Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d average+0.015%if it closes, per $10,000$1funding while held, a day+$2.15
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XPL_USDC | 0.09915 | 0.0028 | pay 0.0014% / 4h | 2h 05m | $28K | $333K | 10x |
| Short | HTX XPL-USDT | 0.09914 | 0.0100 | get 0.0050% / 4h | 2h 05m | $144K | $239K | 20x |
Orderly PERP_XPL_USDC
HTX XPL-USDTPrice 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
- −$1.01
- Funding while held
- $2.15
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$16.86
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 33 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0072%
- Per $10,000 a day
- +$2.15
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 33 min ago | 27.09 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
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
Bybit0.09879+30.492%Binance0.09882+30.531%OKX0.09882+30.531%BingX0.09882+30.531%Extended0.09884+30.560%MEXC0.09885+30.571%Bitget0.09886+30.584%KuCoin0.09888+30.610%Gate0.09889+30.624%SunX0.09890+30.637%Lighter0.09895+30.703%Aster0.09903+30.813%Backpack0.09907+30.861%SoDEX0.09910+30.901%Hyperliquid0.09911+30.918%GMX0.09912+30.926%Paradex0.09912+30.927%01 Exchange0.09912+30.927%Deribit0.09913+30.941%gTrade (Gains Network)0.09914+30.954%
Reya
Bybit
Binance
OKX
BingX
Extended
MEXC
Bitget
KuCoin
Gate
SunX
Lighter
Aster
Backpack
SoDEX
Hyperliquid
GMX
Paradex
Deribit
gTrade (Gains Network)HTX0.09914+30.954%
Orderly0.09915+30.967%
Aevo0.09917+30.991%BloFin0.09917+30.993%Nado0.09918+31.013%Bulk0.09920+31.033%Pacifica0.09921+31.042%dYdX0.09921+31.048%Polymarket Perps0.09927+31.130%Kraken Futures0.09940+31.301%Variational Omni0.09943+31.341%ApeX Omni0.09950+31.429%Phoenix0.09951+31.443%Coinbase International0.09987+31.918%
Aevo
BloFin
Nado
Bulk
Pacifica
dYdX
Polymarket Perps
Kraken Futures
Variational Omni
ApeX 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 | −23.645% | 0.0000% | 1h | — | — | — | as long as short |
| Bybit XPLUSDT | −0.363% | +0.0100% | 4h | $47.4M | $49.1M | 75x | as long as short |
| Binance XPLUSDT | −0.333% | +0.0100% | 4h | $45.1M | $98.5M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.333% | +0.0100% | 4h | $9.3M | $52.2M | 50x | as long as short |
| BingX XPL-USDT | −0.333% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Extended XPL-USD | −0.311% | +0.0104% | 1h | $634K | $833K | 25x | as long as short |
| MEXC XPL_USDT | −0.303% | +0.0100% | 4h | $13.7M | $7.5M | 100x | as long as short |
| Bitget XPLUSDT | −0.292% | +0.0100% | 4h | $8.6M | $10.7M | 75x | as long as short |
| KuCoin XPLUSDTM | −0.272% | +0.0100% | 4h | $2.4M | $1.4M | 50x | as long as short |
| Gate XPL_USDT | −0.262% | +0.0082% | 4h | $3.0M | $4.0M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX XPL-USDT | −0.252% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Lighter XPL | −0.202% | −0.0832% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Aster XPLUSDT | −0.118% | +0.0100% | 4h | $264K | $442K | 20x | as long as short |
| Backpack XPL_USDC_PERP | −0.081% | −0.0229% | 1h | $183K | $280K | 10x | as long as short |
| SoDEX XPL-USD | −0.050% | +0.0100% | 1h | $650 | $9K | 10x | as long as short |
| Hyperliquid XPL | −0.037% | +0.0100% | 1h | $64.8M | $41.7M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | −0.031% | L −0.0039% / S +0.0454% | 1h | $134K | — | 100x | as long as short |
| Paradex XPL-USD-PERP | −0.031% | +0.0097% | 8h | $13K | $2K | 5x | as long as short |
| 01 Exchange XPLUSD | −0.030% | −0.0152% | 1h | $576 | $583 | 5x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.020% | −0.0053% | 1h | $49K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.010% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| HTX XPL-USDTshort | −0.010% | +0.0100% | 4h | $144K | $239K | 20x | |
| Orderly PERP_XPL_USDClong | 0.000% | +0.0028% | 4h | $28K | $333K | 10x | |
| Aevo XPL-PERP | +0.018% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| BloFin XPL-USDT | +0.020% | +0.0340% | 4h | $1.8M | $1.2M | 75x | as long as short |
| Nado XPL-PERP | +0.035% | +0.0100% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Bulk XPL-USD | +0.050% | +0.0100% | 1h | $141K | $52K | 10x | as long as short |
| Pacifica XPL | +0.057% | +0.0100% | 1h | $224K | $14K | 10x | as long as short |
| dYdX XPL-USD | +0.062% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Polymarket Perps XPL-USD | +0.124% | +0.0100% | 1h | $135K | $3.2M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.255% | +0.4788% | 1h | $251K | $595K | 10x | as long as short |
| Variational Omni XPL | +0.286% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| ApeX Omni XPLUSDT | +0.353% | +0.0100% | 1h | $29K | $78K | 50x | as long as short |
| Phoenix XPL | +0.363% | +0.0241% | 1h | $203K | $623K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.726% | +0.0840% | 1h | $77K | $120K | 50x | as long as short |