After costs, if the gap returns to its 7d average, $10k−$125
spread now−0.101%7d average+0.126%fees + slippage, in and out−$102spread needed1.025%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XPL | 0.1002 | 0.0100 | pay 0.0013% / 1h | 29m 10s | $227K | $15K | 10x |
| Short | Phoenix XPL | 0.1001 | 0.0245 | get 0.0031% / 1h | 29m 10s | $204K | $618K | 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
- −$10.08
- Funding while held
- $4.34
- Slippage, 4 orders
- −$87.48
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$108.22
- Spread needed to break even
- 1.025%
Slippage from Pacifica: live order book, 15 min ago; Phoenix: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0145%
- Per $10,000 a day
- +$4.34
- 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 Pacifica live order book, 15 min ago | 9.99 bp | 25.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 15 min ago | 1.00 bp | 14.5 bp −$15 | 47.8 bp −$478 | 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 | −24.442% | 0.0000% | 1h | — | — | — | as long as short |
| Bulk XPL-USD | −0.191% | +0.0100% | 1h | $142K | $54K | 10x | as long as short |
| Phoenix XPLshort | −0.101% | +0.0245% | 1h | $204K | $618K | 10x | |
| Paradex XPL-USD-PERP | −0.095% | +0.0093% | 8h | $13K | $1K | 5x | as long as short |
| SunX XPL-USDT | −0.091% | +0.0100% | 4h | $3K | $2.0M | 20x | as long as short |
| Bybit XPLUSDT | −0.051% | +0.0100% | 4h | $48.3M | $49.3M | 75x | as long as short |
| Lighter XPL | −0.041% | −0.0872% | 1h | $4.5M | $4.2M | 10x | as long as short |
| OKX XPL-USDT-SWAP | −0.031% | +0.0100% | 4h | $9.4M | $54.7M | 50x | as long as short |
| Pacifica XPLlong | 0.000% | +0.0100% | 1h | $227K | $15K | 10x | |
| BingX XPL-USDT | +0.009% | +0.0100% | 4h | — | $8.0M | — | as long as short |
Pacifica XPL
Phoenix XPL
Bulk
Paradex
SunX
Bybit
Lighter
OKX
BingX
SoDEX
BloFin
Bitget
Variational Omni
Gate
MEXC
Extended
Backpack
Aster
KuCoin
Polymarket Perps
Binance
GMX
Deribit
gTrade (Gains Network)
HTX
Hyperliquid
ApeX Omni
Coinbase International
Kraken Futures