Spread before costs (cost unknown: a leg has no order-book sample)+0.420%
7d average—if it closes, per $10,000$42funding while held, a day−$0.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XPL-USDT-SWAP | 0.1022 | 0.0100 | pay 0.0050% / 4h | 51m 22s | $10.0M | $52.8M | 50x |
| Short | Paradex XPL-USD-PERP | 0.1026 | 0.0092 | get 0.0092% / 8h | 51m 22s | $13K | $1K | 5x |
OKX XPL-USDT-SWAP
Paradex XPL-USD-PERPPrice 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
- $41.97
- Funding while held
- −$0.25
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $27.72
- Spread needed to break even
- 0.140%
Slippage unknown: OKX: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0008%
- Per $10,000 a day
- −$0.25
- 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 OKX live order book, 4 min ago | 0.49 bp | 15.4 bp −$15 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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
BloFin0.1020+34.717%ApeX Omni0.1021+34.862%SunX0.1021+34.862%SoDEX0.1021+34.862%Aevo0.1021+34.919%Deribit0.1022+34.928%HTX0.1022+34.928%
Reya
BloFin
ApeX Omni
SunX
SoDEX
Aevo
Deribit
HTXOKX0.1022+34.955%
Bulk0.1022+34.994%Backpack0.1022+34.994%Orderly0.1022+35.008%Bybit0.1022+35.060%Lighter0.1023+35.087%BingX0.1023+35.166%Variational Omni0.1023+35.191%gTrade (Gains Network)0.1024+35.228%GMX0.1024+35.228%Kraken Futures0.1024+35.260%dYdX0.1024+35.273%Binance0.1024+35.274%Gate0.1024+35.285%Phoenix0.1024+35.311%Pacifica0.1025+35.359%Extended0.1025+35.396%MEXC0.1025+35.404%KuCoin0.1025+35.404%Bitget0.1025+35.417%01 Exchange0.1026+35.457%Aster0.1026+35.457%Nado0.1026+35.506%
Bulk
Backpack
Orderly
Bybit
Lighter
BingX
Variational Omni
gTrade (Gains Network)
GMX
Kraken Futures
dYdX
Binance
Gate
Phoenix
Pacifica
Extended
MEXC
KuCoin
Bitget
Aster
NadoParadex0.1026+35.521%
Polymarket Perps0.1026+35.576%Hyperliquid0.1027+35.721%Coinbase International0.1030+36.025%
Polymarket Perps
Hyperliquid
Coinbase InternationalXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −25.901% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −0.176% | +0.0340% | 4h | $2.0M | $1.1M | 75x | as long as short |
| ApeX Omni XPLUSDT | −0.069% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| SunX XPL-USDT | −0.069% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| SoDEX XPL-USD | −0.069% | +0.0100% | 1h | $210 | $9K | 10x | as long as short |
| Aevo XPL-PERP | −0.026% | +0.0104% | 1h | $40K | $5K | 3x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.020% | 0.0000% | 1h | $48K | $11K | 25x | as long as short |
| HTX XPL-USDT | −0.020% | +0.0100% | 4h | $150K | $255K | 20x | as long as short |
| OKX XPL-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $10.0M | $52.8M | 50x | |
| Bulk XPL-USD | +0.029% | +0.0100% | 1h | $143K | $35K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack XPL_USDC_PERP | +0.029% | +0.0100% | 1h | $188K | $282K | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.039% | +0.0036% | 4h | $28K | $331K | 10x | as long as short |
| Bybit XPLUSDT | +0.078% | +0.0100% | 4h | $50.4M | $45.6M | 75x | as long as short |
| Lighter XPL | +0.098% | −0.0704% | 1h | $4.6M | $4.1M | 10x | as long as short |
| BingX XPL-USDT | +0.157% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| Variational Omni XPL | +0.175% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| gTrade (Gains Network) XPL/USD | +0.203% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.203% | L −0.0038% / S +0.0451% | 1h | $137K | — | 100x | as long as short |
| Kraken Futures PF_XPLUSD | +0.226% | +0.1604% | 1h | $148K | $426K | 10x | as long as short |
| dYdX XPL-USD | +0.236% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Binance XPLUSDT | +0.237% | +0.0100% | 4h | $48.1M | $90.7M | 75x | as long as short |
| Gate XPL_USDT | +0.245% | +0.0100% | 4h | $3.2M | $3.8M | 75x | as long as short |
| Phoenix XPL | +0.264% | +0.0312% | 1h | $209K | $596K | 10x | as long as short |
| Pacifica XPL | +0.300% | +0.0100% | 1h | $231K | $19K | 10x | as long as short |
| Extended XPL-USD | +0.327% | +0.0104% | 1h | $667K | $802K | 25x | as long as short |
| MEXC XPL_USDT | +0.333% | +0.0100% | 4h | $14.3M | $7.1M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.333% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| Bitget XPLUSDT | +0.343% | +0.0100% | 4h | $9.2M | $10.6M | 75x | as long as short |
| 01 Exchange XPLUSD | +0.372% | −0.0080% | 1h | $596 | $3K | 5x | as long as short |
| Aster XPLUSDT | +0.372% | +0.0100% | 4h | $277K | $440K | 20x | as long as short |
| Nado XPL-PERP | +0.409% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Paradex XPL-USD-PERPshort | +0.420% | +0.0092% | 8h | $13K | $1K | 5x | |
| Polymarket Perps XPL-USD | +0.460% | +0.0100% | 1h | $142K | $3.6M | 10x | as long as short |
| Hyperliquid XPL | +0.568% | +0.0386% | 1h | $68.6M | $35.1M | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.793% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |