Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average—if it closes, per $10,000$1funding while held, a day+$7.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XPL-USD-PERP | 0.1006 | 0.0092 | pay 0.0092% / 8h | 41m 49s | $13K | $1K | 5x |
| Short | BloFin XPL-USDT | 0.1006 | 0.0340 | get 0.0170% / 4h | 41m 49s | $2.0M | $1.1M | 75x |
Paradex XPL-USD-PERP
BloFin 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
- $0.86
- Funding while held
- $7.43
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.71
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0248%
- Per $10,000 a day
- +$7.43
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 2.48 bp | 17.0 bp −$17 | 30.5 bp −$305 | 78.3 bp −$7,833 | doesn't fit |
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.Reya0.07570cheapest
Bybit0.1003+32.425%Gate0.1003+32.438%OKX0.1003+32.451%KuCoin0.1003+32.464%MEXC0.1003+32.478%SoDEX0.1003+32.491%Extended0.1003+32.501%Binance0.1003+32.504%Bitget0.1003+32.517%Aster0.1003+32.527%BingX0.1003+32.544%HTX0.1004+32.596%Lighter0.1004+32.623%Backpack0.1004+32.623%Hyperliquid0.1005+32.715%SunX0.1005+32.755%Orderly0.1006+32.834%Deribit0.1006+32.847%Aevo0.1006+32.849%
Reya
Bybit
Gate
OKX
KuCoin
MEXC
SoDEX
Extended
Binance
Bitget
Aster
BingX
HTX
Lighter
Backpack
Hyperliquid
SunX
Orderly
Deribit
AevoParadex0.1006+32.862%
BloFin0.1006+32.874%
Nado0.1006+32.897%Kraken Futures0.1006+32.921%Pacifica0.1007+32.974%GMX0.1007+32.982%01 Exchange0.1007+32.993%gTrade (Gains Network)0.1007+33.005%dYdX0.1007+33.019%Polymarket Perps0.1007+33.072%Variational Omni0.1012+33.658%ApeX Omni0.1012+33.680%Bulk0.1014+33.924%Phoenix0.1014+33.970%Coinbase International0.1030+36.031%
Nado
Kraken Futures
Pacifica
GMX
gTrade (Gains Network)
dYdX
Polymarket Perps
Variational Omni
ApeX Omni
Bulk
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 | −24.734% | 0.0000% | 1h | — | — | — | as long as short |
| Bybit XPLUSDT | −0.329% | +0.0100% | 4h | $49.3M | $46.0M | 75x | as long as short |
| Gate XPL_USDT | −0.320% | +0.0100% | 4h | $3.1M | $3.8M | 75x | as long as short |
| OKX XPL-USDT-SWAP | −0.310% | +0.0100% | 4h | $9.8M | $52.1M | 50x | as long as short |
| KuCoin XPLUSDTM | −0.300% | +0.0100% | 4h | $2.8M | $1.3M | 50x | as long as short |
| MEXC XPL_USDT | −0.290% | +0.0100% | 4h | $14.1M | $7.2M | 100x | as long as short |
| SoDEX XPL-USD | −0.280% | +0.0100% | 1h | $214 | $9K | 10x | as long as short |
| Extended XPL-USD | −0.272% | +0.0104% | 1h | $656K | $802K | 25x | as long as short |
| Binance XPLUSDT | −0.270% | +0.0100% | 4h | $46.9M | $91.4M | 75x | as long as short |
| Bitget XPLUSDT | −0.260% | +0.0100% | 4h | $8.9M | $10.6M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XPLUSDT | −0.252% | +0.0100% | 4h | $271K | $441K | 20x | as long as short |
| BingX XPL-USDT | −0.240% | +0.0100% | 4h | — | $7.8M | — | as long as short |
| HTX XPL-USDT | −0.200% | +0.0100% | 4h | $148K | $255K | 20x | as long as short |
| Lighter XPL | −0.180% | −0.0784% | 1h | $4.5M | $4.1M | 10x | as long as short |
| Backpack XPL_USDC_PERP | −0.180% | −0.0004% | 1h | $185K | $288K | 10x | as long as short |
| Hyperliquid XPL | −0.111% | +0.0139% | 1h | $66.8M | $35.4M | 10x | as long as short |
| SunX XPL-USDT | −0.081% | +0.0100% | 4h | $3K | $1.8M | 20x | as long as short |
| Orderly PERP_XPL_USDC | −0.021% | +0.0042% | 4h | $28K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | −0.011% | −0.0446% | 1h | $47K | $11K | 25x | as long as short |
| Aevo XPL-PERP | −0.010% | +0.0104% | 1h | $39K | $5K | 3x | as long as short |
| Paradex XPL-USD-PERPlong | 0.000% | +0.0092% | 8h | $13K | $1K | 5x | |
| BloFin XPL-USDTshort | +0.009% | +0.0340% | 4h | $2.0M | $1.1M | 75x | |
| Nado XPL-PERP | +0.026% | +0.0100% | 1h | $1.5M | $2.3M | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.044% | +0.1632% | 1h | $147K | $428K | 10x | as long as short |
| Pacifica XPL | +0.084% | +0.0100% | 1h | $228K | $20K | 10x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.090% | L −0.0038% / S +0.0452% | 1h | $134K | — | 100x | as long as short |
| 01 Exchange XPLUSD | +0.098% | −0.0200% | 1h | $585 | $3K | 5x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.107% | L +0.0005% / S −0.0004% | 1h | $72K | — | 150x | as long as short |
| dYdX XPL-USD | +0.118% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| Polymarket Perps XPL-USD | +0.158% | +0.0100% | 1h | $140K | $3.5M | 10x | as long as short |
| Variational Omni XPL | +0.599% | +0.0100% | 4h | $1.9M | $1.5M | — | as long as short |
| ApeX Omni XPLUSDT | +0.615% | +0.0100% | 1h | $30K | $88K | 50x | as long as short |
| Bulk XPL-USD | +0.799% | +0.0100% | 1h | $142K | $15K | 10x | as long as short |
| Phoenix XPL | +0.834% | +0.0312% | 1h | $207K | $596K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +2.385% | +0.0888% | 1h | $108K | $120K | 50x | as long as short |