After costs, if the gap returns to its 7d average, $10k−$49
spread now+0.483%7d average+0.044%fees + slippage, in and out−$93spread needed0.934%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPL | 0.09938 | −0.0832 | get 0.0104% / 1h | 37m 17s | $4.5M | $4.1M | 10x |
| Short | KuCoin XPLUSDTM | 0.09986 | 0.0100 | get 0.0050% / 4h | 37m 17s | $2.8M | $1.3M | 50x |
Lighter XPL
KuCoin XPLUSDTMPrice 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
- $48.3
- Funding while held
- $27.96
- Slippage, 4 orders
- −$81.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$17.13
- Spread needed to break even
- 0.934%
Slippage from Lighter: live order book, 7 min ago; KuCoin: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0932%
- Per $10,000 a day
- +$27.96
- 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, 7 min ago | 3.47 bp | 6.4 bp −$6 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 9.94 bp | 40.4 bp −$40 | 161.3 bp −$1,613 | doesn't fit | doesn't fit |
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07570cheapest
ReyaLighter0.09938+31.283%
Paradex0.09949+31.426%dYdX0.09952+31.462%Pacifica0.09954+31.497%Aster0.09958+31.544%01 Exchange0.09959+31.560%SunX0.09970+31.705%Nado0.09977+31.795%Backpack0.09978+31.811%Polymarket Perps0.09984+31.885%
Paradex
dYdX
Pacifica
Aster
SunX
Nado
Backpack
Polymarket PerpsKuCoin0.09986+31.917%
Aevo0.09987+31.925%HTX0.09987+31.930%BingX0.09989+31.956%Orderly0.09989+31.956%Gate0.09990+31.970%MEXC0.09990+31.970%SoDEX0.09990+31.970%Binance0.09990+31.974%Extended0.09991+31.979%OKX0.09991+31.983%Deribit0.09991+31.983%Bybit0.09992+31.996%Bitget0.09997+32.062%gTrade (Gains Network)0.09999+32.083%GMX0.1000+32.103%Hyperliquid0.1000+32.141%BloFin0.1001+32.181%ApeX Omni0.1001+32.234%Phoenix0.1002+32.313%Kraken Futures0.1002+32.335%Variational Omni0.1003+32.439%Bulk0.1014+33.932%Coinbase International0.1030+36.038%
Aevo
HTX
BingX
Orderly
Gate
MEXC
SoDEX
Binance
Extended
OKX
Deribit
Bybit
Bitget
gTrade (Gains Network)
GMX
Hyperliquid
BloFin
ApeX Omni
Phoenix
Kraken Futures
Variational Omni
Bulk
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −23.828% | 0.0000% | 1h | — | — | — | as long as short |
| Lighter XPLlong | 0.000% | −0.0832% | 1h | $4.5M | $4.1M | 10x | |
| Paradex XPL-USD-PERP | +0.109% | +0.0091% | 8h | $13K | $1K | 5x | as long as short |
| dYdX XPL-USD | +0.137% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Pacifica XPL | +0.163% | +0.0100% | 1h | $225K | $20K | 10x | as long as short |
| Aster XPLUSDT | +0.199% | +0.0100% | 4h | $269K | $445K | 20x | as long as short |
| 01 Exchange XPLUSD | +0.211% | −0.0208% | 1h | $579 | $3K | 5x | as long as short |
| SunX XPL-USDT | +0.322% | +0.0100% | 4h | $2K | $1.8M | 20x | as long as short |
| Nado XPL-PERP | +0.390% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Backpack XPL_USDC_PERP | +0.402% | −0.0165% | 1h | $182K | $289K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps XPL-USD | +0.459% | +0.0100% | 1h | $138K | $3.5M | 10x | as long as short |
| KuCoin XPLUSDTMshort | +0.483% | +0.0100% | 4h | $2.8M | $1.3M | 50x | |
| Aevo XPL-PERP | +0.489% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| HTX XPL-USDT | +0.493% | +0.0100% | 4h | $147K | $255K | 20x | as long as short |
| BingX XPL-USDT | +0.513% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Orderly PERP_XPL_USDC | +0.513% | +0.0036% | 4h | $28K | $331K | 10x | as long as short |
| Gate XPL_USDT | +0.523% | +0.0100% | 4h | $3.1M | $3.9M | 75x | as long as short |
| MEXC XPL_USDT | +0.523% | +0.0100% | 4h | $14.0M | $7.3M | 100x | as long as short |
| SoDEX XPL-USD | +0.523% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| Binance XPLUSDT | +0.527% | +0.0100% | 4h | $46.5M | $92.0M | 75x | as long as short |
| Extended XPL-USD | +0.530% | +0.0104% | 1h | $650K | $802K | 25x | as long as short |
| OKX XPL-USDT-SWAP | +0.533% | +0.0100% | 4h | $9.7M | $52.1M | 50x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.533% | −0.0450% | 1h | $47K | $11K | 25x | as long as short |
| Bybit XPLUSDT | +0.543% | +0.0100% | 4h | $49.1M | $46.7M | 75x | as long as short |
| Bitget XPLUSDT | +0.594% | +0.0100% | 4h | $8.8M | $10.8M | 75x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.610% | L +0.0005% / S −0.0004% | 1h | $71K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.625% | L −0.0039% / S +0.0452% | 1h | $133K | — | 100x | as long as short |
| Hyperliquid XPL | +0.654% | +0.0100% | 1h | $66.4M | $35.4M | 10x | as long as short |
| BloFin XPL-USDT | +0.684% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| ApeX Omni XPLUSDT | +0.724% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Phoenix XPL | +0.785% | +0.0312% | 1h | $204K | $596K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.801% | +0.1640% | 1h | $147K | $434K | 10x | as long as short |
| Variational Omni XPL | +0.881% | +0.0100% | 4h | $1.9M | $1.6M | — | as long as short |
| Bulk XPL-USD | +2.018% | +0.0100% | 1h | $142K | $15K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +3.622% | +0.0888% | 1h | $108K | $116K | 50x | as long as short |