as short |
| Orderly PERP_XPL_USDC | +0.202% | +0.0033% | 4h | $28K | $333K | 10x | as long as short |
| 01 Exchange XPLUSD | +0.212% | −0.0096% | 1h | $577 | $583 | 5x | as long as short |
| HTX XPL-USDTshort | +0.222% | +0.0100% | 4h | $143K | $241K | 20x | |
| gTrade (Gains Network) XPL/USD | +0.232% | L +0.0005% / S −0.0004% | 1h | $74K | — | 150x | as long as short |
| SoDEX XPL-USD | +0.232% | +0.0100% | 1h | $652 | $9K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.232% | 0.0000% | 1h | $49K | $17K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.237% | L +0.0204% / S +0.0037% | 1h | $139K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | +0.242% | −0.0574% | 1h | $186K | $280K | 10x | as long as short |
| Nado XPL-PERP | +0.247% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Aevo XPL-PERP | +0.247% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Hyperliquid XPL | +0.259% | +0.0130% | 1h | $65.0M | $42.5M | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.334% | +0.0100% | 1h | $126K | $2.8M | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.373% | +0.0848% | 1h | $77K | $116K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.592% | +0.2763% | 1h | $299K | $685K | 10x | as long as short |