Spread before costs (cost unknown: a leg has no order-book sample)−0.097%
7d average−0.037%if it closes, per $10,000$10funding while held, a day−$1.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPL_USDT | 0.1027 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $14.3M | $6.6M | 100x |
| Short | Orderly PERP_XPL_USDC | 0.1026 | 0.0063 | get 0.0032% / 4h | 2h 32m | $28K | $331K | 10x |
MEXC XPL_USDT
Orderly PERP_XPL_USDCPrice 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
- −$9.74
- Funding while held
- −$1.1
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.84
- Spread needed to break even
- 0.060%
Slippage unknown: MEXC: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0037%
- Per $10,000 a day
- −$1.10
- 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, 2 min ago | 1.46 bp | 4.7 bp −$5 | 35.1 bp −$351 | 108.5 bp −$10.9K | 248.6 bp −$124.3K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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
SunX0.1025+35.390%Lighter0.1025+35.403%Bybit0.1026+35.509%BingX0.1026+35.509%SoDEX0.1026+35.522%Extended0.1026+35.532%
Reya
SunX
Lighter
Bybit
BingX
SoDEX
ExtendedOrderly0.1026+35.535%
Paradex0.1026+35.557%HTX0.1026+35.562%Binance0.1026+35.587%Nado0.1027+35.595%OKX0.1027+35.601%01 Exchange0.1027+35.601%Aevo0.1027+35.603%dYdX0.1027+35.608%gTrade (Gains Network)0.1027+35.611%Pacifica0.1027+35.616%Deribit0.1027+35.628%GMX0.1027+35.632%Bitget0.1027+35.641%BloFin0.1027+35.641%Kraken Futures0.1027+35.653%Gate0.1027+35.667%
Paradex
HTX
Binance
Nado
OKX
Aevo
dYdX
gTrade (Gains Network)
Pacifica
Deribit
GMX
Bitget
BloFin
Kraken Futures
GateMEXC0.1027+35.667%
Backpack0.1027+35.707%KuCoin0.1027+35.720%Polymarket Perps0.1027+35.720%Aster0.1028+35.811%Bulk0.1029+35.901%Hyperliquid0.1029+35.958%ApeX Omni0.1030+36.050%Variational Omni0.1033+36.439%Phoenix0.1035+36.737%Coinbase International0.1036+36.883%
Backpack
KuCoin
Polymarket Perps
Aster
Bulk
Hyperliquid
ApeX Omni
Variational Omni
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 | −26.290% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.204% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Lighter XPL | −0.195% | −0.0240% | 1h | $4.6M | $3.5M | 10x | as long as short |
| Bybit XPLUSDT | −0.117% | +0.0100% | 4h | $49.6M | $42.3M | 75x | as long as short |
| BingX XPL-USDT | −0.117% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| SoDEX XPL-USD | −0.107% | +0.0100% | 1h | $193 | $9K | 10x | as long as short |
| Extended XPL-USD | −0.100% | +0.0104% | 1h | $680K | $617K | 25x | as long as short |
| Orderly PERP_XPL_USDCshort | −0.097% | +0.0063% | 4h | $28K | $331K | 10x | |
| Paradex XPL-USD-PERP | −0.081% | +0.0094% | 8h | $12K | $946 | 5x | as long as short |
| HTX XPL-USDT | −0.078% | +0.0100% | 4h | $153K | $250K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XPLUSDT | −0.060% | +0.0100% | 4h | $48.5M | $85.2M | 75x | as long as short |
| Nado XPL-PERP | −0.054% | +0.0100% | 1h | $1.5M | $2.1M | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.049% | +0.0100% | 4h | $10.1M | $50.9M | 50x | as long as short |
| 01 Exchange XPLUSD | −0.049% | −0.0048% | 1h | $597 | $3K | 5x | as long as short |
| Aevo XPL-PERP | −0.048% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| dYdX XPL-USD | −0.044% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.042% | L +0.0005% / S −0.0004% | 1h | $55K | — | 150x | as long as short |
| Pacifica XPL | −0.038% | +0.0100% | 1h | $231K | $18K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.029% | 0.0000% | 1h | $45K | $8K | 25x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.026% | L −0.0030% / S +0.0444% | 1h | $137K | — | 100x | as long as short |
| Bitget XPLUSDT | −0.019% | +0.0100% | 4h | $9.2M | $9.6M | 75x | as long as short |
| BloFin XPL-USDT | −0.019% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Kraken Futures PF_XPLUSD | −0.011% | +0.1152% | 1h | $120K | $354K | 10x | as long as short |
| Gate XPL_USDT | 0.000% | +0.0100% | 4h | $3.3M | $3.5M | 75x | as long as short |
| MEXC XPL_USDTlong | 0.000% | +0.0100% | 4h | $14.3M | $6.6M | 100x | |
| Backpack XPL_USDC_PERP | +0.029% | −0.0360% | 1h | $187K | $277K | 10x | as long as short |
| KuCoin XPLUSDTM | +0.039% | +0.0100% | 4h | $2.8M | $1.2M | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.039% | +0.0100% | 1h | $141K | $3.7M | 10x | as long as short |
| Aster XPLUSDT | +0.106% | +0.0100% | 4h | $313K | $391K | 20x | as long as short |
| Bulk XPL-USD | +0.173% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| Hyperliquid XPL | +0.214% | +0.0681% | 1h | $69.9M | $31.8M | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.282% | +0.0100% | 1h | $32K | $84K | 50x | as long as short |
| Variational Omni XPL | +0.568% | +0.0100% | 4h | $1.9M | $1.4M | — | as long as short |
| Phoenix XPL | +0.789% | +0.0385% | 1h | $224K | $479K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.896% | +0.0872% | 1h | $114K | $139K | 50x | as long as short |