Spread before costs (cost unknown: a leg has no order-book sample)+3.414%
7d average—if it closes, per $10,000$341funding while held, a day+$22.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XPL-USD-PERP | 0.09812 | 0.0092 | pay 0.0092% / 8h | 7h 57m | $12K | $1K | 5x |
| Short | Coinbase International XPL-PERP-INTX | 0.1015 | 0.0840 | get 0.0105% / 1h | 57m 37s | $76K | $135K | 50x |
Paradex XPL-USD-PERP
Coinbase International XPL-PERP-INTXPrice 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
- $341.41
- Funding while held
- $22.45
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $349.86
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 52 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0748%
- Per $10,000 a day
- +$22.45
- 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 Coinbase International live order book, 52 min ago | 58.61 bp | 83.8 bp −$84 | doesn't fit | doesn't fit | 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
BloFin0.09785+29.259%Variational Omni0.09788+29.292%Lighter0.09793+29.364%HTX0.09799+29.444%KuCoin0.09801+29.470%01 Exchange0.09804+29.510%Gate0.09809+29.576%MEXC0.09809+29.576%Bybit0.09810+29.589%
Reya
BloFin
Variational Omni
Lighter
HTX
KuCoin
Gate
MEXC
BybitParadex0.09812+29.615%
Extended0.09813+29.631%BingX0.09814+29.642%Pacifica0.09814+29.643%Nado0.09815+29.662%Binance0.09816+29.668%dYdX0.09818+29.693%OKX0.09820+29.721%ApeX Omni0.09820+29.721%SunX0.09820+29.721%Polymarket Perps0.09821+29.729%Bitget0.09821+29.734%Hyperliquid0.09822+29.747%Aster0.09823+29.762%Aevo0.09830+29.853%SoDEX0.09830+29.853%Orderly0.09832+29.879%Deribit0.09833+29.893%gTrade (Gains Network)0.09837+29.944%GMX0.09838+29.956%Backpack0.09840+29.985%Phoenix0.09848+30.091%Kraken Futures0.09897+30.742%Bulk0.09955+31.505%
Extended
BingX
Pacifica
Nado
Binance
dYdX
OKX
ApeX Omni
SunX
Polymarket Perps
Bitget
Hyperliquid
Aster
Aevo
SoDEX
Orderly
Deribit
gTrade (Gains Network)
GMX
Backpack
Phoenix
Kraken Futures
BulkCoinbase International0.1015+34.041%
XPL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XPLRUSDPERP | −22.849% | 0.0000% | 1h | — | — | — | as long as short |
| BloFin XPL-USDT | −0.275% | +0.0340% | 4h | $1.9M | $1.1M | 75x | as long as short |
| Variational Omni XPL | −0.249% | +0.0100% | 4h | $1.7M | $1.8M | — | as long as short |
| Lighter XPL | −0.194% | −0.1144% | 1h | $4.4M | $4.2M | 10x | as long as short |
| HTX XPL-USDT | −0.133% | +0.0100% | 4h | $142K | $253K | 20x | as long as short |
| KuCoin XPLUSDTM | −0.112% | +0.0100% | 4h | $2.5M | $1.4M | 50x | as long as short |
| 01 Exchange XPLUSD | −0.082% | −0.0416% | 1h | $570 | $582 | 5x | as long as short |
| Gate XPL_USDT | −0.031% | +0.0006% | 4h | $3.0M | $3.8M | 75x | as long as short |
| MEXC XPL_USDT | −0.031% | +0.0100% | 4h | $13.8M | $7.5M | 100x | as long as short |
| Bybit XPLUSDT | −0.020% | +0.0100% | 4h | $47.6M | $48.7M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XPL-USD-PERPlong | 0.000% | +0.0092% | 8h | $12K | $1K | 5x | |
| Extended XPL-USD | +0.012% | +0.0104% | 1h | $633K | $824K | 25x | as long as short |
| BingX XPL-USDT | +0.020% | +0.0100% | 4h | — | $7.9M | — | as long as short |
| Pacifica XPL | +0.021% | +0.0100% | 1h | $222K | $15K | 10x | as long as short |
| Nado XPL-PERP | +0.036% | +0.0100% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Binance XPLUSDT | +0.041% | +0.0100% | 4h | $44.9M | $96.7M | 75x | as long as short |
| dYdX XPL-USD | +0.060% | 0.0000% | 1h | $8K | — | 5x | as long as short |
| OKX XPL-USDT-SWAP | +0.081% | +0.0100% | 4h | $9.2M | $52.7M | 50x | as long as short |
| ApeX Omni XPLUSDT | +0.081% | +0.0100% | 1h | $29K | $88K | 50x | as long as short |
| SunX XPL-USDT | +0.081% | +0.0100% | 4h | $3K | $1.9M | 20x | as long as short |
| Polymarket Perps XPL-USD | +0.088% | +0.0100% | 1h | $135K | $3.5M | 10x | as long as short |
| Bitget XPLUSDT | +0.092% | +0.0100% | 4h | $8.6M | $11.1M | 75x | as long as short |
| Hyperliquid XPL | +0.102% | +0.0100% | 1h | $63.3M | $38.5M | 10x | as long as short |
| Aster XPLUSDT | +0.114% | +0.0100% | 4h | $265K | $449K | 20x | as long as short |
| Aevo XPL-PERP | +0.183% | +0.0104% | 1h | $38K | $5K | 3x | as long as short |
| SoDEX XPL-USD | +0.183% | +0.0100% | 1h | $207 | $9K | 10x | as long as short |
| Orderly PERP_XPL_USDC | +0.204% | +0.0022% | 4h | $27K | $331K | 10x | as long as short |
| Deribit XPL_USDC-PERPETUAL | +0.214% | −0.0055% | 1h | $49K | $17K | 25x | as long as short |
| gTrade (Gains Network) XPL/USD | +0.254% | L +0.0005% / S −0.0004% | 1h | $54K | — | 150x | as long as short |
| GMX XPL/USD [WBTC.b-USDC] | +0.263% | L −0.0040% / S +0.0454% | 1h | $133K | — | 100x | as long as short |
| Backpack XPL_USDC_PERP | +0.285% | −0.0277% | 1h | $183K | $290K | 10x | as long as short |
| Phoenix XPL | +0.367% | +0.0312% | 1h | $201K | $593K | 10x | as long as short |
| Kraken Futures PF_XPLUSD | +0.869% | +0.1448% | 1h | $253K | $581K | 10x | as long as short |
| Bulk XPL-USD | +1.458% | +0.0100% | 1h | $140K | $6K | 10x | as long as short |
| Coinbase International XPL-PERP-INTXshort | +3.414% | +0.0840% | 1h | $76K | $135K | 50x |