After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.097%7d average+0.097%fees + slippage, in and out−$23spread needed0.225%
| 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 33m | $14.4M | $6.6M | 100x |
| Short | Polymarket Perps XPL-USD | 0.1028 | 0.0100 | get 0.0013% / 1h | 33m 31s | $144K | $3.7M | 10x |
Price 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
- −$9.72
- Funding while held
- $0
- Slippage, 4 orders
- −$14.52
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$32.24
- Spread needed to break even
- 0.225%
Slippage from MEXC: live order book, 1 min ago; Polymarket Perps: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 1 min ago | 1.46 bp | 4.7 bp −$5 | 35.1 bp −$351 | 108.5 bp −$10.9K | 248.6 bp −$124.3K |
| Sell Polymarket Perps live order book, 2 min ago | 2.43 bp | 6.9 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −26.398% | 0.0000% | 1h | — | — | — | as long as short |
| SunX XPL-USDT | −0.350% | +0.0100% | 4h | $2K | $1.8M | 20x | as long as short |
| Bybit XPLUSDT | −0.311% | +0.0100% | 4h | $49.6M | $42.5M | 75x | as long as short |
| SoDEX XPL-USD | −0.253% | +0.0100% | 1h | $195 | $9K | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.243% | +0.0100% | 4h | $10.1M | $50.9M | 50x | as long as short |
| 01 Exchange XPLUSD | −0.243% | −0.0048% | 1h | $597 | $3K | 5x | as long as short |
| HTX XPL-USDT | −0.224% | +0.0100% | 4h | $154K | $250K | 20x | as long as short |
| Binance XPLUSDT | −0.213% | +0.0100% | 4h | $48.5M | $85.2M | 75x | as long as short |
| Nado XPL-PERP | −0.211% | +0.0100% | 1h | $1.5M | $2.1M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.204% | +0.0064% | 4h | $28K | $331K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit XPL_USDC-PERPETUAL | −0.194% | 0.0000% | 1h | $45K | $8K | 25x | as long as short |
| Lighter XPL | −0.185% | −0.0240% | 1h | $4.6M | $3.5M | 10x | as long as short |
| Aevo XPL-PERP | −0.155% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.151% | L +0.0005% / S −0.0004% | 1h | $55K | — | 150x | as long as short |
| Bitget XPLUSDT | −0.146% | +0.0100% | 4h | $9.2M | $9.6M | 75x | as long as short |
| Extended XPL-USD | −0.136% | +0.0104% | 1h | $680K | $619K | 25x | as long as short |
| BingX XPL-USDT | −0.136% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Backpack XPL_USDC_PERP | −0.097% | −0.0366% | 1h | $187K | $277K | 10x | as long as short |
| Polymarket Perps XPL-USDshort | −0.097% | +0.0100% | 1h | $144K | $3.7M | 10x | |
| Gate XPL_USDT | −0.068% | +0.0100% | 4h | $3.3M | $3.5M | 75x | as long as short |
| Paradex XPL-USD-PERP | −0.067% | +0.0094% | 8h | $12K | $946 | 5x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.053% | L −0.0030% / S +0.0444% | 1h | $137K | — | 100x | as long as short |
| dYdX XPL-USD | −0.039% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Kraken Futures PF_XPLUSD | −0.027% | +0.1151% | 1h | $120K | $354K | 10x | as long as short |
| MEXC XPL_USDTlong | 0.000% | +0.0100% | 4h | $14.4M | $6.6M | 100x | |
| Pacifica XPL | +0.019% | +0.0100% | 1h | $232K | $18K | 10x | as long as short |
| Bulk XPL-USD | +0.026% | +0.0100% | 1h | $144K | $35K | 10x | as long as short |
| Aster XPLUSDT | +0.032% | +0.0100% | 4h | $313K | $391K | 20x | as long as short |
| KuCoin XPLUSDTM | +0.058% | +0.0100% | 4h | $2.8M | $1.2M | 50x | as long as short |
| ApeX Omni XPLUSDT | +0.136% | +0.0100% | 1h | $32K | $84K | 50x | as long as short |
| Hyperliquid XPL | +0.146% | +0.0677% | 1h | $70.0M | $31.8M | 10x | as long as short |
| BloFin XPL-USDT | +0.340% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| Variational Omni XPL | +0.422% | +0.0100% | 4h | $1.9M | $1.4M | — | as long as short |
| Phoenix XPL | +0.642% | +0.0385% | 1h | $224K | $479K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.749% | +0.0872% | 1h | $114K | $139K | 50x | as long as short |
MEXC XPL_USDT
Polymarket Perps XPL-USD
SunX
Bybit
SoDEX
OKX
HTX
Binance
Deribit
Lighter
gTrade (Gains Network)
Bitget
Extended
BingX
Backpack
Gate
Paradex
GMX
Kraken Futures
Pacifica
Bulk
Aster
KuCoin
ApeX Omni
Hyperliquid
BloFin
Variational Omni
Phoenix
Coinbase International