Spread before costs (cost unknown: a leg has no order-book sample)+0.120%
7d average—if it closes, per $10,000$12funding while held, a day+$2.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XPL_USDC | 0.09988 | 0.0018 | pay 0.0009% / 4h | 3h 47m | $28K | $331K | 10x |
| Short | SoDEX XPL-USD | 0.1000 | 0.0100 | get 0.0013% / 1h | 47m 34s | $211 | $9K | 10x |
Orderly PERP_XPL_USDC
SoDEX XPL-USDPrice 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
- $12.01
- Funding while held
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $0.48
- Spread needed to break even
- 0.140%
Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0082%
- Per $10,000 a day
- +$2.46
- 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 SoDEX no order-book sample | — | — | — | — | — |
Orderly and SoDEX: 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.Reya0.07570cheapest
Bulk0.09946+31.388%01 Exchange0.09953+31.476%Bybit0.09954+31.489%KuCoin0.09960+31.568%Lighter0.09962+31.595%Paradex0.09963+31.612%BingX0.09964+31.621%OKX0.09965+31.634%Gate0.09965+31.634%Binance0.09965+31.637%Extended0.09967+31.665%Bitget0.09970+31.700%MEXC0.09974+31.753%Pacifica0.09977+31.794%SunX0.09980+31.832%dYdX0.09981+31.839%gTrade (Gains Network)0.09982+31.852%Aster0.09983+31.872%
Reya
Bulk
Bybit
KuCoin
Lighter
Paradex
BingX
OKX
Gate
Binance
Extended
Bitget
MEXC
Pacifica
SunX
dYdX
gTrade (Gains Network)
AsterOrderly0.09988+31.938%
Deribit0.09990+31.965%Hyperliquid0.09991+31.976%Nado0.09991+31.981%Aevo0.09993+32.004%Polymarket Perps0.09993+32.008%GMX0.09994+32.015%HTX0.09996+32.044%Backpack0.09999+32.083%ApeX Omni0.1000+32.097%
Deribit
Hyperliquid
Nado
Aevo
Polymarket Perps
GMX
HTX
Backpack
ApeX OmniSoDEX0.1000+32.097%
Variational Omni0.1000+32.141%BloFin0.1001+32.189%Phoenix0.1004+32.585%Coinbase International0.1007+33.008%Kraken Futures0.1007+33.015%
Variational Omni
BloFin
Phoenix
Coinbase International
Kraken FuturesXPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −24.207% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.417% | +0.0100% | 1h | $139K | $6K | 10x | as long as short |
| 01 Exchange XPLUSD | −0.350% | −0.0224% | 1h | $579 | $582 | 5x | as long as short |
| Bybit XPLUSDT | −0.340% | −0.0063% | 4h | $48.1M | $49.1M | 75x | as long as short |
| KuCoin XPLUSDTM | −0.280% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| Lighter XPL | −0.260% | −0.0960% | 1h | $4.5M | $4.2M | 10x | as long as short |
| Paradex XPL-USD-PERP | −0.247% | +0.0092% | 8h | $13K | $1K | 5x | as long as short |
| BingX XPL-USDT | −0.240% | +0.0100% | 4h | — | $8.0M | — | as long as short |
| OKX XPL-USDT-SWAP | −0.230% | +0.0100% | 4h | $9.4M | $54.1M | 50x | as long as short |
| Gate XPL_USDT | −0.230% | +0.0012% | 4h | $3.1M | $3.9M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XPLUSDT | −0.228% | +0.0100% | 4h | $45.7M | $98.3M | 75x | as long as short |
| Extended XPL-USD | −0.207% | +0.0104% | 1h | $647K | $832K | 25x | as long as short |
| Bitget XPLUSDT | −0.180% | +0.0100% | 4h | $8.7M | $11.2M | 75x | as long as short |
| MEXC XPL_USDT | −0.140% | +0.0100% | 4h | $14.1M | $7.5M | 100x | as long as short |
| Pacifica XPL | −0.109% | +0.0100% | 1h | $226K | $15K | 10x | as long as short |
| SunX XPL-USDT | −0.080% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| dYdX XPL-USD | −0.075% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | −0.065% | L +0.0005% / S −0.0004% | 1h | $73K | — | 150x | as long as short |
| Aster XPLUSDT | −0.050% | +0.0100% | 4h | $269K | $452K | 20x | as long as short |
| Orderly PERP_XPL_USDClong | 0.000% | +0.0018% | 4h | $28K | $331K | 10x | |
| Deribit XPL_USDC-PERPETUAL | +0.020% | −0.0350% | 1h | $50K | $17K | 25x | as long as short |
| Hyperliquid XPL | +0.029% | +0.0181% | 1h | $65.2M | $39.9M | 10x | as long as short |
| Nado XPL-PERP | +0.033% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Aevo XPL-PERP | +0.050% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Polymarket Perps XPL-USD | +0.053% | +0.0100% | 1h | $136K | $3.5M | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.058% | L −0.0040% / S +0.0454% | 1h | $135K | — | 100x | as long as short |
| HTX XPL-USDT | +0.080% | +0.0100% | 4h | $145K | $244K | 20x | as long as short |
| Backpack XPL_USDC_PERP | +0.110% | −0.0126% | 1h | $185K | $288K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.120% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| SoDEX XPL-USDshort | +0.120% | +0.0100% | 1h | $211 | $9K | 10x | |
| Variational Omni XPL | +0.154% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| BloFin XPL-USDT | +0.190% | +0.0340% | 4h | $1.7M | $1.2M | 75x | as long as short |
| Phoenix XPL | +0.491% | +0.0245% | 1h | $205K | $618K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.811% | +0.0840% | 1h | $78K | $134K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.816% | +0.1423% | 1h | $257K | $590K | 10x | as long as short |