Spread before costs (cost unknown: a leg has no order-book sample)−0.068%
7d average—if it closes, per $10,000$7funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPL_USDT | 0.1029 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $14.4M | $6.6M | 100x |
| Short | Deribit XPL_USDC-PERPETUAL | 0.1028 | 0 | get 0.0000% / 1h | 34m 55s | $45K | $8K | 25x |
MEXC XPL_USDT
Deribit XPL_USDC-PERPETUALPrice 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
- −$6.8
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$16.8
- Spread needed to break even
- 0.070%
Slippage unknown: MEXC: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 MEXC live order book, 10 min ago | 0.49 bp | 3.2 bp −$3 | 20.5 bp −$205 | 100.5 bp −$10.1K | 239.4 bp −$119.7K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XPL price on every exchange
against the cheapest. Click to use as the short leg.Reya0.07571cheapest
SunX0.1026+35.523%ApeX Omni0.1027+35.655%Lighter0.1027+35.721%Orderly0.1028+35.787%SoDEX0.1028+35.787%
Reya
SunX
ApeX Omni
Lighter
Orderly
SoDEXDeribit0.1028+35.827%
Aevo0.1028+35.833%Bybit0.1028+35.840%Extended0.1028+35.845%BingX0.1029+35.866%Binance0.1029+35.893%GMX0.1029+35.902%Bulk0.1029+35.902%OKX0.1029+35.906%
Aevo
Bybit
Extended
BingX
Binance
GMX
Bulk
OKXMEXC0.1029+35.919%
gTrade (Gains Network)0.1029+35.926%Backpack0.1029+35.932%Gate0.1029+35.959%KuCoin0.1029+35.959%Bitget0.1029+35.972%Kraken Futures0.1030+36.040%Aster0.1030+36.108%Paradex0.1031+36.201%01 Exchange0.1031+36.210%Hyperliquid0.1032+36.262%Nado0.1032+36.279%Polymarket Perps0.1032+36.315%BloFin0.1032+36.329%dYdX0.1033+36.391%Variational Omni0.1033+36.439%Pacifica0.1033+36.492%HTX0.1035+36.685%Phoenix0.1035+36.738%Coinbase International0.1036+36.883%
gTrade (Gains Network)
Backpack
Gate
KuCoin
Bitget
Kraken Futures
Aster
Paradex
Hyperliquid
Nado
Polymarket Perps
BloFin
dYdX
Variational Omni
Pacifica
HTX
Phoenix
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.427% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.292% | +0.0100% | 4h | $2K | $1.8M | 20x | as long as short |
| ApeX Omni XPLUSDT | −0.194% | +0.0100% | 1h | $32K | $84K | 50x | as long as short |
| Lighter XPL | −0.146% | −0.0224% | 1h | $4.6M | $3.4M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.097% | +0.0064% | 4h | $28K | $331K | 10x | as long as short |
| SoDEX XPL-USD | −0.097% | +0.0100% | 1h | $193 | $9K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUALshort | −0.068% | 0.0000% | 1h | $45K | $8K | 25x | |
| Aevo XPL-PERP | −0.063% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Bybit XPLUSDT | −0.058% | +0.0100% | 4h | $49.7M | $42.5M | 75x | as long as short |
| Extended XPL-USD | −0.055% | +0.0104% | 1h | $684K | $619K | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XPL-USDT | −0.039% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Binance XPLUSDT | −0.019% | +0.0100% | 4h | $48.6M | $85.2M | 75x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.013% | L −0.0030% / S +0.0444% | 1h | $137K | — | 100x | as long as short |
| Bulk XPL-USD | −0.012% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.010% | +0.0100% | 4h | $10.1M | $51.1M | 50x | as long as short |
| MEXC XPL_USDTlong | 0.000% | +0.0100% | 4h | $14.4M | $6.6M | 100x | |
| gTrade (Gains Network) XPL/USD | +0.005% | L +0.0005% / S −0.0004% | 1h | $55K | — | 150x | as long as short |
| Backpack XPL_USDC_PERP | +0.010% | −0.0363% | 1h | $187K | $280K | 10x | as long as short |
| Gate XPL_USDT | +0.029% | +0.0100% | 4h | $3.3M | $3.5M | 75x | as long as short |
| KuCoin XPLUSDTM | +0.029% | +0.0100% | 4h | $2.8M | $1.2M | 50x | as long as short |
| Bitget XPLUSDT | +0.039% | +0.0100% | 4h | $9.2M | $9.6M | 75x | as long as short |
| Kraken Futures PF_XPLUSD | +0.089% | +0.1149% | 1h | $121K | $354K | 10x | as long as short |
| Aster XPLUSDT | +0.139% | +0.0100% | 4h | $314K | $392K | 20x | as long as short |
| Paradex XPL-USD-PERP | +0.207% | +0.0094% | 8h | $12K | $946 | 5x | as long as short |
| 01 Exchange XPLUSD | +0.214% | −0.0048% | 1h | $600 | $3K | 5x | as long as short |
| Hyperliquid XPL | +0.253% | +0.0654% | 1h | $70.1M | $31.8M | 10x | as long as short |
| Nado XPL-PERP | +0.265% | +0.0100% | 1h | $1.5M | $2.1M | 10x | as long as short |
| Polymarket Perps XPL-USD | +0.292% | +0.0100% | 1h | $145K | $3.7M | 10x | as long as short |
| BloFin XPL-USDT | +0.301% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| dYdX XPL-USD | +0.347% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Variational Omni XPL | +0.383% | +0.0100% | 4h | $1.9M | $1.4M | — | as long as short |
| Pacifica XPL | +0.422% | +0.0100% | 1h | $233K | $18K | 10x | as long as short |
| HTX XPL-USDT | +0.564% | +0.0100% | 4h | $154K | $250K | 20x | as long as short |
| Phoenix XPL | +0.603% | +0.0385% | 1h | $224K | $479K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.709% | +0.0872% | 1h | $114K | $139K | 50x | as long as short |