data as of
Settings8H · net · $10k
Price arb /

XPL

all XPL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$331
spread now−0.272%7d average−0.122%fees + slippage, in and out−$316spread needed3.163%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XPL0.09937−0.0704get 0.0088% / 1h24m 19s$4.5M$4.2M10x
ShortSunX XPL-USDT0.099100.0100get 0.0050% / 4h1h 24m$2K$1.9M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$27.17
Funding while held
$24.12
Slippage, 4 orders
−$306.28
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 5 bp × 2 orders
−$10
Net
−$319.33
Spread needed to break even
3.163%
Slippage from Lighter: live order book, 5 min ago; SunX: live order book, 8 min ago.

Cost of waiting

funding view
Funding /8h
+0.0804%
Per $10,000 a day
+$24.12
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago3.52 bp6.5 bp −$623.7 bp −$237doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago35.09 bp144.1 bp −$144doesn't fitdoesn't fitdoesn't fit

XPL price on every exchange

against the cheapest. Click to use as the short leg.

XPL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya XPLRUSDPERP−23.815%0.0000%1has long as short
SunX XPL-USDTshort−0.272%+0.0100%4h$2K$1.9M20x
SoDEX XPL-USD−0.070%+0.0100%1h$209$10K10xas long as short
BloFin XPL-USDT−0.060%+0.0340%4h$1.8M$1.2M75xas long as short
HTX XPL-USDT−0.030%+0.0100%4h$143K$241K20xas long as short
Orderly PERP_XPL_USDC−0.010%+0.0046%4h$28K$333K10xas long as short
Lighter XPLlong0.000%−0.0704%1h$4.5M$4.2M10x
Aevo XPL-PERP+0.030%+0.0104%1h$39K$5K3xas long as short
Deribit XPL_USDC-PERPETUAL+0.030%−0.0052%1h$49K$17K25xas long as short
Nado XPL-PERP+0.040%+0.0100%1h$1.4M$2.6M10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack XPL_USDC_PERP+0.070%−0.0432%1h$183K$282K10xas long as short
Aster XPLUSDT+0.148%+0.0100%4h$275K$471K20xas long as short
01 Exchange XPLUSD+0.181%−0.0056%1h$579$5835xas long as short
MEXC XPL_USDT+0.191%+0.0100%4h$13.7M$7.3M100xas long as short
BingX XPL-USDT+0.191%+0.0100%4h$7.9Mas long as short
Gate XPL_USDT+0.201%+0.0100%4h$3.1M$4.0M75xas long as short
Variational Omni XPL+0.211%+0.0100%4h$1.7M$1.8Mas long as short
Bybit XPLUSDT+0.211%+0.0100%4h$47.9M$49.4M75xas long as short
Pacifica XPL+0.227%+0.0100%1h$225K$14K10xas long as short
OKX XPL-USDT-SWAP+0.231%+0.0100%4h$9.4M$52.8M50xas long as short
Binance XPLUSDT+0.235%+0.0100%4h$45.4M$100.1M75xas long as short
Paradex XPL-USD-PERP+0.249%+0.0099%8h$13K$2K5xas long as short
gTrade (Gains Network) XPL/USD+0.259%L +0.0005% / S −0.0004%1h$56K150xas long as short
KuCoin XPLUSDTM+0.262%+0.0100%4h$2.4M$1.4M50xas long as short
GMX XPL/USD [WBTC.b-USDC]+0.262%L −0.0039% / S +0.0454%1h$135K100xas long as short
Bitget XPLUSDT+0.272%+0.0100%4h$8.7M$10.8M75xas long as short
Bulk XPL-USD+0.282%+0.0100%1h$141K$53K10xas long as short
Extended XPL-USD+0.291%+0.0104%1h$630K$852K25xas long as short
dYdX XPL-USD+0.305%0.0000%1h$8K5xas long as short
ApeX Omni XPLUSDT+0.332%+0.0100%1h$26K$82K50xas long as short
Polymarket Perps XPL-USD+0.342%+0.0100%1h$134K$2.7M10xas long as short
Hyperliquid XPL+0.362%+0.0266%1h$65.6M$43.7M10xas long as short
Kraken Futures PF_XPLUSD+0.385%+0.2761%1h$292K$691K10xas long as short
Phoenix XPL+0.493%+0.0324%1h$204K$621K10xas long as short
Coinbase International XPL-PERP-INTX+0.865%+0.0848%1h$77K$117K50xas long as short